THE BAY HOTEL (NEWQUAY) LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +1.2%

  £5,281,466 → £5,346,445

• Cash

  -75.5%

  £358,433 → £87,843

  lowest in 3 filed years

• Net assets

  +16.1%

  £4,317,537 → £5,013,592

  highest in 3 filed years

• Employees

  +1.4%

  69 → 70

• Operating profit

  +19.1%

  £798,312 → £951,047

• Profit before tax

  +19.1%

  £798,312 → £950,608

• Wages

  +3.3%

  £1,478,980 → £1,528,362

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, 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.”

Significant events

• “Revenue increased in the year to £5.35m (2024 - £5.28m) which has been driven by performance at the spa. The gross profit margin also saw a modest increase in the year to 47.1% (2024-47.0%) in part due to the change in sales mix, coupled with good control over wage costs in a challenging environment. Establishment and administrative costs have also been well controlled by management, supporting an increase in operating profit to £951k (2024 - £798k).”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.