Shangri-la International Pte Limited

Shangri-La International Pte Limited, based in Maidenhead, UK, is a small holding company with an active status, established 41 years ago in 1983. Employing just ten people and holding assets of £616,824, it operates from a virtual address shared by over 100 other companies, raising some questions. The company has two directors and one owner, though it’s important to note that owner information is not exhaustive, only showing owners with more than twenty-five percent of shares. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with its last import operation dating back to November 2016.

The company’s website showcases a network of hotels and related services across Singapore, including Shangri-La Singapore, JEN Singapore Orchardgateway, and Shangri-La Rasa Sentosa. It’s heavily focused on takeaway dining experiences, offering a variety of cuisines and catering to families with special facilities and promotions. The website’s content suggests a strong emphasis on hygiene, safety, and customer convenience, reflecting current industry trends.

Financially, Shangri-La International Pte Limited presents a mixed picture. While cash bank on hand increased significantly by 72% to £360,000, net assets also grew by 16% to £340,000. However, bank borrowings increased by a substantial 2,400%, reaching £29,000, and trade debtors decreased by 21%, which could indicate challenges in collecting payments. Despite these concerns, creditors decreased by 18%, suggesting improved debt management. The company's small size—meeting two of three criteria for a small company—allows for agility, but the increase in borrowing raises questions about its financial health. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Shangri-La International Pte Limited appears to be navigating a complex landscape. While its hotel network thrives on providing premium experiences, the company’s financial performance suggests it may be burning through money. The increase in borrowing and decrease in debtors are concerning, but the growth in cash reserves and improved debt management offer a glimmer of hope.

Registered in England/Wales under the registration number 01750276, with a registered address at SL6 8BN, England, Maidenhead, Berkshire, C/O Wilson Partners Limited, Tor, Saint-Cloud Way.

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