Wembley Hill Hotels Ltd

Wembley Hill Hotels Ltd from London UK: a small holding company with an active status, was founded 14 years ago and employs 15 people. The company holds £3,941,391 in assets, operates from a virtual address, and is managed by three directors and one owner. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import operation occurring two months ago in December 2022.

The company's website, hotelsoflondon.com, showcases a selection of hotels and apartments throughout London, offering a choice from over 400 properties. It allows users to search for accommodation, filter by star rating (from 2 to 5 stars), and select currency. The site also features a booking engine, allowing customers to search for availability and make reservations. It seems to be an online travel agency, not directly owning the hotels but acting as a booking platform.

Financially, Wembley Hill Hotels Ltd presents a mixed picture. Current assets have increased by 13% to £3.9 million, while net assets have grown by a significant 44% to £8.8 million. Bank borrowings have dramatically decreased by 97% to just £100,000—a positive sign. However, net current liabilities have also improved, dropping 88% to -£540,000. Creditors have decreased by 45% to £4.5 million, and trade debtors have fallen by 69% to £31,000. 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. There’s no mention of an auditor, likely due to the small company exemption.

The company’s financial health appears to be improving, with reduced debt and increased assets. However, the significant decrease in net current liabilities suggests the company may be struggling to manage its short-term obligations, though the improved creditor position offers some reassurance. The holding company structure may indicate investments in other ventures, but further information is needed to assess the overall financial strategy.

Registered in England/Wales under the registration number 07393590, with a registered address at W1T 4RN, United Kingdom, London, 1st Floor Arthur Stanley House, 40-50 Tottenham Street.

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