SOUTH LAKES HOTELS LIMITED Financials
- Company number
- 05060576Copy
Copy - Registered office
- 6 Station Road, Hest Bank, Lancaster, Lancashire LA2 6HP
- Incorporated
- 02/03/2004
Company snapshot
- Status
- Active
- Employees
- 42 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-24.14%vs 20232023: £433.82K
Total Assets
2.06%vs 20232023: £6.92M
Cash in Bank
-76.57%vs 20222022: £146.87K
Total Liabilities
5.85%vs 20232023: £3.89M
Employees
+3vs 20232023: 39
In 2024, SOUTH LAKES HOTELS LIMITED reported net assets of £329.11K. The same filing shows total assets of £7.06M, cash in bank of £34.42K and total liabilities of £4.11M. Reported headcount was 42 in 2024. Total Liabilities rose from £3.89M in 2023 to £4.11M in 2024 (5.85%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-24.14%from £433.82K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures SOUTH LAKES HOTELS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-39.1%vs 2022-22% a year compound (CAGR)
Total Assets
+9.1%vs 2022+4.5% a year compound (CAGR)
Total Liabilities
+18.9%vs 2022+9.1% a year compound (CAGR)
Employees
+40%vs 2022+12Biggest increase
Employees+40%
30 in 2022 to 42 in 2024
Biggest decrease
Net Assets-39.1%
£540.27K in 2022 to £329.11K in 2024
SOUTH LAKES HOTELS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SOUTH LAKES HOTELS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 4.66%2024
- Liabilities to total assets
- 58.26%2024
- Cash to liabilities
- 0.89%2023
- Cash to total assets
- 0.50%2023
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SOUTH LAKES HOTELS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 661.72K | 540.27K | 433.82K | 329.11K |
| Total Assets£ | 5.04M | 6.47M | 6.92M | 7.06M |
| Cash in Bank£ | 354.84K | 146.87K | 34.42K | – |
| Total Liabilities£ | 2.27M | 3.46M | 3.89M | 4.11M |
| Employees | 35 | 30 | 39 | 42 |
SOUTH LAKES HOTELS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has SOUTH LAKES HOTELS LIMITED filed financial statements?
Yes. Okredo holds filed figures for SOUTH LAKES HOTELS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did SOUTH LAKES HOTELS LIMITED report in 2024?
SOUTH LAKES HOTELS LIMITED reported net assets of £329.11K for 2024. That compares with £433.82K in 2023, a change of -24.14%.
What total assets did SOUTH LAKES HOTELS LIMITED report in 2024?
SOUTH LAKES HOTELS LIMITED reported total assets of £7.06M for 2024. That compares with £6.92M in 2023, a change of 2.06%.
What cash in bank did SOUTH LAKES HOTELS LIMITED report in 2023?
SOUTH LAKES HOTELS LIMITED reported cash in bank of £34.42K for 2023. That compares with £146.87K in 2022, a change of -76.57%.
How many people does SOUTH LAKES HOTELS LIMITED employ?
SOUTH LAKES HOTELS LIMITED reported 42 employees in 2024, compared with 39 in 2023.
How have SOUTH LAKES HOTELS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, SOUTH LAKES HOTELS LIMITED's net assets fell by 39.1%, total assets rose by 9.1%, total liabilities rose by 18.9% and employee numbers rose by 40%. Net assets contracted at 22% a year across the two years to 2024, from £540.27K to £329.11K. Reported headcount went from 30 in 2022 to 42 in 2024 (+12).
Which years of SOUTH LAKES HOTELS LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.