Firmdale Hotels Plc

Firmdale Hotels Plc, a London-based holding company, has been operating for 43 years, employing 204 people and managing assets totaling £234.283 million. The company generated £19.581 million in revenue last year. While it maintains a virtual address with eighteen companies registered at the same location, it’s overseen by ten directors and a single owner. Google users rate it a perfect 5.0 based on one review. Firmdale Hotels regularly imports and exports furniture, lighting, and prefabricated buildings, with a history of 36 months of imports and 131 months of exports.

The company’s website showcases a luxury hotel group with properties in London and New York. It’s clear that Firmdale Hotels isn's just a hotel operator; it's a brand focused on design and experience, offering everything from bespoke furniture collections (Kit Kemp Shop) to private events and screening rooms. The website's design is very modern, and it’s easy to navigate. It’s a well-designed site that reflects the company’s focus on aesthetics.

Financially, Firmdale Hotels shows a mixed picture. While assets remain substantial at £234.283 million, cash bank on hand dropped significantly by 81% to just £4.8 million. This could indicate increased investment or higher operating expenses. Administrative expenses increased by 4.2% to £13 million, and the company's net assets decreased by 6.5% to £160 million. However, the company’s bank borrowings increased by 14% to £220 million. The company’s net loss also deepened considerably, dropping 97% to just £300,000. The company’s turnover increased by 2% to £20 million. The company’s average number of employees increased by 13% to 230.

The substantial increase in bank borrowings, alongside the decrease in cash reserves, suggests the company may be burning through money, or perhaps investing heavily in expansion. The decrease in net assets is concerning, though the large asset base provides a cushion. The absence of an auditor’s name indicates the company is likely exempt from a full audit, relying on unaudited statements. Overall, Firmdale Hotels appears to be a well-established brand facing some financial headwinds, though its strong asset base and luxury positioning should provide resilience.

Registered in England/Wales under the registration number 01588612, with a registered address at SW7 2SP, United Kingdom, London, 18 Thurloe Place.

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