Room Contracts Limited

Room Contracts Limited, based in Almondsbury, UK, is a small, active holding company established eleven years ago in 2014. It employs just two people and holds assets totaling £2,659,833. With a real address and one director, the company operates in the other construction installation industries and is an irregular importer of furniture, lighting, and prefabricated buildings, with recent import activity occurring two months ago.

The company’s website highlights its expertise in hotel fit-out services, specializing in refurbishments and rebranding across the UK. They cater to a wide range of hotel brands, offering services from bedroom and bathroom upgrades to front-of-house renovations. The site showcases numerous projects, including work for Holiday Inn, Hotel de Vin, and Ibis, emphasizing a passion for exceeding expectations and a deep understanding of hotel operations. They also boast a loyal client base, having delivered projects for 25 major brands and completed over 200 hotel projects.

Financially, Room Contracts Limited presents a mixed picture. While cash reserves have dramatically increased by 3000% to £1,600,000, net assets have increased by a substantial 380% to £810,000. However, accrued liabilities have doubled to £100,000, and corporation tax payable has risen sharply to £290,000. Trade debtors have also increased significantly, ballooning by 170% to £900,000, suggesting a potential challenge in collecting payments. Bank borrowings have decreased by 20% to £82,000. The company’s small size—meeting two of three criteria for being classified as small—allows for agility, but the increase in liabilities needs to be monitored. No auditor is mentioned, which is typical for small companies.

Overall, Room Contracts Limited seems to be growing, but the rise in liabilities indicates that it’s important to keep a close eye on cash flow and collections.

Registered in England/Wales under the registration number 09009611, with a registered address at BS32 4UB, England, Almondsbury, Bristol, 130 Aztec West, Park Avenue.

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