Forrest Hotels Limited

Forrest Hotels Limited is a large, active company based in Glasgow, UK, founded eighteen years ago in 2006. With 128 employees and £1,681,202 in assets, it generates £9,576,415 in yearly revenue. The company, which has six directors and two owners, operates from a real address and is considered a large company, meeting two of three criteria: turnover exceeding £36 million, balance sheet total over £18 million, and more than 250 employees. It's an irregular importer, primarily dealing in electrical machinery and equipment, with the last import operation occurring over five years ago.

The company's website, Forest of Arden Hotel Country Club, showcases a country club hotel near Birmingham. It's a beautiful woodland setting offering a range of experiences, from reconnecting with nature to playing golf, relaxing in the spa, and enjoying dining options. The hotel features family-friendly rooms, a Green Key certified commitment to sustainability, and a location easily accessible by various transportation methods. The website highlights the hotel's food and drink offerings, including The Fairway Bar Grill and Zest, and promotes gift vouchers and events.

Financially, Forrest Hotels Limited presents a mixed picture. While turnover increased slightly to £9.6 million, cash bank on hand decreased significantly by 81%, dropping to £220,000. Debtors have surged by 210%, reaching £1.4 million, which could indicate challenges in collecting payments. However, creditors also increased by 11%, suggesting an ability to manage short-term liabilities. Depreciation expense has remained stable, and the company’s administrative expenses have risen by 7.8%. The company’s equity has increased substantially by 120%, likely due to retained earnings. Stevenson & Kyles acted as auditors.

Overall, Forrest Hotels Limited appears to be navigating a period of change. The increase in debtors and decrease in cash reserves warrant close monitoring, but the company's strong revenue generation and increased equity suggest a degree of resilience. The hotel's focus on sustainability and its attractive location should help it continue to attract guests and maintain a competitive edge.

Registered in Scotland under the registration number SC312804, with a registered address at G41 1HJ, Glasgow, 7 Seaward Street, Paisley Road.

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