HOT COPPER PUB COMPANY LIMITED
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Cash
£574k
Latest balance sheet
Net assets
£147k
lowest in 3 filed years
Employees
121
lowest in 3 filed years
Profit before tax
-£1.4m
Period ending 2025-09-27
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Accounts not prepared on a going-concern basis
Within the group are two subsidiaries, Warm Hearth Ltd and Knott End Pub Company Ltd, both of which hold one site each. As part of a strategic review of the group, it was determined that neither of these two sites fit the requirements of the estate going forward. As a consequence, both of these sites have been placed on the market for sale and therefore, those entities' accounts are prepared on a basis other than going concern. Given the group structure is made up of these two entities and Hot Copper Pub Company Ltd, the group cannot be considered a going concern.
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-27
| Metric | Trend | 2023-09-30 | 2024-09-28 | 2025-09-27 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £7,487,822 | £6,032,456 | £5,401,497 | — | |
| Operating profit | -£1,188,248 | -£3,499,535 | -£1,240,806 | — | |
| Profit before tax | -£1,152,940 | -£3,475,729 | -£1,380,100 | — | |
| Net profit | -£1,152,940 | -£3,475,729 | -£1,380,100 | — | |
| Cash | £1,040,396 | £527,021 | £574,378 | — | |
| Total assets less current liabilities | £8,171,111 | £3,187,735 | £149,413 | — | |
| Net assets | £8,149,641 | £3,175,432 | £147,110 | — | |
| Equity | £8,149,641 | £3,175,432 | £147,110 | — | |
| Average employees | 165 | 137 | 121 | — | |
| Wages | £2,961,064 | £2,433,892 | £2,156,665 | — | |
| 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 —. Year-on-year comparison hidden: this filing covers about 12 months versus 12 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-09-30 | 2024-09-28 | 2025-09-27 |
|---|---|---|---|---|
| Operating margin | -15.9% | -58.0% | -23.0% | |
| Net margin | -15.4% | -57.6% | -25.6% | |
| Return on capital employed | -14.5% | -109.8% | -830.5% | |
| Gearing (liabilities / total assets) | — | 47.4% | 97.3% | |
| Current ratio | 0.79x | 0.35x | 0.18x | |
| Interest cover | — | — | -7.82x |
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
- Consolidated group
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Not a going concern (break-up basis)
“Within the group are two subsidiaries, Warm Hearth Ltd and Knott End Pub Company Ltd, both of which hold one site each. As part of a strategic review of the group, it was determined that neither of these two sites fit the requirements of the estate going forward. As a consequence, both of these sites have been placed on the market for sale and therefore, those entities' accounts are prepared on a basis other than going concern. Given the group structure is made up of these two entities and Hot Copper Pub Company Ltd, the group cannot be considered a going concern.”
Group structure
- HOT COPPER PUB COMPANY LIMITED · parent
- Warm Hearth Limited 100%
- Knott End Pub Company Limited 100%
Significant events
- “During the year, on 3rd June 2025, the company entered into a new Term Loan for £3,253,636 with Heritage Square Limited to enable it to purchase 6,192,597 A ordinary shares of £0.00001 each from Puma VCT 12 Ple and also refinance the Oasis loan.”
- “Post year end, a sale of the Nottingham site within the company has enabled a proportion of this debt to be repaid.”
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 |
|---|---|---|---|---|
| BUNN, Simon James | Director | 2015-01-22 | Nov 1965 | British |
| GUMBRELL, Kristian | Director | 2015-01-22 | May 1967 | British |
| READER, Kelvin | Director | 2020-12-24 | Sep 1981 | British |
| WEST, Alexander Rupert | Director | 2015-01-22 | Jun 1981 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KAYE, Eliot Charles | Director | 2015-01-22 | 2020-12-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Puma Vct 11 Plc - In Liquidation | Corporate entity | Shares 25–50%, Voting 25–50% | 2022-09-15 | Ceased 2024-09-27 |
| Puma Vct 12 Plc | Corporate entity | Shares 25–50%, Voting 25–50% | 2020-12-24 | Ceased 2025-06-03 |
| Puma Investment Management Limited | Corporate entity | Appoints directors | 2020-12-24 | Active |
Filing timeline
Last 20 of 90 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-16 RESOLUTIONS Resolution
- 2025-06-04 RESOLUTIONS Resolution
- 2024-11-29 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-24 | AA | accounts | Accounts with accounts type group | |
| 2026-01-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-21 | CH01 | officers | Change person director company with change date | |
| 2025-10-17 | CH01 | officers | Change person director company with change date | |
| 2025-10-17 | CH01 | officers | Change person director company with change date | |
| 2025-07-30 | SH06 | capital | Capital cancellation shares | |
| 2025-07-17 | SH03 | capital | Capital return purchase own shares | |
| 2025-07-16 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-25 | AA | accounts | Accounts with accounts type group | |
| 2025-06-18 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-06-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-04 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-06-04 | SH20 | capital | Legacy | |
| 2025-06-04 | CAP-SS | insolvency | Legacy | |
| 2025-06-04 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-11-29 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-27 | SH06 | capital | Capital cancellation shares | |
| 2024-11-27 | SH03 | capital | Capital return purchase own shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 6
- 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.