L & K Hotels Ltd

L & K Hotels Ltd, based in Leyton, UK, is a small holding company with an active status, founded nine years ago in 2015. The company employs 27 people and holds assets totaling £853,233. It has a real address, is managed by two directors, and has one owner. The company regularly imports soaps, cleaning products, and waxes, with the latest import operation occurring three months ago in October 2023.

The company operates in the hotels and similar accommodation industries, and is part of a larger hospitality group, LK Hospitality Group, with offices in Singapore and Indonesia. LK Hospitality Group manages a portfolio of hotels, residences, and resorts across Asia, including properties in Semarang, Cikarang, Pandanaran, Pemuda, Simpang Lima, Senggigi, Singapore, and Batam. The group's website showcases a range of luxury accommodations, from boutique hotels to serviced apartments and resorts, catering to both business and leisure travelers. The group even has a presence in London, with a showroom in Harrods.

Financially, L & K Hotels Ltd’s numbers show some interesting trends. Accumulated depreciation has increased significantly, particularly in plant and machinery, while bank borrowings have decreased slightly. Cash bank on hand has fallen considerably, dropping 77%, and net current assets have also decreased. Creditors have also decreased, which is a positive sign. The company’s small size—meeting two of three conditions for a small company—helps it remain flexible. Although the company’s turnover isn’t explicitly stated, the balance sheet data suggests a modest scale of operations. The accounts are unaudited, which is common for small companies.

The decrease in cash reserves and the increase in depreciation suggest the company may be investing in its assets, but it’s also burning through cash. It’s possible that the company is facing challenges in generating sufficient revenue to cover its expenses, or perhaps it’s strategically expanding its operations. The lack of a mentioned auditor is not unusual for a small company, and the figures are based on director-reported data.

Registered in England/Wales under the registration number 09865616, with a registered address at E10 5EL, United Kingdom, Leyton, London, 475-477 High Road.

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