The Royal Park Hotel Limited
- Small
- Holding
- Active
- 26 years
- 40 employees
- £847,538 (assets)
- Real address
- 2 directors
- 1 owner
- Irregular importer
- Rating 4.0 (278)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
The Royal Park Hotel Ltd from London UK is a small holding company with an active status, established 26 years ago in 1999. Employing 40 people, the company holds assets valued at £847,538 and boasts a real address. It’s managed by two directors and owned by one individual, and enjoys a respectable Google rating of 4.0 based on 278 reviews. The company is an irregular importer of paper and paperboard products, with just one month of imports recorded dating back to December 2016.
The hotel itself, as detailed on its website, offers 56 guestrooms appointed with modern amenities, located just a two-minute walk from Bayswater Tube Station. It highlights complimentary WiFi, proximity to Hyde Park and Kensington Palace, and offers amenities like Smart TVs and hair dryers upon request. The site also promotes local attractions, special offers like a 10% discount for bookings made 15 days in advance, and encourages visitors to sign up for its newsletter. Testimonials praise the hotel's cleanliness, helpful staff, and convenient location.
Financially, the company’s report reveals some concerning trends. Current assets have decreased by 26% to £850,000, while net assets have fallen 11% to £13,000,000. Bank borrowings have increased by 32% to £6,600,000, and cash reserves have dropped by 32% to £250,000. While creditors decreased by 27% to £490,000, suggesting improved debt management, the decline in cash and net assets is noteworthy. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, indicating an unaudited report.
The sharp drop in equity could be attributed to various factors, perhaps reflecting increased operating expenses or investments in the hotel's facilities. It's also possible that the irregular import activity, with its limited volume, hasn't generated significant revenue. While the hotel appears to be well-managed and enjoys positive customer feedback, the financial data suggests a need for careful monitoring and potentially, a review of its business strategy.
Registered in England/Wales under the registration number 03762292, with a registered address at W2 3UL, London, 3 Westbourne Terrace, Lancaster Gate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Bird Overseas Holdings Ltd
- 9 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 2 years
- 10
-
Resident of India
-
Individual
- 9 years
- 11
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Accounts for a small company made up to 2024-03-31Download 17 pages pdf report
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Confirmation statement made on 2024-08-31 with no updatesDownload 3 pages pdf report
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Full accounts made up to 2023-03-31Download 28 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about The Royal Park Hotel Limited
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