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Seaspace Porth Limited

04658829

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

WATERGATE BAY HOTEL, NEWQUAY, TR8 4AA
Incorporated 06/02/2003

Compliance

Last accounts

28/02/2025

small

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 06/02/2026

Due 20/02/2027

On track

Industry

55100
Hotels and similar accommodation

Officers

Mr William James Mcinnes Ashworth

director · Since 16/12/2022

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Mrs Judith Anne Blakeburn

director · Since 16/12/2022

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 6 other boards

Mr Benjamin Frank Harper

director · Since 16/12/2022

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Mr Christopher John Naisby

director · Since 16/12/2022

DIRECTOR

BRITISH · ENGLAND · Age 54

Miss Claire Victoria Fishleigh

secretary · Since 05/11/2025

Persons with Significant Control

Watergate Bay Hotel Limited

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

Watergate Bay Hotel Limited, Watergate Bay, Newquay, TR8 4AA

Reg: 03709185 · Companies House Of England And Wales · Private Limited Company

Notified 16/12/2022

Former PSCs

Mr David Nicholas Malcolm

Ceased 16/12/2022

Mrs Susan Hodges

Ceased 16/12/2022

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC AS SECURITY AGENT

Created 30/03/2026Registered 30/03/2026
Charge
outstanding

BARCLAYS BANK PLC AS SECURITY AGENT

Created 16/12/2022Registered 22/12/2022
Charge
outstanding

DAVID NICHOLAS MALCOLM · SUSAN HODGES

Created 16/12/2022Registered 20/12/2022

CompanyRankvs 86+ SIC 55100 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.04× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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86Seaspace Porth Limited
88
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.

Employees14/15 pts

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

Liquidity20/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2021

Net Worth

£4.2M

Balance sheet strength

Cash

£1.6M

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.7M

Current Liabilities

£428k

Fixed Assets

£3.1M

Debtors

£91k

Profit After Tax

£34k

71avg. employees-6

Tax at Year End

Dividends paid£40k

Balance Sheet

Assets less current liabilities£4.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20214.04+£369k
20204.91+£172k
20182.56—

Derived from filed accounts. Not audited figures.