SHIVA KINGSWAY LIMITED

• ⚠

  Annual accounts overdue

  Due 2026-03-31.

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

  +9.3%

  £12,472,746 → £13,635,621

  highest in 3 filed years

• Cash

  -46.5%

  £2,042,722 → £1,092,124

  lowest in 3 filed years

• Net assets

  -33.1%

  -£54,035,976 → -£71,930,223

  lowest in 3 filed years

• Employees

  -4%

  100 → 96

• Operating profit

  +71.9%

  -£2,839,773 → -£796,635

  highest in 3 filed years

• Profit before tax

  -48.3%

  -£12,067,317 → -£17,894,247

  lowest in 3 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

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. SHIVA KINGSWAY LIMITED 2014-09-24 → present
2. KINGSWAY NEW CO LIMITED 2014-09-10 → 2014-09-24

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

STGCA LLP t/a Sterling

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors of the Company have assessed the Company's status as a going concern for the forthcoming 12 months and beyond. In their assessment of going concern, the directors have considered the financial resources required and net current liability position of the Company amounting to £94,623,099 (2023: 68,283,286). The Company obtained confirmation from Kingsway Asset Co Limited and Kingsway Hall Hotel Limited that the amounts owed amounting to £93,349,605 and £387,886, respectively, will not be demanded from the Company for at least 12 months from the date of signing the Company's financial statements. Moreover, the Company has alternative means to fund its current liabilities through additional funding from HIG amounting to £6m and secured funding from Standard Chartered Bank amounting to £60,523,780, ("new senior loan") of which £13m will be utilised to support the hotel operations and closing costs. Further details regarding the new senior loan can be found in the Post Balance Sheet Events. For this reason, they adopted the going concern basis when preparing Company's financial statements.”

Significant events

• “On 2 April 2024, 27 September 2024 and 7 February 2025, HIG extended additional loans amounted to £2m, £3m and £924,683, respectively.”
• “Richard James Strachan has resigned from the board on 12 May 2025 and Lawrence Neil Penfold was appointed to the board on 1 September 2025.”
• “On 22 August 2025, the existing senior loan with Bank Leumi (UK) Plc was refinanced and fully settled by entering into a loan agreement with Standard Charted Bank (the "New senior loan"). The new senior loan amounts to £60,523,780, has 2.3% + SONIA interest and will mature on 15 August 2027.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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