PROVENANCE INNS LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to note 1.2 of the financial statement, which outlines the current challenges facing the company. It also indicates that the company's liabilities significantly exceed its assets and the company is dependent on the ongoing support of its director, who has indicated his continuing support. These events or conditions indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.

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

  +2.9%

  £3,762,411 → £3,870,800

• Cash

  -23.8%

  £164,786 → £125,636

• Net assets

  -28.2%

  -£4,937,054 → -£6,330,266

  lowest in 4 filed years

• Employees

  -5%

  121 → 115

• Operating profit

  -7.7%

  -£665,675 → -£716,659

  lowest in 4 filed years

• Profit before tax

  -13.5%

  -£1,227,336 → -£1,393,212

  lowest in 4 filed years

• Wages

  -3.9%

  £2,253,774 → £2,166,020

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Lithgow Perkins LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 1.2 of the financial statement, which outlines the current challenges facing the company. It also indicates that the company's liabilities significantly exceed its assets and the company is dependent on the ongoing support of its director, who has indicated his continuing support. These events or conditions indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.”

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

Filings

4

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.