SELECT MERE RESORT 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

  -60.8%

  £8,664,683 → £3,395,085

• Cash

  -23.9%

  £295,154 → £224,535

• Net assets

  -128.8%

  -£2,727,467 → -£6,239,315

• Employees

  -60%

  185 → 74

• Operating profit

  -216%

  -£182,546 → -£576,755

• Profit before tax

  -37.8%

  -£2,548,619 → -£3,511,848

• Wages

  -57.5%

  £4,313,272 → £1,835,040

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

IFRS

Reporting scope

Consolidated group

Auditor

McMillan & Co LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors are of the opinion that the Group will have sufficient funds to meet its liabilities as they fall due. Funds will be provided through funding from the ultimate parent company, Select Group Limited, if required. The directors have considered the ability of Select Group Limited to provide financial support based on information provided by Select Group Limited. The ability of Select Group Limited to continue to provide this support is dependent on the group achieving its own cash flow forecast and the continued availability of shareholder loans to the Group. Based on these indications, the directors believe that it remains appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. SELECT MERE RESORT LIMITED · parent
   1. Mere Golf & Country Club Limited 100% · England and Wales · Hotel operator

Significant events

• “On 7 July 2022, the company acquired Mere Golf & Country Club Limited. Mere Golf & Country Club Limited operates a hotel, golf course and spa facilities. On 15 December 2022, the property, plant and equipment of the operating hotel were transferred to Select Mere Resort Limited at net book value.”
• “The Hotel was temporarily closed in October 2023 to facilitate the extension of the hotel, and the renovation of the existing rooms. The golf course and spa remain open. The hotel is expected to be completed in 2025.”

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.