Seven Hotels Limited

Seven Hotels Limited, based in Southend-On-Sea, UK, is a small holding company with an active status, having been incorporated nine years ago in April 2016. The company, which operates in the hotels and similar accommodation industries, employs thirteen people and holds assets totaling £259,772. It has a real registered address and is managed by three directors and one owner. Google reviews are positive, with a rating of 4.0 based on 683 reviews. Notably, the company is an irregular importer, having imported goods for just two months, with the last import operation occurring in October 2017.

While the company's website isn't available, the financial data paints a mixed picture. Current assets have decreased by 46%, falling to £260,000, and net assets have also declined, although to a lesser extent. Bank borrowings have been reduced by 27%, which is a positive sign, and creditors have seen a significant decrease of 36%, suggesting improved debt management. However, cash reserves have also fallen by 47%, leaving the company with £250,000. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the decrease in cash and net assets warrants attention.

The company’s equity has increased by 240%, reaching £150,000, which is a positive trend. However, net current assets and liabilities have also decreased by 35%. The company operates under the historical cost convention and has been prepared in accordance with Financial Reporting Standard 102. It’s worth noting that the company is exempt from an audit as a small company, so the financial statements are unaudited. Overall, Seven Hotels Limited appears to be navigating a period of financial adjustment, with both positive and negative trends influencing its performance.

Registered in England/Wales under the registration number 10116045, with a registered address at SS1 1DT, England, Southend On Sea, Essex, 7-9 Clifton Terrace.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.