Dominus Dixon Hotel Limited

Dominus Dixon Hotel Ltd from Reading UK is a large, holding company with an active status. Founded four years ago in December 02, 2020, it employs 67 people and holds £7,789,479 in assets, generating £15,144,680 in yearly revenue. While it has a registered address, it’s likely a virtual one, as forty-two companies share the same location. The company is managed by three directors and has one owner, and boasts a stellar Google rating of 5.0 based on 828 reviews. It’s an irregular importer, specializing in optical and medical tools and devices, with just one month of imports recorded.

The company operates in the development of building projects. It’s a large company, meeting two of three criteria: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The website, dominusdixonhotel.co.uk, showcases a hotel, but it's unclear if this is the primary focus or a subsidiary venture. The site highlights luxurious accommodations and event spaces, suggesting a high-end hospitality offering.

Financially, Dominus Dixon Hotel Ltd presents a mixed picture. While revenue increased by 29% to £15 million, net assets declined by 82% to just £570,000. Bank borrowings surged by 940%, reaching £29,000, and cash reserves fell 55% to £350,000. However, creditors decreased by 29%, indicating improved debt management. Average employee numbers increased by 33%, suggesting expansion, but also potentially higher operating costs. The unaudited financial statements, prepared using Caseware UK (AP4) 2023.0.135, are reviewed by Nyman Libson Paul LLP.

The company's reliance on a virtual address and the significant decline in equity raise questions about its long-term stability. Despite these concerns, the strong Google rating and increased revenue suggest a thriving business—at least on the surface. The surge in borrowing, however, warrants closer scrutiny.

Registered in England/Wales under the registration number 13057898, with a registered address at RG1 4PN, England, Reading, 1 London Street.

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