Orkney Island Hotels Ltd in Stromness, KW16 3AD

Description

Data updated on: 01-11-2023

Orkney Island Hotels Ltd was set up as Private Limited Company, that is located in 10 John Street, Stromness. The head office's postal code is KW16 3AD. This enterprise has existed thirteen years in this business. Its registration number is SC396360. The firm currently known as Orkney Island Hotels Ltd was known under the name Ferry Inn Stromness until Thursday 11th June 2020 at which point the name was replaced. This enterprise's Standard Industrial Classification Code is 55100: Hotels and similar accommodation. Its most recent accounts describe the period up to 2022-05-31 and the most current annual confirmation statement was released on 2023-08-08.

We have a team of two directors running the following limited company at the moment, namely Gareth C. and Karen C. who have been performing the directors assignments since 2011.

Executives with significant control over the firm are: Gareth C. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Karen C. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Previous company's names
Orkney Island Hotels Ltd 2020-06-11
Ferry Inn Stromness Limited 2011-03-25

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency
Net Worth	167 704	156 938	172 476

Balance Sheet
Cash Bank On Hand			41 267	30 120	106 409	162 717	1 386	207 087	152 930	193 908
Current Assets	69 961	72 777	85 506	69 229	221 836	308 354	89 879	266 648	271 783	283 393
Debtors	45 592	27 415	35 030	28 309	95 865	125 473	81 794	26 735	80 964	52 235
Net Assets Liabilities			172 476	165 877	199 586	242 964	237 686	252 794	548 541	629 262
Other Debtors			24 825	20 959	62 760	94 704	62 470	25 965	76 018	47 911
Property Plant Equipment			474 011	507 152	902 749	905 640	898 876	918 961	1 293 248	1 294 528
Total Inventories			9 209	10 800	19 562	20 164	6 699	32 826	37 889
Cash Bank In Hand	12 449	34 367	41 267
Intangible Fixed Assets	211		1 652
Stocks Inventory	11 920	10 995	9 209
Tangible Fixed Assets	493 749	491 078	474 011

Capital & Reserves
Called Up Share Capital	250 000	250 000	250 000
Profit Loss Account Reserve	-82 296	-93 062	-77 524
Shareholder Funds	167 704	156 938	172 476

Other Financial Data
Accrued Liabilities Not Expressed Within Creditors Subtotal			50 690	63 469	61 570	59 790	58 106	56 499	973	778
Accumulated Amortisation Impairment Intangible Assets			3 103	3 929	10 455	16 155	21 854	26 854	31 854	36 854
Accumulated Depreciation Impairment Property Plant Equipment			165 676	191 865	233 174	283 374	325 629	375 752	300 995	354 668
Average Number Employees During Period						49	43	20	26	27
Bank Borrowings Overdrafts			141 790	171 504	604 421	605 542	588 787	720 172	480 952	445 217
Corporation Tax Payable			2 667	9 360
Creditors			151 657	179 110	616 603	625 543	600 071	720 172	480 952	445 217
Deferred Income					61 570	59 790	58 106	56 499	973	778
Deferred Tax Asset Debtors			7 869	2 809
Dividends Paid On Shares					46 399	40 699	35 000
Fixed Assets	493 960	491 078	475 663	507 977	949 148	946 339	933 876	948 961	1 318 691	1 314 971
Future Minimum Lease Payments Under Non-cancellable Operating Leases									847 500	784 000
Increase From Amortisation Charge For Year Intangible Assets				826	6 526	5 700	5 699	5 000	5 000	5 000
Increase From Depreciation Charge For Year Property Plant Equipment				27 550	44 828	50 730	49 134	52 055	47 763	58 940
Intangible Assets			1 652	825	46 399	40 699	35 000	30 000	25 443	20 443
Intangible Assets Gross Cost			4 754	4 754	56 854	56 854	56 854	56 854	57 297
Net Current Assets Liabilities	-105 659	-125 563	-100 839	-99 521	-63 672	-3 776	-24 130	103 036	-270 632	-218 126
Number Shares Issued Fully Paid					213 900
Other Creditors			9 867	7 606	12 182	20 001	11 284	79 124	347 907	276 238
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				1 361	3 519	530	6 879	1 932	122 520	5 267
Other Disposals Property Plant Equipment				2 128	14 933	2 650	7 760	2 600	521 759	7 534
Other Taxation Social Security Payable			22 772	36 512	65 503	63 266	19 730	3 751	53 831	89 318
Par Value Share		1	1		1
Property Plant Equipment Gross Cost			639 687	699 017	1 135 923	1 189 014	1 224 505	1 294 713	1 594 243	1 649 196
Provisions For Liabilities Balance Sheet Subtotal					7 717	14 266	13 883	22 532	17 593	21 588
Taxation Including Deferred Taxation Balance Sheet Subtotal					7 717	14 266	13 883	22 532	17 593	21 588
Total Additions Including From Business Combinations Property Plant Equipment				61 458	451 839	55 741	43 251	72 808	821 289	62 487
Total Assets Less Current Liabilities	388 301	365 515	374 824	408 456	885 476	942 563	909 746	1 051 997	1 048 059	1 096 845
Trade Creditors Trade Payables			75 710	74 368	138 962	143 291	26 836	46 149	122 213	108 864
Trade Debtors Trade Receivables			2 336	4 541	33 105	30 769	19 324	770	4 946	4 324
Accruals Deferred Income	40 718	41 628	50 690
Creditors Due After One Year	179 879	166 949	151 658
Creditors Due Within One Year	175 620	198 340	186 345
Intangible Fixed Assets Additions			2 478
Intangible Fixed Assets Aggregate Amortisation Impairment	2 066	2 277	3 103
Intangible Fixed Assets Amortisation Charged In Period		211	826
Intangible Fixed Assets Cost Or Valuation	2 277	2 277	4 755
Number Shares Allotted		250 000	250 000
Share Capital Allotted Called Up Paid	250 000	250 000	250 000
Tangible Fixed Assets Additions		27 801	12 078
Tangible Fixed Assets Cost Or Valuation	604 640	632 441	639 687
Tangible Fixed Assets Depreciation	110 891	141 363	165 676
Tangible Fixed Assets Depreciation Charged In Period		30 472	27 057
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			2 744
Tangible Fixed Assets Disposals			4 832

Company staff

Gareth C.

Role: Director

Appointed: 25 March 2011

Latest update: 9 April 2024

Karen C.

Role: Director

Appointed: 25 March 2011

Latest update: 9 April 2024

Gareth C.

Role: Secretary

Appointed: 25 March 2011

Latest update: 9 April 2024

People with significant control

Gareth C.

Notified on 25 March 2017

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Karen C.

Notified on 25 March 2017

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	29 February 2024
Account last made up date	31 May 2022
Confirmation statement next due date	22 August 2024
Confirmation statement last made up date	08 August 2023

Annual Accounts 6 October 2015
Start Date For Period Covered By Report	2014-06-01
End Date For Period Covered By Report	2015-05-31
Date Approval Accounts	6 October 2015
Annual Accounts 21 February 2017
Start Date For Period Covered By Report	2015-06-01
End Date For Period Covered By Report	2016-05-31
Date Approval Accounts	21 February 2017
Annual Accounts
Start Date For Period Covered By Report	2016-06-01
End Date For Period Covered By Report	2017-05-31
Annual Accounts
Start Date For Period Covered By Report	2017-06-01
End Date For Period Covered By Report	2018-05-31
Annual Accounts
Start Date For Period Covered By Report	2018-06-01
End Date For Period Covered By Report	2019-05-31
Annual Accounts
Start Date For Period Covered By Report	2019-06-01
End Date For Period Covered By Report	2020-05-31
Annual Accounts
Start Date For Period Covered By Report	2020-06-01
End Date For Period Covered By Report	2021-05-31
Annual Accounts
Start Date For Period Covered By Report	2021-06-01
End Date For Period Covered By Report	2022-05-31
Annual Accounts
Start Date For Period Covered By Report	2022-06-01
End Date For Period Covered By Report	2023-05-31

Orkney Island Hotels Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Gareth C.

Karen C.

Gareth C.

Kirsty M.

William M.

People with significant control

Gareth C.

Karen C.

Accounts Documents

Company filings

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