Whim Hospitality Limited

Whim Hospitality Ltd from Swindon, UK, is a large holding company with an active status, founded four years ago. Employing 109 people, the company holds assets worth £7,096,565 and generates £2,412,511 in yearly revenue. Despite having a registered address, it’s likely a virtual one, as eleven companies share the same location. The company is led by two directors and has one owner. It regularly imports furniture, lighting, and prefabricated buildings, with its last import operation occurring six months ago.

Whim Hospitality operates hotels and similar accommodation industries, creating meaningful experiences for curious travelers. Founded by Kim and Whit Hanks, it’s a brand built on passion, heritage, and personal legacy, with properties like Camp Lucy and The Old Bell Hotel. Its website highlights a portfolio of unique accommodations, spas, and event services, emphasizing a rich narrative woven into historic places.

Financially, Whim Hospitality shows some concerning trends. While turnover increased by 17%, net assets dropped by a significant 39% to -£4,200,000. Cash reserves plummeted 180% to £95,000, and bank borrowings surged, indicating potential cash flow pressures. Creditors also increased, suggesting a reliance on short-term financing. The company’s workforce has shrunk by 22%, which may be a response to these financial challenges. The lack of a named auditor suggests the company is exempt from an audit, meaning the figures are unaudited.

Overall, Whim Hospitality is facing some financial headwinds. While its brand and portfolio appear strong, the declining equity and increasing debt raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 12948768, with a registered address at SN3 3LL, England, Swindon, 6 Drakes Meadow.

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