Abbey Hotel (bath) Limited

Abbey Hotel Bath Ltd from London UK is a large company, holding company, and is currently active. Established 36 years ago in 1989, it employs 55 people and holds £568,851 in assets. Yearly revenue sits at £3,163,494. The company operates from a virtual address, a point of note given that 550 other companies are registered at the same location. It’s managed by two directors and has one owner, although the owner list changed three years ago. Google users rate it 4.0 out of 5 based on 1028 reviews. The company is an irregular importer, specializing in electrical machinery and equipment, with just one month of imports recorded.

The company operates in the hotels and similar accommodation industries. It's a large company, meeting two of three criteria: turnover exceeding £36 million, balance sheet total exceeding £18 million, and more than 250 employees. The company's website is not available for review.

Financially, Abbey Hotel Bath Ltd shows some concerning trends. Accrued liabilities have increased by 28%, while cash and cash equivalents have fallen by 17%. Bank borrowings remain steady at £12 million. However, net assets have plummeted 51% to £8.5 million. Creditors decreased by 43%, which is a positive sign. The company's turnover remained steady, but the decrease in net assets and cash reserves suggests it may be burning through money. The lack of an auditor mentioned, likely due to its size, means these figures are unaudited.

It's clear that while the hotel maintains a good reputation with customers, its financial health is something to watch. The company's size and the stability of its management team could help it weather any storms, but the declining equity raises questions about its long-term sustainability.

The company operates in Hospitality & Food Services → Hotels, motels.

Registered in England/Wales under the registration number 02361773, with a registered address at EC4A 3TW, United Kingdom, London, 5 New Street Square.

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