Dreamtel Hotel Limited

Dreamtel Hotel Limited, based in London, UK, is a small, active company founded eight years ago in 2016. Employing sixteen people and holding assets of £1,213,782, it operates hotels and similar accommodation industries. The company is led by two directors and owned by Choon Law Kong, with a solo founder at its core. It has a real address and a respectable Google rating of 3.0 based on 438 reviews. Dreamtel Hotels Resorts operates hotels in London, Jakarta, and Malaysia, with a resort scheduled to open in 2020. The website showcases a portfolio of hotels and emphasizes a commitment to delivering memorable experiences for business and leisure travelers.

The company’s website reveals a growing presence across Asia and Europe, with a focus on providing quality accommodation and personalized service. It’s an emerging brand in the global lodging industry, with three properties in capital cities. The Dreamtel Group’s tagline, “Dream. Believe. Experience,” encapsulates its intention to inspire and impress guests.

Financially, Dreamtel Hotel Limited shows a mixed picture. Cash reserves have increased significantly, up 51% to £840,000, and current assets are up 31% to £1,200,000. However, retained earnings and accumulated losses have seen a substantial increase, jumping 380% to £100,000. Bank borrowings decreased by 25%, down to £33,000, and creditors have also risen, increasing 33% to £890,000 within one year. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There's no mention of an auditor, likely due to its small size.

Overall, Dreamtel Hotel Limited appears to be growing, but the increase in equity and creditors suggests it's reinvesting heavily in its operations, potentially burning through cash to fuel expansion. It's a risky strategy, but one that could pay off if the company continues to attract guests and expand its brand presence.

Registered in England/Wales under the registration number 10430560, with a registered address at SW5 0PU, England, London, 32-36 Hogarth Road.

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