Tower Hotels Lincoln Limited

Key Facts

Net Assets

Current: £941

Previous: £569

Change: +372 (+65.4%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £51,761

Previous: £74,649

Change: -£22,888 (-30.7%)

Comment: Current assets fell significantly.

Cash

Current: £22,807

Previous: £49,284

Change: -£26,477 (-53.7%)

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

Creditors 1 Year

Current: £154,899

Previous: £2,500

Change: +£152,399 (+6096%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £103,138

Previous: £61,030

Change: +£42,108 (+69%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £102,197

Previous: £62,961

Change: +£39,236 (+62.3%)

Comment: Fixed assets increased significantly.

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: 36

Previous: 35

Change: +1 (+2.9%)

Comment: Slight growth.