Axcel Hospitality (edinburgh) Limited in Croydon, CR0 2NB

Description

Data updated on: 01-11-2023

Axcel Hospitality (edinburgh) Limited can be reached at Croydon at 2nd Floor. Anyone can look up the firm by the zip code - CR0 2NB. Axcel Hospitality (edinburgh)'s incorporation dates back to year 2015. The firm is registered under the number 09708150 and company's state is active. It has been already ten years from the moment Axcel Hospitality (edinburgh) Limited is no longer featured under the business name Axcel Hospitality. This firm's SIC and NACE codes are 55100 meaning Hotels and similar accommodation. December 31, 2022 is the last time the company accounts were reported.

As the data suggests, the company was founded in July 2015 and has so far been governed by four directors, out of whom two (Shamir P. and Sunil P.) are still active.

The companies that control this firm are as follows: Axcel Group Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Croydon at Dingwall Road, CR0 2NB and was registered as a PSC under the registration number 07206164.

Previous company's names
Axcel Hospitality (edinburgh) Limited 2015-09-17
Axcel Hospitality Limited 2015-07-29

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
Currency

Balance Sheet
Cash Bank On Hand	92 918	573 490	57 160	547 016	987 776	682 788	1 030 195	417 752
Current Assets	128 996	621 341	160 116	831 625	1 458 018	1 081 368	1 487 193	818 772
Debtors	36 078	47 851	102 956	284 609	470 242	379 096	440 509	386 811
Net Assets Liabilities	-22 646	-167 137	2 722 505	6 725 386	13 931 655	16 779 997	25 805 409	31 742 332
Other Debtors	36 078	47 851	18 637	24 011	300 811	30 094	284 412	269 680
Property Plant Equipment	2 679 368	3 401 504	7 517 794	18 406 540	32 000 000	35 000 000	44 000 000	48 000 000
Total Inventories						19 484	16 489	14 209

Other Financial Data
Audit Fees Expenses							6 000	4 500
Accrued Liabilities Deferred Income						9 289	40 251	132 371
Additional Provisions Increase From New Provisions Recognised					1 521 220	668 177	2 163 924	1 000 000
Administrative Expenses							3 024 693	3 819 864
Amounts Owed By Group Undertakings						309 836	5 583	49 597
Amounts Owed To Group Undertakings			47 131			1 008 196		338
Average Number Employees During Period	1		2	2	4	39	58	65
Bank Borrowings				10 298 498	15 703 151	13 903 355	12 850 000	9 004 522
Bank Borrowings Overdrafts				10 298 498	10 904 987	9 305 395	10 408 500	8 490 522
Bank Overdrafts						2 802	1 879	3 286
Cash Cash Equivalents Cash Flow Value							1 028 316	414 466
Comprehensive Income Expense							9 849 373	5 936 923
Corporation Tax Payable								35 371
Cost Sales							514 182	617 727
Creditors	2 720 672	3 993 381	4 220 483	10 298 498	15 131 488	15 498 860	13 485 651	9 451 673
Current Tax For Period								203 628
Dividends Paid							37 500
Dividends Paid Classified As Financing Activities							-37 500
Dividends Paid On Shares Final							37 500
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax							8 655 696	4 000 000
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables							-498 510	203 018
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables							-366 412	97 712
Gain Loss On Disposals Other Non-current Assets							698 360
Gross Profit Loss							6 169 104	7 586 767
Income Taxes Paid Refund Classified As Operating Activities								-168 257
Income Tax Expense Credit On Components Other Comprehensive Income							2 163 924	1 000 000
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation							348 330	-613 850
Increase Decrease In Stocks Inventories Finished Goods Work In Progress							-2 995	-2 280
Interest Expense On Bank Loans Similar Borrowings							545 500	686 374
Interest Paid Classified As Operating Activities							-545 500	-686 374
Interest Payable Similar Charges Finance Costs							545 500	686 374
Merchandise						19 484	16 489	14 209
Net Cash Flows From Used In Financing Activities							1 803 040	3 889 154
Net Cash Flows From Used In Investing Activities							343 974	-22
Net Cash Flows From Used In Operating Activities							-2 495 344	-3 275 282
Net Cash Generated From Operations							-3 040 844	-4 129 913
Net Current Assets Liabilities	18 658	424 740	-574 806	-1 382 656	-1 415 637	-531 746	430 842	-666 213
Net Interest Received Paid Classified As Investing Activities							-330	-22
Number Shares Issued Fully Paid		100	100	100	100	100	100	100
Operating Profit Loss							3 204 411	3 826 903
Other Comprehensive Income Expense Net Tax							6 491 772	3 000 000
Other Creditors	2 720 672	3 993 381	113 608	430 644	361 463	1 426 901	1 021 151	240 001
Other Interest Receivable Similar Income Finance Income							330	22
Other Operating Income Format1							60 000	60 000
Other Taxation Social Security Payable					1 569		21 593	22 273
Par Value Share		1	1	1	1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs							11 473	12 000
Proceeds From Borrowings Classified As Financing Activities							-12 850 000
Profit Loss		-144 491	2 889 642	4 002 881	-1 249 921	878 879	3 357 601	2 936 923
Profit Loss On Ordinary Activities Before Tax							3 357 601	3 140 551
Property Plant Equipment Gross Cost	2 679 368	3 401 504	7 517 794	18 406 540	32 000 000	35 000 000	44 000 000	48 000 000
Provisions					1 521 220	2 189 397	2 975 858	6 139 782
Provisions For Liabilities Balance Sheet Subtotal					1 521 220	2 975 858	5 139 782	6 139 782
Purchase Property Plant Equipment							-344 304
Repayments Borrowings Classified As Financing Activities							-13 903 355	-3 845 478
Staff Costs Employee Benefits Expense							1 076 420	1 367 780
Tax Tax Credit On Profit Or Loss On Ordinary Activities								203 628
Total Additions Including From Business Combinations Property Plant Equipment	2 679 368	722 136	4 116 290	10 888 746	4 209 839	362 360	344 304
Total Assets Less Current Liabilities	2 698 026	3 826 244	6 942 988	17 023 884	30 584 363	34 468 254	44 430 842	47 333 787
Total Borrowings							387 379	517 286
Total Increase Decrease From Revaluations Property Plant Equipment					9 383 621	2 637 640	8 655 696	4 000 000
Total Operating Lease Payments							387 745	603 894
Trade Creditors Trade Payables	109 118	184 473	574 183	1 783 637	909 849	192 745	272 658	246 072
Trade Debtors Trade Receivables						38 420	150 514	67 534
Turnover Revenue							6 683 286	8 204 494
Wages Salaries							1 064 947	1 355 780
Increase From Depreciation Charge For Year Property Plant Equipment					593 789
Issue Bonus Shares Decrease Increase In Equity					593 789
Other Remaining Borrowings					1 028 133
Recoverable Value-added Tax			84 319	260 598	113 613
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment					-593 789

Company staff

Shamir P.

Role: Director

Appointed: 01 January 2018

Latest update: 6 May 2025

Sunil P.

Role: Director

Appointed: 01 January 2018

Latest update: 6 May 2025

People with significant control

Axcel Group Limited

Address: 2nd Floor 29 Dingwall Road, Croydon, CR0 2NB, United Kingdom

Legal authority Companies Act 2006

Legal form Company Limited By Shares

Country registered England

Place registered Companies House

Registration number 07206164

Notified on 15 November 2021

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Shamir P.

Notified on 28 July 2016

Ceased on 15 November 2021

Nature of control:

1/2 or less of shares

Sunil P.

Notified on 28 July 2016

Ceased on 15 November 2021

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	11 August 2024
Confirmation statement last made up date	28 July 2023

Annual Accounts
Start Date For Period Covered By Report	29 July 2015
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2017
End Date For Period Covered By Report	31 December 2017
Annual Accounts
Start Date For Period Covered By Report	01 January 2018
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	01 January 2021
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	01 January 2022
End Date For Period Covered By Report	31 December 2022
Annual Accounts
Start Date For Period Covered By Report	01 January 2023
End Date For Period Covered By Report	31 December 2023

Axcel Hospitality (edinburgh) Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Shamir P.

Sunil P.

Sonia P.

Chandrikaben P.

People with significant control

Axcel Group Limited

Shamir P.

Sunil P.

Accounts Documents

Company filings

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