Gainford Hotels Limited

Gainford Hotels Ltd, based in Co Durham, UK, is a sizable company with an active status, having been established thirteen years ago in March 2012. Employing 501 people, the group holds assets totaling £10,474,432. With a real address and two directors, the company is owned by Gainford Care Homes Ltd, a change made eight years ago. Google users rate it 4.0 out of 5 based on 16 reviews. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with a recent import recorded one month ago.

The Gainford Group, as showcased on its website, operates across multiple sectors: hotels, restaurants, bars, healthcare, childcare, and new developments. The site highlights ongoing projects, such as a 170m skyscraper in Newcastle, and showcases its magazine, which spotlights Newcastle's nightlife. The group actively promotes its city centre hotels and bars, emphasizing their role in the region’s hospitality scene. The website also features a "Gainford Black Card" program and corporate brochure, suggesting a focus on customer loyalty and business partnerships.

Financially, Gainford Hotels Ltd presents a mixed picture. While current assets increased by a significant 59%, to £10 million, bank borrowings surged by a substantial 170%, reaching £6 million. Creditors also increased, by 3.4%, to £5.8 million. Net assets, however, declined by 4.7%, to £27 million. The company's size, meeting two of three criteria for a large company (turnover over £36 million, balance sheet over £18 million, and over 250 employees), suggests a substantial operation. The company’s auditor is Azets Audit Services. Despite the growth in assets, the increase in liabilities and the decrease in equity raise questions about the company’s long-term financial health. It’s clear that Gainford Hotels Ltd is facing some financial pressures, but its diverse operations and strong brand presence may help it navigate these challenges.

Registered in England/Wales under the registration number 07988275, with a registered address at DH3 3SR, Co Durham, Gainford House Picktree Lane, Chester Le Street.

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