Snelsmore Estates Limited

Snelsmore Estates Ltd, based in Newbury, UK, is a large holding company with an active status, having operated for 37 years. Employing 105 people, the company holds assets worth £1,667,157 and generates an annual revenue of £5,921,497. The company, led by four directors and owned by Hotels Kv Ltd, maintains a perfect 5.0 Google rating from 826 reviews. It’s a regular importer of drinks, alcohol, and vinegar, having imported for 95 months, with the last import occurring in July 2023. Exports, however, are rare, with just one month of activity recorded back in March 2016.

The company operates The Vineyard Luxury 5 Hotel and Spa, a high-end establishment in the Berkshire countryside. The website showcases a luxurious experience, offering accommodation, exquisite dining, a world-class wine list, and a spa. The hotel’s focus is on providing a restorative escape with seasonal gastronomy and a sense of place. The website also highlights wedding options and corporate events, indicating a diversified revenue stream.

Financially, Snelsmore Estates Ltd presents a mixed picture. While turnover increased by a healthy 13%, net assets decreased by 9.5%, indicating a potential build-up of liabilities. Bank borrowings increased significantly, and cash reserves declined, suggesting the company is burning through cash. Creditors decreased, which is a positive sign, but the overall trend suggests financial pressure. The company’s auditor is James Cowper Kreston Audit, and the financial statements are audited. The decrease in net assets could be due to investments in the hotel or increased operating expenses to maintain its high standards—although further investigation would be needed to confirm this. The company’s large size (meeting two of three criteria for a large company) and the ongoing investments in the hotel suggest it’s aiming for long-term growth, despite the short-term financial challenges.

Registered in England/Wales under the registration number 02233431, with a registered address at RG14 1BE, United Kingdom, Newbury, Berkshire, Buckingham House, West Street.

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