ZEST CAPITAL MANAGEMENT LIMITED

• ⚠

  Material uncertainty over going concern

  As described in the note 24 to the financial statements, the group is in the process of refinancing its existing debt facilities which expired on 27 September 2025. Discussions with the existing lender and alternative funding providers are ongoing but no formal financing agreement has been concluded. The group's ongoing cashflow and its ability to meet liabilities as they fall due is dependent on this financing. The lack of a formal financing agreement represents a material uncertainty that may cast significant doubt on the group's ability to continue as a going concern.

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

  +15.1%

  £2,081,283 → £2,395,619

• Cash

  -5.2%

  £434,477 → £411,746

• Net assets

  -18.4%

  £5,371,123 → £4,384,525

• Employees

  +26.7%

  60 → 76

  highest in 5 filed years

• Operating profit

  -54.3%

  -£247,624 → -£382,109

• Profit before tax

  -54.8%

  -£636,618 → -£985,197

• Wages

  +30.9%

  £887,992 → £1,162,678

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.

1. ZEST CAPITAL MANAGEMENT LIMITED 2018-01-03 → present
2. FORTH STREET ESTATES LIMITED 2017-07-28 → 2018-01-03

Accounting basis

FRS 102

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Whitelaw Wells

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As described in the note 24 to the financial statements, the group is in the process of refinancing its existing debt facilities which expired on 27 September 2025. Discussions with the existing lender and alternative funding providers are ongoing but no formal financing agreement has been concluded. The group's ongoing cashflow and its ability to meet liabilities as they fall due is dependent on this financing. The lack of a formal financing agreement represents a material uncertainty that may cast significant doubt on the group's ability to continue as a going concern.”

Group structure

1. ZEST CAPITAL MANAGEMENT LIMITED · parent
   1. Whitekirk Hill Limited 100% · Scotland · Leisure and holiday resort

Significant events

• “company continues to invest in its leisure and holiday resort, aiming to enhance customer experiences and drive future growth.”
• “refinancing its existing debt facilities which expired on 27 September 2025. Discussions with the existing lender and alternative funding providers are ongoing but no formal financing agreement has been concluded.”

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.