SOUTH PLACE HOTEL LIMITED

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

  -6%

  £11,104,020 → £10,440,021

  lowest in 3 filed years

• Cash

  +289.3%

  -£148,307 → £280,742

• Net assets

  +74.4%

  -£5,030,536 → -£1,287,562

  highest in 3 filed years

• Employees

  -22.3%

  175 → 136

  lowest in 3 filed years

• Operating profit

  +785.3%

  -£542,874 → £3,720,158

  highest in 3 filed years

• Profit before tax

  +785.3%

  -£542,874 → £3,720,158

  highest in 3 filed years

• Wages

  -9.4%

  £3,656,088 → £3,312,215

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. SOUTH PLACE HOTEL LIMITED 2013-07-01 → present
2. SOUTH PLACE RESTAURANTS LIMITED 2009-10-10 → 2013-07-01
3. D&D LONDON RESTAURANTS LIMITED 2007-03-01 → 2009-10-10
4. D&D LONDON LIMITED 2007-01-08 → 2007-03-01

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Sumer Auditco Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In assessing the going concern basis of preparation of the financial statements for the year ended 30 September 2024, the directors have taken into consideration detailed cash flow forecasts for the business and the forecast compliance with bank covenants covering a period of at least 12 months from the date these financial statements were authorised for issue. The forecasts indicate that the group has sufficient liquidity to realise its assets and meet its liabilities as they fall due for a period of at least 12 months from the date these financial statements were authorised for issue. The banking covenant (based on minimum liquidity) will be met for that period. The current trading performance of the group provides comfort to the directors in their forecasts. The Company is dependent on the continuing provision of the financial support that it has received from its parent undertaking, Bresand Leisure Limited. The parent has committed to provide continuing support for at least the next 12 months from the date of the authorisation for issuance of these financial statements, through the provision of a formal support letter signed by deed. The directors of both the company and parent undertaking have a reasonable expectation that the Company and the parent undertaking will have access to adequate resources to continue in operational existence for the foreseeable future.”

Significant events

• “In April 2025 the Group relaunched under a new brand and identity, Evolv collection, poised for future growth. South Place Hotel will continue to trade under this name.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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