LONGSHOT III LIMITED

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

  -31.5%

  £2,795,523 → £1,915,046

• Cash

  -23.2%

  £6,191,959 → £4,757,317

• Net assets

  +1.8%

  £19,282,796 → £19,625,512

  highest in 3 filed years

• Employees

  -37.7%

  130 → 81

• Operating profit

  -26.4%

  -£3,178,376 → -£4,016,144

• Profit before tax

  -28.6%

  -£3,207,807 → -£4,125,375

• Wages

  +5.6%

  £2,030,224 → £2,144,107

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

HaysMac LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. LONGSHOT III LIMITED · parent
   1. 360 Beech Limited 100% · England and Wales
   2. 360 Maple Limited 100% · England and Wales
   3. 360 Sycamore Limited 100% · England and Wales
   4. 360 Oak Limited 100% · England and Wales
   5. Crondall Properties Limited* 100% · England and Wales
   6. Farrington Golf and Country Club Limited* 100% · England and Wales
   7. Greenbanks Golf Limited* 100% · England and Wales

Significant events

• “During the year ending 30 March 2025 development of our concept for Golf has progressed in earnest, including the completion of Mackenzie's & Ebert's 12-hole re-designs at 2 existing sites with a capital investment of £3.7m.”
• “Oak Park remains closed, Farrington Park ceased trading in its acquired form in Sep-24, Teign Valley closed in Oct-24 and Blacknest operated as an events only Business with no Golf Course throughout FY25.”
• “In Summer 2024, we partnered with Uncommon to develop the Mad Swans brand identity, name and logo which will be common across all planned site developments.”
• “Full planning consent for Farrington Park (Mad Swans in the Mendips) was passed in Feb-25, followed post year end by Blacknest (Mad Swans in South Downs) in Jul-25, Teign Valley (Mad Swans in Dartmoor) in Aug-25 and Oak Park in Nov-25.”
• “On 30 March 2025 we employed 45 people. We are very proud this has since grown to more than 100 people and look forward to continuing to create rewarding hospitality jobs in other rural areas of Southern England.”
• “Post year end, in October 2025 we have now fully launched Mad Swans in the Mendips to overwhelmingly positive feedback.”
• “Our 2nd site Mad Swans in South Downs scheduled to open in Spring 2026.”
• “During the year a considerable of time and effort has been put into the laying the groundwork for our first opening including, the selection and implementation of new IT systems, website development, menu development, setting operating standards, recruitment, construction management and procurement.”
• “OakNorth Bank who in October 2024 provided an £8.0m development loan facility to help fund the launch of the first two LSIII sites. This facility has been further extended to £10.0m in October 2025.”
• “Between July 2025 to December 2025 a further £1.75m of equity investment has been committed from a mix of Management and other Strategic Investors.”

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

Filings

8

last 12 months

Capital events

6

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.