BOVEY CASTLE PROPERTY 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

  +10.2%

  £8,047,028 → £8,871,422

• Cash

  -21.1%

  £74,723 → £58,933

• Net assets

  -63.5%

  £525,136 → £191,793

  lowest in 3 filed years

• Employees

  +1.3%

  159 → 161

  highest in 3 filed years

• Operating profit

  +64.8%

  -£864,861 → -£304,272

• Profit before tax

  +100.3%

  -£1,169,910 → £3,644

  highest in 3 filed years

• Wages

  +9.7%

  £3,577,720 → £3,923,082

  highest in 3 filed years

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

Ormerod Rutter Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' 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 financial statements are authorised for issue.”

Significant events

• “During the year refurbishment of the Golf shop area at Bovey Castle commenced and completed post year end.”
• “EHC, in the industry Springboard Awards, won the Best for Employee Engagement and Best for Employee Health and Wellbeing at the start of the year, with another nomination for Best Employer at the end of the year, winning this award immediately post year end.”
• “In their second year of assessment for Green Tourism awards Bovey Castle progressed to a Gold Award.”
• “During the year the long term loan with NatWest was settled at end of term by means of funds provided by parent group and the accounting for the hedge was unwound.”
• “During the year ended 31st March 2022 the company entered into an interest rate swap to hedge £5m of the bank loan. During the the year there was a fair value loss recognised in other comprehensive income of £20,194 (2024: £101,378). The instrument was subsequently sold at its carrying value of £380,340.”

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

Filings

2

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.