K & J Hospitality Ltd

K & J Hospitality Ltd, based in Manchester, UK, is a small, active company founded seven years ago in 2017. Employing 21 people and holding £125,332 in assets, it operates from a real address and is managed by two directors and owners. The company is an irregular importer, primarily dealing in coffee, tea, mate, and spices, with the last import operation recorded just one month ago in September 2024.

The company’s website paints a picture of a hospitality management firm focused on people. K&J Hospitality manages hotel properties, offering services from full management to specialty areas like revenue management and marketing support. They emphasize building relationships with guests, employees, and partners, aiming to create a "family" atmosphere. They currently manage 15 hotels across five states, with a goal of including 1,000 people in the K&J family by 2030. The website also highlights event planning services, catering to corporate meetings, long-term stays, weddings, and banquets.

Financially, K & J Hospitality Ltd presents a mixed picture. While bank borrowings decreased by 21%, cash bank on hand increased by 5.6% to £44,000. However, net assets have taken a hit, dropping by 270% to £2,800. Trade creditors decreased by 21%, which is a positive sign, but accumulated depreciation on property, plant, and equipment increased by 11%, indicating increased wear and tear on assets. 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 flexibility, but the significant equity decline warrants closer attention. The accounts are unaudited, and no auditor is mentioned. The decrease in average number of employees from 21 to 19 is also something to consider.

Registered in England/Wales under the registration number 10823237, with a registered address at M25 0PD, United Kingdom, Manchester, 3 Scholes Lane, Prestwich.

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