Ashley Hotels (holdings) Limited in London, SW1V 2BG

Description

Data updated on: 01-11-2023

Ashley Hotels (holdings) started its business in 2013 as a Private Limited Company under the following Company Registration No.: 08680774. This business has been operating for 11 years and the present status is active. The company's registered office is registered in London at 65-67 Belgrave Road. You could also locate this business using the zip code : SW1V 2BG. Created as Ashley Hotel (holdings), this business used the business name up till 2013-09-12, when it was replaced by Ashley Hotels (holdings) Limited. This company's classified under the NACE and SIC code 64209 : Activities of other holding companies n.e.c.. Ashley Hotels (holdings) Ltd released its account information for the financial year up to 2022-12-31. The business most recent confirmation statement was filed on 2023-09-06.

In order to be able to match the demands of the client base, the following business is permanently being led by a body of four directors who are, to name just a few, Alim H., Karim H. and Nurjahan H.. Their mutual commitment has been of cardinal importance to the business since September 2013.

Previous company's names
Ashley Hotels (holdings) Limited 2013-09-12
Ashley Hotel (holdings) Limited 2013-09-06

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	6 055 170	3 964 135	2 184 671
Current Assets	9 653 508	14 610 966	12 420 811
Debtors	2 814 393	2 460 239	3 597 130
Net Assets Liabilities	9 465 767	9 308 234	7 180 549
Other Debtors	277 844	16 789	770 595
Property Plant Equipment	102 728	121 564	185 028
Total Inventories	15 970	26 685	33 057

Other Financial Data
Audit Fees Expenses	45 500	30 000	31 500
Accrued Liabilities Deferred Income	45 500	38 000	56 000
Accumulated Amortisation Impairment Intangible Assets	914 684	1 250	6 250
Accumulated Depreciation Impairment Property Plant Equipment	53 695	85 949	124 472
Acquired Through Business Combinations Intangible Assets			268 094
Additional Provisions Increase From New Provisions Recognised		-51 975	-329 910
Additions Other Than Through Business Combinations Intangible Assets		25 000
Additions Other Than Through Business Combinations Property Plant Equipment		51 090	101 987
Administration Support Average Number Employees	79	97	132
Administrative Expenses	2 248 319	2 283 393	3 247 450
Amortisation Expense Intangible Assets	377 463	91 395	273 094
Amortisation Government Grants	-556 827	-344 483	-31 150
Amounts Owed By Associates Joint Ventures Participating Interests	1 316 941	1 222 908	1 116 568
Amounts Owed By Group Undertakings	1 201 879	1 220 542	1 709 967
Amounts Owed To Directors	44 342	20 732	19 866
Amounts Owed To Group Undertakings	4 645 316	5 231 268	6 592 484
Applicable Tax Rate	19	19	19
Average Number Employees During Period	83	101	136
Bank Borrowings Overdrafts	33 434	4 530 663	3 544 350
Cash Cash Equivalents Cash Flow Value	6 152 988	4 942 132	3 294 774
Comprehensive Income Expense	-917 622	50 457	-1 886 180
Corporation Tax Payable		16 909	488 958
Cost Sales	2 258 532	2 568 913	3 457 031
Creditors	4 807 768	9 925 419	10 270 415
Current Asset Investments	783 945	8 186 592	6 639 010
Current Tax For Period		38 538	10 344
Debt Funds From Acquisitions Disposals			-339 762
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-93 821	-51 975	-434 599
Deferred Tax Liabilities	11 485	11 485	-318 425
Depreciation Expense Property Plant Equipment	845 098	835 780	819 859
Depreciation Rate Used For Property Plant Equipment		15	15
Disposals Decrease In Depreciation Impairment Property Plant Equipment			46 224
Disposals Property Plant Equipment			46 224
Dividends Paid	176 000	208 000	241 505
Dividends Paid Classified As Financing Activities	176 000	208 000	241 505
Dividends Paid On Shares	176 000	208 000	241 505
Dividends Received Classified As Investing Activities	105 462	798 873	-134 974
Finance Lease Liabilities Present Value Total		10 090	11 997
Finance Lease Payments Owing Minimum Gross		43 225	31 228
Fixed Assets	4 648 579	4 667 415	4 730 959
Further Item Non-operating Gain Loss Before Tax Income Statement Item Component Profit Or Loss Before Tax		798 873	-1 458 728
Further Item Operating Expense Loss Income Statement Item Component Operating Profit Loss	1 114 466	201 000
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total			4 346 166
Gain Loss In Cash Flows From Change In Accrued Items	-67 257	50 081
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-623 820	258 679	636 262
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-184 535	296 496	-2 240 153
Gain Loss In Cash Flows From Change In Inventories	15 165	-10 715	-6 372
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss	649
Government Grant Income	81 905	41 593	31 150
Gross Profit Loss	527 738	2 203 778	5 184 496
Impairment Loss Reversal Property Plant Equipment	698 457		191 220
Income Expense Recognised Directly In Equity	-176 000	-208 000	-241 505
Income From Other Fixed Asset Investments	105 462	798 873	81 610
Income Taxes Paid Refund Classified As Operating Activities	17 032	21 629	29 385
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-398 815	-1 210 856	-1 647 358
Increase Decrease In Current Tax From Adjustment For Prior Periods	17 032
Increase Decrease In Net Debt From Cash Flows		-1 485 378	1 951 353
Increase From Amortisation Charge For Year Intangible Assets		1 250	5 000
Increase From Depreciation Charge For Year Property Plant Equipment		32 254	38 523
Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment			19 941
Intangible Assets	90 145	23 750	18 750
Intangible Assets Gross Cost	1 004 829	25 000	25 000
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	495 357	551 373	718 387
Interest Paid Classified As Operating Activities	495 357	551 373	718 387
Interest Payable Similar Charges Finance Costs	495 357	551 373	718 387
Interest Received Classified As Operating Activities	49 244	11 007	53 688
Investments	4 545 851	4 545 851	4 545 931
Investments Fixed Assets	4 545 851	4 545 851	4 545 931
Investments In Associates	180 689	247 689	368 980
Investments In Associates Joint Ventures Participating Interests	51	51	51
Investments In Group Undertakings	4 545 800	-982 289	-982 289
Loans Advances Granted Classified As Investing Activities			750 000
Net Cash Flows From Used In Financing Activities	1 576 679	4 842 896	-1 793 704
Net Cash Flows From Used In Investing Activities	257 232	-6 785 232	-1 534 259
Net Cash Flows From Used In Operating Activities	-2 232 726	731 480	1 680 605
Net Cash Generated From Operations	-1 769 581	1 293 475	2 374 689
Net Current Assets Liabilities	4 845 740	4 685 547	2 150 396
Net Debt Funds	12 259 545	10 774 167	12 385 758
Net Deferred Tax Liability Asset	11 485	-13 978	-364 682
Number Shares Issued Fully Paid	100	100	100
Operating Profit Loss	-2 273 325	168 853	3 000 023
Other Creditors	10 588	25 252	4 140
Other Departments Average Number Employees	4	4	4
Other Interest Receivable Similar Income Finance Income	49 244	11 007	53 688
Other Operating Income Format1	561 722	449 468	1 062 977
Other Remaining Operating Income	4 895	96 035	1 015 680
Other Taxation Social Security Payable	15 530	65 031	28 545
Par Value Share		1	1
Payments Finance Lease Liabilities Classified As Financing Activities		-43 225	11 997
Pension Costs Defined Contribution Plan	97 043	98 062	102 841
Pension Other Post-employment Benefit Costs Other Pension Costs	97 043	98 062	102 841
Prepayments Accrued Income	83 519	117 836	1 109 638
Proceeds From Borrowings Classified As Financing Activities	1 195 852	4 663 188	-1 571 352
Proceeds From Government Grants Classified As Financing Activities	556 827	344 483	31 150
Proceeds From Sales Property Plant Equipment	1 098 656
Profit Loss	-917 622	50 457	-1 886 180
Profit Loss Attributable To Non-controlling Interests		-67 000	22 389
Profit Loss Attributable To Owners Parent	-2 514 957	507 797	1 035 051
Profit Loss On Ordinary Activities Before Tax	-2 591 746	494 360	1 079 497
Property Plant Equipment Gross Cost	156 423	207 513	309 500
Provisions	11 485	11 485	-318 425
Purchase Financial Investments Other Than Trading Investments	783 945	7 402 647	4 040 728
Purchase Intangible Assets		25 000
Purchase Property Plant Equipment	162 941	192 160	954 723
Raw Materials	15 970	26 685	33 057
Redemption Shares Decrease In Equity			9 811 689
Rental Leasing Income		8 950	16 147
Revenue From Rendering Services	2 786 270	4 772 691	8 641 527
Share Profit Loss Associates Accounted For By Equity Method	22 230	67 000	121 291
Social Security Costs	70 688	102 720	141 484
Staff Costs Employee Benefits Expense	1 753 076	1 708 972	2 273 646
Taxation Including Deferred Taxation Balance Sheet Subtotal	11 485	11 485	-318 425
Tax Decrease From Utilisation Tax Losses	-415 643	101 854	39 682
Tax Expense Credit Applicable Tax Rate	-492 432	88 417	205 104
Tax Increase Decrease From Effect Capital Allowances Depreciation			-139 461
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			30 530
Tax Increase Decrease From Effect Foreign Tax Rates			10 344
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-76 789	-13 437	66 835
Total Assets Less Current Liabilities	9 494 319	9 352 962	6 881 355
Total Current Tax Expense Credit	17 032	38 538	501 434
Trade Creditors Trade Payables	13 058	4 383	13 033
Trade Debtors Trade Receivables	17 729	96 452	1 399 387
Turnover Revenue	2 786 270	4 772 691	8 641 527
Wages Salaries	1 585 345	1 508 190	2 029 321
Company Contributions To Money Purchase Plans Directors	79 082	80 000	80 000
Director Remuneration	32 705	37 200	43 200
Director Remuneration Benefits Excluding Payments To Third Parties	111 787	117 200	123 200
Number Directors Accruing Benefits Under Money Purchase Scheme	2	2	2

Company staff

Alim H.

Role: Director

Appointed: 06 September 2013

Latest update: 20 February 2024

Karim H.

Role: Director

Appointed: 06 September 2013

Latest update: 20 February 2024

Nurjahan H.

Role: Director

Appointed: 06 September 2013

Latest update: 20 February 2024

Zamir H.

Role: Director

Appointed: 06 September 2013

Latest update: 20 February 2024

People with significant control

Executives with significant control over the firm are: Karim H. has substantial control or influence over the company. Zamir H. has substantial control or influence over the company. Alim H. has substantial control or influence over the company.