MARCLIFFE HOTEL LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +3.6%

  £4,991,186 → £5,170,605

  highest in 6 filed years

• Cash

  +8,244.6%

  £2,625 → £219,045

• Net assets

  -58.1%

  £3,265,045 → £1,369,198

  lowest in 6 filed years

• Employees

  +2.6%

  194 → 199

• Operating profit

  -331.5%

  -£419,351 → -£1,809,519

  lowest in 6 filed years

• Profit before tax

  -182.9%

  -£674,877 → -£1,908,927

  lowest in 6 filed years

• Wages

  +38.4%

  £2,189,351 → £3,030,550

  highest in 6 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

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors, having made due and careful enquiry whilst preparing forecasts, are of the opinion that the company has adequate working capital to execute its operations for twelve months from the date of signing these financial statements. ... Consequently, directors are confident that they will have sufficient funds to continue to meet its liabilities as they fall due for at least twelve months from date approval financial statements therefore have prepared financial statements on going concern basis.”

Significant events

• “During the period, the company was acquired by Balmoral Group Holdings Limited and its reporting period was extended to cover 13 months.”
• “The hotel has continued with an ongoing refurbishment programme.”
• “Key developments include the construction of a new dining area in the hotel's courtyard, the refurbishment of several guest rooms, and a full renovation of the hotel kitchen.”
• “The hotel being awarded the AA five-star rating, making it Aberdeen's only five-star hotel.”
• “The company's parent is also in the process of acquiring the neighbouring Woodbank Hotel. This strategic acquisition will nearly triple the size of the Marcliffe estate and create new opportunities for growth development and enhanced guest experiences.”

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.