Montcalm Hotels Limited

Montcalm Hotels Ltd from London UK: a large, active company founded 14 years ago, employs 62 people, and holds £1,382,214 in assets. It operates from a virtual address, has five directors, and is owned by Precis Investments Ltd. The company regularly imports and exports electrical machinery and equipment, with 9 months of import activity and 19 months of export activity.

The company’s website, montcalmhotels.com, showcases a portfolio of hotels and similar accommodation. While the site doesn't facilitate direct e-commerce (no online booking or retail sales), it serves as a marketing platform, highlighting amenities, locations, and special offers. The site emphasizes luxury and modern design, targeting business and leisure travelers.

Financially, Montcalm Hotels Ltd presents a mixed picture. Creditors increased by 59%, reaching £880,000, which could reflect increased borrowing or supplier payments. Depreciation and impairment expenses rose significantly, by 42%, to £2.7 million, which is a normal consequence of owning property. Administrative expenses increased by 7%, to £19 million, which is a normal consequence of operating a business. However, cash reserves decreased by 41%, to £1.2 million. The number of employees increased by 18%, to 73, which could be a sign of growth. The company’s net assets decreased by 17%, to -£39 million, which is a concern. The company's auditor is KLSA LLP.

The company’s financial trends suggest it is facing challenges. While revenue seems stable, rising expenses and a decrease in cash reserves indicate potential financial strain. The increase in administrative expenses and depreciation could be due to ongoing investments in the hotels. The company’s large size (meeting two of three criteria for turnover over £36 million, balance sheet over £18 million, and over 250 employees) means it’s subject to greater scrutiny.

Registered in England/Wales under the registration number 07415019, with a registered address at W2 3BA, England, London, 3 Queens Gardens.

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