Spanthe Headland Hotel Torquay Limitedspan

Key Facts

Net Assets

Current: £2,282,408

Previous: £2,632,592

Change: -350,184 (-13.3%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £1,135,494

Previous: £1,139,219

Change: -£3,725 (-0.3%)

Comment: Current assets decreased slightly.

Cash

Current: £55,469

Previous: £92,216

Change: -£36,747 (-39.8%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £4,971,738

Previous: £4,961,269

Change: +£10,469 (+0.2%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £3,836,244

Previous: £3,822,050

Change: +£14,194 (+0.4%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £6,750,000

Previous: £7,300,000

Change: -£550,000 (-7.5%)

Comment: Fixed assets decreased slightly.

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: 49

Previous: 54

Change: -5 (-9.3%)

Comment: A slight contraction.