Hotel Complimentary Products Limited

Hotel Complimentary Products Ltd, based in New Romney, UK, is a small, family-run business with an active status. Founded 27 years ago in 1998, the company employs seven people and holds £1,692,642 in assets. It operates a real address and is managed by four directors and two owners. The business runs an e-commerce site and regularly imports soaps, cleaning products, and waxes (190 months of import activity recorded) and exports electrical machinery and equipment (26 months).

The company’s website highlights its role as a leading supplier to the hospitality industry, offering a wide range of hotel toiletries, eco-friendly options, and accessories. It caters to hotels, Airbnbs, and even provides services for disaster recovery of pianos. The site emphasizes luxury products, fast service, and a focus on sustainability, with vegan and organic ranges available. It’s clear that Hotel Complimentary Products Ltd is aiming to provide a complete solution for hospitality businesses.

Financially, the company shows some concerning trends. Current assets decreased by 11% to £1,700,000, while net assets remained stable at £1,900,000. Bank borrowings increased by 10% to £150,000, and cash reserves dropped significantly by 65% to £32,000. Creditors decreased by 14% to £640,000, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the drop in cash reserves suggests a need for careful financial management. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Hotel Complimentary Products Ltd appears to be facing some financial pressures, but its established presence in the hospitality sector and focus on quality products should help it weather the storm. It’s a family business with a long history, and it’s clear that they’re committed to providing excellent service to their customers.

Registered in England/Wales under the registration number 03513384, with a registered address at TN28 8LH, New Romney, Kent, Mountfield House Mountfield Ind., Estate, Mountfield Road.

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