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Woolacombe Bay Hotel Limited(The)

01370970

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

C/O GLOVER STANBURY, BARNSTAPLE, EX32 7DD
Incorporated 30/05/1978

Compliance

Last accounts

31/12/2024

full

Next accounts due

29/09/2026

On track

Confirmation statement

Last: 05/01/2026

Due 19/01/2027

On track

Industry

55100
Hotels and similar accommodation

Officers

Mr Rudi John Roy Lancaster

director · Since 06/07/1995

HOTELIER

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Mrs Sally Eileen Lancaster

director · Since 31/12/1998

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 2 other boards

Mrs Lisa Marie Todd

secretary · Since 29/03/2013

Persons with Significant Control

Lancaster Leisure Limited

75–100% shares

Glover Stanbury, 30 Bear Street, Barnstaple, EX32 7DD

Reg: 654281 · Companies House · Limited Company

Notified 07/01/2017

Charges1 outstanding

Charge
outstanding

SVENSKA HANDELSBANKEN AB(PUBL)

Created 09/01/2017Registered 19/01/2017
charge
satisfied

MIDLAND BANK PLC

Created 24/09/1999Registered 30/09/1999Satisfied 22/11/2021
charge
satisfied

MIDLAND BANK PLC

Created 22/08/1994Registered 26/08/1994Satisfied 22/11/2021
charge
satisfied

BASS WALES AND WEST LIMITED.

Created 15/02/1985Registered 28/02/1985Satisfied 23/08/1993
charge
satisfied

MIDLAND BANK LTD

Created 23/11/1979Registered 28/11/1979Satisfied 09/12/1995
charge
satisfied

THE NARRACOTT GRAND HOTEL LIMITED

Created 01/12/1978Registered 07/12/1978Satisfied 23/08/1993

CompanyRankvs 1306+ SIC 55100 peers
51

Financial strength95th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.35× · 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 strength24/25 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 31/12/2024

Turnover

£4.3M

Annual revenue

Net Worth

£3.2M

Balance sheet strength

Cash

£317k

Cash in the bank

Profit Before Tax

-£451k

Bottom line earnings

Net Current Assets

-£1.1M

Working capital

Current Assets

£597k

Current Liabilities

£1.7M

Fixed Assets

£4.4M

Debtors

£241k

Cost of Sales

£2.5M

Gross Profit

£1.9M

Admin Expenses

£2.3M

Operating Profit

-£452k

Profit After Tax

-£334k

74avg. employees

People Costs

Wages & salaries£1.8M
NI contributions£152k

Balance Sheet

Assets less current liabilities£3.3M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.35-£334k
20230.49-£150k
20221.07+£15k
20211.19+£844k
20200.58+£67k
20190.62+£169k
20180.82+£127k
20171.05

Derived from filed accounts. Not audited figures.