PROVENANCE INNS LIMITED
Get an alert when PROVENANCE INNS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£17K
-86.3% lowest in 5 filed years
Net assets
-£7.6M
-20.2% lowest in 5 filed years
Employees
110
-4.3% vs 2024
Profit before tax
-£1.3M
+8.2% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The balance sheet shows that liabilities exceed assets by £7,609,706 (2024: £6,330,266) and the company is dependent on its loans and the director's funds for the continuation of normal trading operations. Forecasts show the company reliant on the continuing support of the director, who has pledged not to withdraw his loan balance and confirmed commitment to continued financial support.
-
Going-concern uncertainty disclosed
-
Negative shareholders' funds
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-08-24
| Metric | Trend | 2021-08-29 | 2022-08-28 | 2023-08-27 | 2024-08-24 | 2025-08-24 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £3,276,296 | £3,918,165 | £3,762,411 | £3,870,800 | £3,907,865 | +1% | |
| Operating profit | £98,650 | -£680,253 | -£665,675 | -£716,659 | -£674,643 | +5.9% | |
| Profit before tax | £160,002 | -£930,086 | -£1,227,336 | -£1,393,212 | -£1,279,440 | +8.2% | |
| Net profit | £160,002 | -£930,086 | -£1,227,336 | -£1,393,212 | -£1,279,440 | +8.2% | |
| Cash | £117,310 | £78,187 | £164,786 | £125,636 | £17,251 | -86.3% | |
| Total assets less current liabilities | -£2,779,632 | -£597,636 | -£1,755,656 | -£6,330,266 | -£7,609,706 | -20.2% | |
| Net assets | -£2,779,632 | -£3,709,718 | -£4,937,054 | -£6,330,266 | -£7,609,706 | -20.2% | |
| Equity | -£2,779,632 | -£3,709,718 | -£4,937,054 | -£6,330,266 | -£7,609,706 | -20.2% | |
| Average employees | 109 | 109 | 121 | 115 | 110 | -4.3% | |
| Wages | £1,802,297 | £2,234,310 | £2,253,774 | £2,166,020 | £2,060,284 | -4.9% | |
| Directors' remuneration | — | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-08-29 | 2022-08-28 | 2023-08-27 | 2024-08-24 | 2025-08-24 |
|---|---|---|---|---|---|---|
| Operating margin | 3.0% | -17.4% | -17.7% | -18.5% | -17.3% | |
| Net margin | 4.9% | -23.7% | -32.6% | -36.0% | -32.7% | |
| Gearing (liabilities / total assets) | — | — | — | 132.5% | 138.9% | |
| Current ratio | — | — | 0.56x | 0.47x | 0.59x | |
| Interest cover | 0.46x | -2.72x | -1.19x | -1.06x | -1.12x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Lithgow Perkins LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The balance sheet shows that liabilities exceed assets by £7,609,706 (2024: £6,330,266) and the company is dependent on its loans and the director's funds for the continuation of normal trading operations. Forecasts show the company reliant on the continuing support of the director, who has pledged not to withdraw his loan balance and confirmed commitment to continued financial support.”
Significant events
- “The company has sold two properties after the date of the balance sheet, which represent sales of significant business assets. This has resulted in a significant cash inflow and a similar reduction in tangible fixed assets. The business has conducted a review of unprofitable sites in line with its ongoing strategic aims and the sale of these sites should improve cash flow and profitability going forward.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BLUNDELL, Christopher James | Director | 2009-04-27 | Dec 1955 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TURNER LITTLE COMPANY SECRETARIES LIMITED | Corporate Secretary | 2009-04-27 | 2009-04-27 |
| IBBOTSON, Michael David | Director | 2009-04-27 | 2017-07-01 |
| TURNER LITTLE COMPANY NOMINEES LIMITED | Corporate Director | 2009-04-27 | 2009-04-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Provenance Hospitality Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 64 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-29 | AA | accounts | Accounts with accounts type full | |
| 2026-05-05 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-15 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-05-29 | AA | accounts | Accounts with accounts type full | |
| 2025-04-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-06 | AA | accounts | Accounts with accounts type medium | |
| 2024-04-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-03 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-05-26 | AA | accounts | Accounts with accounts type full | |
| 2023-04-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-08 | AA | accounts | Accounts with accounts type full | |
| 2022-04-26 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.