BUDOCK VEAN HOTEL LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-04-03 (in 11mo)
Last made up 2026-03-20
Watchouts
None on the register
Cash
£129K
+255.6% vs 2023
Net assets
-£2M
-84.6% lowest in 3 filed years
Employees
89
-3.3% vs 2023
Profit before tax
-£1M
+30.7% vs 2023
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · latest reflected 2025-03-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Turnover | — | £3,084,656 | — | £3,265,923 | £3,421,867 | |
| Operating profit | — | £761,179 | — | -£365,457 | -£1,069,533 | |
| Profit before tax | — | £641,660 | — | -£1,868,227 | -£1,295,184 | |
| Net profit | — | £345,657 | — | -£1,458,734 | -£902,698 | |
| Cash | — | £1,013,360 | — | £36,395 | £129,425 | |
| Total assets less current liabilities | — | £5,423,822 | — | -£726,881 | -£2,066,130 | |
| Net assets | — | £1,059,120 | — | -£1,066,622 | -£1,969,320 | |
| Equity | £713,463 | £1,059,120 | £587,313 | -£1,066,622 | -£1,969,320 | |
| Average employees | — | 79 | — | 92 | 89 | |
| Wages | — | £1,136,047 | — | £1,528,439 | £1,844,292 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | 24.7% | — | -11.2% | -31.3% | |
| Net margin | — | 11.2% | — | -44.7% | -26.4% | |
| Return on capital employed | — | 14.0% | — | 50.3% | 51.8% | |
| Gearing (liabilities / total assets) | — | — | — | 118.5% | 132.7% | |
| Current ratio | — | — | — | 0.02x | 0.05x | |
| Interest cover | — | 6.37x | — | -1.23x | -3.63x |
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.
Audit & accounting basis
- 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.”
Group structure
- BUDOCK VEAN HOTEL LIMITED · parent
- Budock Vean Developments Limited 100%
- Budock Vean Holidays Limited 100%
Significant events
- “In December 2024, the Budock Group was acquired by the Nettleton Group. In conjunction with this reorganisation, the debt previously due to HSBC by Budock Vean Hotel Limited was repaid in full and all charges satisfied. Budock Vean Hotel Limited is now subject to a cross guarantee and debenture with fellow subsidiaries of Nettleton Holdings Limited in respect of group borrowings.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOLMES, Leah Jayne | Secretary | 2024-12-03 | — | — |
| NETTLETON, James Martin | Director | 2024-12-03 | Apr 1973 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARLOW, Barbara Mary | Secretary | — | 2017-01-24 |
| BARLOW, Martin Edward | Secretary | 2017-01-24 | 2024-12-03 |
| BARLOW, Amanda Jane Vivian | Director | 2000-08-01 | 2012-10-17 |
| BARLOW, Barbara Mary | Director | — | 2017-01-24 |
| BARLOW, Christopher John | Director | 1996-03-01 | 2008-03-14 |
| BARLOW, Edward Haggas | Director | — | 2023-05-14 |
| BARLOW, Martin Edward | Director | 1996-03-01 | 2024-12-03 |
| START, Ivor Anthony | Director | — | 1995-08-21 |
| START, Joan | Director | — | 1995-08-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Budock Vean Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 139 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-06-19 MA Memorandum articles
- 2024-05-01 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-03-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-24 | AA | accounts | Accounts with accounts type full | |
| 2025-07-16 | AA01 | accounts | Change account reference date company previous extended | |
| 2025-04-14 | AA | accounts | Accounts with accounts type full | |
| 2025-03-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-12-05 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-12-05 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-12-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-06-19 | MA | incorporation | Memorandum articles | |
| 2024-05-01 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2025 · period ending 2025-03-31 vs 2023-12-31
-
Turnover
+4.8%
£3,265,923 £3,421,867
highest in 3 filed years
-
Cash
+255.6%
£36,395 £129,425
-
Net assets
-84.6%
-£1,066,622 -£1,969,320
lowest in 3 filed years
-
Employees
-3.3%
92 89
-
Operating profit
-192.7%
-£365,457 -£1,069,533
lowest in 3 filed years
-
Profit before tax
+30.7%
-£1,868,227 -£1,295,184
-
Wages
+20.7%
£1,528,439 £1,844,292
highest in 3 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers