Aberystwyth Park Lodge Ltd

Aberystwyth Park Lodge Ltd, based in Aberystwyth, UK, is a small, active company founded 27 years ago in 1997. With 45 employees and £73,820 in assets, it operates as a hotel and restaurant, boasting a 4.0 Google rating from 865 reviews. The business has two directors and one owner, with Alison Morgans and John Daniel Vincent Morgans listed as directors. The registered address is real, with only two companies registered at the same location. The company is an irregular importer, bringing in furniture, lighting, and prefabricated buildings, with its last import operation occurring two months ago in November 2019.

The Park Lodge Hotel, as highlighted on its website, offers a warm welcome to business travellers, university visitors, and holidaymakers alike. The site promotes its rooms, restaurant (Park Kitchen), and events space, and even offers Tesla charging. The website’s blog features local attractions and offers a gallery showcasing the hotel’s facilities. It's clear the business is focused on providing a welcoming experience and catering to a variety of needs, from business meetings to family vacations.

However, a closer look at the company’s financials paints a more complex picture. Current assets have plummeted by a staggering 85%, dropping to just £74,000, while net assets have also seen a significant decline. Bank borrowings have surged, with an overdraft ballooning by 2800%, and cash reserves have evaporated nearly completely. Creditors have also increased substantially, suggesting potential cash flow issues. Despite these challenges, the company’s small size—meeting two of three criteria for a small company—allows for flexibility. The accounts are unaudited, and there is no mention of an auditor. Loans from directors increased significantly, indicating reliance on personal investment.

While the hotel’s website projects a welcoming and well-managed operation, the financial data suggests the company is facing considerable pressure. It's likely that the business is navigating a period of adjustment, and whether it can sustain its current trajectory remains to be seen.

Registered in England/Wales under the registration number 03399021, with a registered address at SY23 3TL, Wales, Aberystwyth, Ceredigion, Aberystwyth Park Lodge Hotel Parc Y Llyn Retail Park, Llanbadarn Fawr.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.