The company building Plymouth’s delayed £9m Moxy hotel has made a loss of nearly £500,000, it has emerged.
Mitnija UK Ltd, a British subsidiary of the Lithuanian construction giant Mitnija UAB, slid from a profitable position to a loss in 2021, newly filed documents show.
The company’s unaudited financial statements for 2021, newly published, reveal it fell from a £802,005 surplus in 2020 to a deficit of £499,764.
