Spancumberland House Hotel Birmingham Limitedspan

Key Facts

Net Assets

Current: £801,578

Previous: £516,253

Change: +285,325 (+55.3%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £12,173,036

Previous: £12,411,450

Change: -£238,414 (-1.9%)

Comment: Current assets decreased slightly.

Cash

Current: £208,695

Previous: £287,659

Change: -£78,964 (-27.5%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £13,129,875

Previous: £13,112,614

Change: +£17,261 (+0.1%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £956,839

Previous: £701,164

Change: +£255,675 (+36.5%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £155,261

Previous: £184,911

Change: -£29,650 (-16%)

Comment: Fixed assets reduced noticeably.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 48

Previous: 46

Change: +2 (+4.3%)

Comment: Slight growth.