George On Rye Limited

George On Rye Limited, based in Winchelsea, UK, is a small, family-run holding company with an active status. Established twenty years ago in 2004, it employs eighteen people and holds assets valued at £5,973,125. The company operates from a virtual address, registered to an address shared by eleven other companies, and is managed by three directors and three owners. It boasts a strong Google rating of 4.0 based on 1046 reviews. The company is irregular importer of textile products, sets, used clothing, and rags, with its last import operation recorded one months ago.

The company operates in the hotels and similar accommodation industries. Its website, The George in Rye, showcases a luxurious Georgian hotel with a focus on weddings, food, and drink. The site highlights beautifully designed rooms, a Dragon Bar, a George Grill, and cozy sitting rooms, emphasizing a "winng and dining" experience. The website also features a gallery, vouchers, and social media links, showcasing its commitment to customer engagement. The hotel’s website frequently mentions mid-century furniture, stunning views, and collaborations with local businesses, creating a sense of charm and exclusivity.

Financially, George On Rye Limited presents a mixed picture. Current assets have decreased by 19% to £4,900,000, while net assets have increased by a significant 970% to £2,200,000. Bank borrowings have surged by 210%, reaching £4,300,000, and cash reserves have increased by 81% to £420,000. Creditors decreased by 25%, suggesting improved debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the large increase in borrowings raises questions. The company’s financial statements are unaudited, and no auditor is mentioned.

Overall, George On Rye Limited appears to be a well-regarded hospitality business, but its financial health requires careful monitoring. The surge in borrowings, while potentially linked to investments or expansion, warrants further scrutiny to ensure long-term sustainability.

Registered in England/Wales under the registration number 05209338, with a registered address at TN36 4NH, England, Winchelsea, Seabreeze Cottage Victoria Way, Winchelsea Beach.

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