THE CELTIC MANOR RESORT LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-18 (in 10mo)
Last made up 2026-03-04
Watchouts
None on the register
Cash
£11M
+16.1% highest in 6 filed years
Net assets
£70M
-10.2% lowest in 6 filed years
Employees
1,577
+9.3% highest in 6 filed years
Profit before tax
-£11M
-595.8% vs 2023
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £68,238,000 | £74,845,000 | |
| Operating profit | — | — | — | — | £4,460,000 | £3,438,000 | |
| Profit before tax | — | — | — | — | -£1,627,000 | -£11,321,000 | |
| Net profit | £1,469,000 | -£8,681,000 | — | £5,384,000 | -£1,928,000 | -£11,601,000 | |
| Cash | £5,602,000 | £5,676,000 | £9,873,000 | £6,564,000 | £9,312,000 | £10,807,000 | |
| Total assets less current liabilities | £132,716,000 | — | — | — | £135,697,000 | £132,626,000 | |
| Net assets | £82,239,000 | £74,558,000 | £78,410,000 | £86,294,000 | £77,779,000 | £69,878,000 | |
| Equity | £82,239,000 | — | — | £86,294,000 | £77,779,000 | £69,878,000 | |
| Average employees | 1,031 | 885 | 664 | 799 | 1,443 | 1,577 | |
| Wages | £23,119,000 | £18,089,000 | £18,057,000 | £23,359,000 | £30,444,000 | £35,005,000 | |
| 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. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+9.7%
£68,238,000 £74,845,000
-
Cash
+16.1%
£9,312,000 £10,807,000
highest in 6 filed years
-
Net assets
-10.2%
£77,779,000 £69,878,000
lowest in 6 filed years
-
Employees
+9.3%
1,443 1,577
highest in 6 filed years
-
Operating profit
-22.9%
£4,460,000 £3,438,000
-
Profit before tax
-595.8%
-£1,627,000 -£11,321,000
-
Wages
+15%
£30,444,000 £35,005,000
highest in 6 filed years
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 6.5% | 4.6% | |
| Net margin | — | — | — | — | -2.8% | -15.5% | |
| Return on capital employed | — | — | — | — | 3.3% | 2.6% | |
| Current ratio | — | — | — | — | 1.23x | 1.27x | |
| Interest cover | — | — | — | — | 1.52x | 0.93x |
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.
Name history
Renamed 2 times since incorporation
- THE CELTIC MANOR RESORT LIMITED 2013-05-23 → present
- THE CELTIC MANOR RESORT (UK) LIMITED 2013-05-21 → 2013-05-23
- THE CELTIC MANOR RESORT 2013 LTD 2013-03-04 → 2013-05-21
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- UHY Hacker Young
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. The directors have adopted the going concern basis notwithstanding the current year loss after tax of £11.9m (2023: £1.9m). Included within this is the fair value gain on derivatives totalling £0.3m (2023: loss of £1.4m) and share of losses of joint ventures of £11.8m (2023: £2.1m). The share of losses in joint ventures relates to the group's investment in International Conference Centre Wales Limited ("ICCW") and includes an exceptional impairment provision of £10m. The joint venture partners have made further equity investments into ICCW post year end, see note 28, and ICCW has used the equity investments to significantly reduce its bank debt. ICCW has prepared detailed forecasts through to 31 December 2027 which, if achieved, show that the company will be able to meet its financial obligations as they fall due and generate future profits. Furthermore, the group has a very supportive parent undertaking that is committed to the long term success of the group, and is willing and capable of providing additional funding to the group if required. Therefore the board has concluded that it is appropriate to continue to adopt the going concern basis.”
Group structure
- THE CELTIC MANOR RESORT LIMITED · parent
- Celtic Manor Service Company Limited 100%
- Broadhall (Coldra Woods) Limited 100%
Significant events
- “The group made further equity investments of £2.7m in the form of cash during 2024 into International Convention Centre Wales Limited, a joint venture company (2023: £nil).”
- “On 16 June 2025 the company issued 10 ordinary £1 shares for total consideration of £5,000,000 resulting in a £4,999,990 increase in share premium.”
- “On 26 June 2025 the group made a further £10,000,000 equity investment in the form of cash into a jointly controlled entity, International Convention Centre Wales Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COLCOMB, Mark | Secretary | 2013-03-04 | — | — |
| CHIARELLI, Paul | Director | 2013-03-04 | Nov 1965 | Canadian |
| MATTHEWS, Dylan Christopher | Director | 2013-03-04 | Jan 1970 | British |
| MATTHEWS, Terence Hedley, Sir | Director | 2013-03-04 | Jun 1943 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GIBSON, Simon John, Dr | Director | 2013-03-04 | 2025-11-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sir Terence Hedley Matthews | Individual | Shares 75–100% | 2019-01-01 | Active |
| Wesley Clover International Corporation | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2019-01-01 |
Filing timeline
Last 20 of 78 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-01 | SH01 | capital | Capital allotment shares | |
| 2026-03-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-08 | AA | accounts | Accounts with accounts type group | |
| 2025-07-02 | SH01 | capital | Capital allotment shares | |
| 2025-03-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-10 | AA | accounts | Accounts with accounts type group | |
| 2024-04-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-04-10 | SH01 | capital | Capital allotment shares | |
| 2024-03-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-29 | SH01 | capital | Capital allotment shares | |
| 2023-10-06 | MR04 | mortgage | Mortgage satisfy charge part | |
| 2023-10-06 | MR04 | mortgage | Mortgage satisfy charge part | |
| 2023-10-06 | MR04 | mortgage | Mortgage satisfy charge part | |
| 2023-10-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-08-18 | AA | accounts | Accounts with accounts type group | |
| 2023-03-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-03-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-07 | AA | accounts | Accounts with accounts type group | |
| 2022-03-29 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 1
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.