BXTR SERVICES LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to note 2.3 in the financial statements, which indicates that the trading subsidiaries are reliant on group support from BXTR Services Limited, and future profit and cash generation from trading. As stated at note 2.3, these events or conditions, along with the other matters as set forth in note 2.3, indicate that a material uncertainty exists and may cast significant doubt on the company and grouop's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

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

  +66.1%

  £2,928,827 → £4,865,155

• Cash

  +607.2%

  £86,274 → £610,150

  highest in 4 filed years

• Net assets

  -75.3%

  £3,030,141 → £748,489

  lowest in 3 filed years

• Employees

  +32.8%

  67 → 89

  highest in 4 filed years

• Operating profit

  -78.4%

  -£831,474 → -£1,483,040

• Profit before tax

  -63%

  -£1,400,143 → -£2,281,652

• Wages

  +56.9%

  £1,165,814 → £1,829,540

  highest 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. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

AAB Audit & Accountancy Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 2.3 in the financial statements, which indicates that the trading subsidiaries are reliant on group support from BXTR Services Limited, and future profit and cash generation from trading. As stated at note 2.3, these events or conditions, along with the other matters as set forth in note 2.3, indicate that a material uncertainty exists and may cast significant doubt on the company and grouop's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Group structure

1. BXTR SERVICES LIMITED · parent
   1. BXTR Group Limited 100% · England and Wales · Holding company
   2. BXTR Holdings Limited 100% · Scotland · Holding company
   3. BXTR Ltd 100% · Scotland · Hotel and hostel operations
   4. BXTR 3 Ltd 100% · Scotland · Hotel and hostel operations
   5. BXTR MCH Ltd 100% · Scotland · Hotel and hostel operations
   6. BXTR Hostel Limited 100% · Scotland · Dormant company

Significant events

• “Group opened its Glasgow hotel in Apr-24”
• “Group refinanced and consolidated its debt finance”
• “agreed to terms for the sale of the Manchester freehold”
• “In January 2024, the group ceased trading from its nightclub and pub/bar attached to the House of Gods Hotel, Edinburgh.”

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

Filings

2

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.