OB CAPITAL LTD

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  -79.3%

  £3,605,476 → £745,720

• Net assets

  -24.3%

  £20,175,009 → £15,276,249

  lowest in 5 filed years

• Employees

  +1,150%

  4 → 50

  highest in 5 filed years

• Operating profit

  -522.4%

  -£395,803 → -£2,463,392

• Profit before tax

  -949.5%

  -£459,205 → -£4,819,232

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. OB CAPITAL LTD 2014-01-17 → present
2. GE REAL ESTATE (INVESTMENT PROPERTIES) LIMITED 2005-06-29 → 2014-01-17

Accounting basis

FRS 102 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having considered the matters above, including the completed refinancing on 21 October 2025, the unconditional Parent support and the updated forecasts, the Directors continue to adopt the going concern basis in preparing these financial statements and do not consider that a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern for the twelve months from the date of approval of these financial statements.”

Significant events

• “OB Capital Ltd is disclosing a significant non-adjusting post balance sheet event that occurred subsequent to the year-end.”
• “Additional loans of £2,400,000 have been received from shareholders.”
• “Subsequent to the reporting date, the shareholder OB Hospitality S.A.R.L. has acquired the remaining shares in the Company from the joint shareholder IM2 Holdings Limited. Upon completion of this transaction, OB Hospitality S.A.R.L. has become the sole shareholder of the Company.”
• “Subsequent to the year end, the Company executed refinancing agreements on 21 October 2025, replacing the prior OakNorth Bank facility. The new financing comprises a Refinancing Tranche and a dedicated Finance Costs Tranche to fund finance costs during the early trading period. Total commitments amount to £50m (£49m for the refinancing plus £1m of interest shortfall) across a consortium of lenders. Completion of the refinancing resulted in full repayment of the OakNorth indebtedness and cured previous covenant breaches. The new loan is due for repayment in October 2027.”
• “Due to a breach of these loan covenants at year end the bank loan has been reclassified to amounts falling due in one year. Full details of this successful loan refinancing with the consortium of lenders have been disclosed in note 21 Post balance sheet events.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

20

last 12 months

Capital events

8

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.