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Budock Vean Hotel Limited

00259572

active
Private Limited Company
england wales
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

LOWIN HOUSE, TRURO, TR1 2NA
Incorporated 10/10/1931

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 20/03/2026

Due 03/04/2027

On track

Industry

55100
Hotels and similar accommodation

Officers

Ms Leah Jayne Holmes

secretary · Since 03/12/2024

Mr James Martin Nettleton

director · Since 03/12/2024

HOTELIER

BRITISH · UNITED KINGDOM · Age 53

Also on 5 other boards

Persons with Significant Control

Budock Vean Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Budock Vean Hotel, Mawnan Smith, Near Falmouth, TR11 5LG

Reg: 00863550 · England And Wales · Limited

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

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Created 06/11/1969Registered 06/11/1969Satisfied 15/07/2009

CompanyRankvs 5390+ SIC 55100 peers
28

Financial strength2th percentile among SIC peers · 1/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t

Key FinancialsYear ending 31/03/2025

Turnover

£3.4M

Annual revenue

Net Worth

-£2.0M

Balance sheet strength

Cash

£129k

Cash in the bank

Profit Before Tax

-£1.3M

Bottom line earnings

Net Current Assets

-£7.7M

Working capital

Current Assets

£437k

Current Liabilities

£8.1M

Fixed Assets

£5.6M

Debtors

£258k

Cost of Sales

£1.8M

Gross Profit

£1.6M

Admin Expenses

£876k

Operating Profit

-£1.1M

Profit After Tax

-£903k

89avg. employees

People Costs

Wages & salaries£1.8M
NI contributions£174k

Balance Sheet

Bank loans & overdrafts£3.2M
Assets less current liabilities-£2.1M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.05+£0
20250.05-£2.6M
20220.28

Derived from filed accounts. Not audited figures.