HH WATERLOO OPCO LIMITED

• ⚠

  Annual accounts overdue

  Due 2025-10-30.

• ⚠

  Material uncertainty over going concern

  We draw attention to Note 1.2 in the financial statements, which indicates subsequent to the year end the company is seeking to restructure its finance further releasing funds for the group. The funding for the group is not legally contracted for the next 12 months and is subject to either refinance, new finance, or extension of existing funding relationship. As stated in Note 1.2, these events or conditions, along with other matters as set forth in Note 1.2, indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Our audit opinion is not modified, and our audit opinion is not qualified, in respect of this matter.

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

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

  +42%

  £12,434,000 → £17,660,000

• Cash

  +23.6%

  £4,034,000 → £4,987,000

  highest in 4 filed years

• Net assets

  -9.2%

  £1,901,000 → £1,726,000

• Employees

  +10%

  60 → 66

• Operating profit

  +54.1%

  -£442,000 → -£203,000

• Profit before tax

  +60.4%

  -£442,000 → -£175,000

  highest in 3 filed years

• Wages

  +19.6%

  £1,351,000 → £1,616,000

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. HH WATERLOO OPCO LIMITED 2021-10-08 → present
2. SHIVA HOTELS WATERLOO LTD 2011-02-22 → 2021-10-08

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Affinia (Stratford)

Audit opinion

Qualified

Going concern

Material uncertainty disclosed

“We draw attention to Note 1.2 in the financial statements, which indicates subsequent to the year end the company is seeking to restructure its finance further releasing funds for the group. The funding for the group is not legally contracted for the next 12 months and is subject to either refinance, new finance, or extension of existing funding relationship. As stated in Note 1.2, these events or conditions, along with other matters as set forth in Note 1.2, indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Our audit opinion is not modified, and our audit opinion is not qualified, in respect of this matter.”

Significant events

• “On 9 April 2025, an amendment in relation to the rent charge pertaining to Hampton by Hilton Waterloo, 157 Waterloo Road, London, SE1 8UT between HH Waterloo Propco Limited and HH Waterloo Opco Limited was made. The term of this lease extended to and including 30 September 2029 and is considered to be a non adjusting post balance sheet event.”
• “On 16 October 2024, a legal charge with Trimont Europe Limited was made containing fixed charge(s) and a negative pledge.”
• “On 11 June 2024, a legal charge with Deutsche Bank AG containing fixed and floating charges over certain assets and contracts held by the company was satisfied.”

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

Filings

13

last 12 months

Capital events

0

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.