Wiq Hotel Corporation Limited in London, NW3 5JJ

Description

Data updated on: 01-11-2023

1997 is the date that marks the founding of Wiq Hotel Corporation Limited, the firm registered at 4th Floor Charles House, 108-110 Finchley Road, London. That would make 27 years Wiq Hotel Corporation has prospered in the UK, as the company was established on September 8, 1997. Its Companies House Registration Number is 03433156 and the company post code is NW3 5JJ. The company known today as Wiq Hotel Corporation Limited, was earlier registered as Manhattan Loft (wiq Hotel) Corporation. The transformation has taken place in August 21, 2006. The firm's principal business activity number is 41100 meaning Development of building projects. 2022/04/30 is the last time when the company accounts were reported.

In order to be able to match the demands of their customer base, the following business is permanently being guided by a number of two directors who are Christopher C. and Lambros H.. Their mutual commitment has been of prime use to this specific business since July 2019.

Previous company's names
Wiq Hotel Corporation Limited 2006-08-21
Manhattan Loft (wiq Hotel) Corporation Ltd 1997-09-08

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-04-30	2020-04-30	2021-04-30	2022-04-30	2023-04-30
Currency

Balance Sheet
Cash Bank On Hand	1 364 249	1 373 769	655 219	974 035	1 654 428
Current Assets	2 626 709	1 938 923	1 148 198	1 924 077	2 453 089
Debtors	1 243 669	551 337	483 570	937 371	782 864
Net Assets Liabilities	62 227 266	63 507 908	62 188 719	59 765 820	61 651 859
Other Debtors	556 515	450 122	362 193	336 902	238 467
Total Inventories	18 791	13 817	9 409	12 671	15 797
Property Plant Equipment	83 333 334	83 333 334	83 333 334	83 333 334

Other Financial Data
Audit Fees Expenses	10 000	10 000	10 000	10 000	10 000
Accrued Liabilities Deferred Income	353 825	320 131	187 251	373 232	233 411
Accumulated Depreciation Impairment Property Plant Equipment	6 510 481	6 949 184	7 391 740	7 835 268	8 282 052
Additional Provisions Increase From New Provisions Recognised		63 192	122 335	2 580 841	73 955
Administrative Expenses	5 745 331	5 340 064	2 401 212	4 253 419	6 726 215
Amounts Owed To Group Undertakings	13 851 014	12 242 538	12 595 892	12 831 584	11 459 280
Applicable Tax Rate	19	19	19	19	25
Comprehensive Income Expense	1 299 073	1 290 140	-1 319 187	-2 422 899	1 886 039
Corporation Tax Payable	9 602	9 602	9 602	9 602	9 602
Cost Sales	234 646	119 364	48 196	140 964	159 287
Creditors	15 246 090	13 221 139	13 627 268	14 245 205	12 814 222
Depreciation Expense Property Plant Equipment	426 269	438 703	442 556	443 528	446 784
Finished Goods	18 791	13 817	9 409	12 671	15 797
Fixed Assets	83 333 335	83 340 004	83 340 004	83 340 004	83 340 003
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax	-217 049		365 499	424 095	381 657
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss		-396		-214
Gross Profit Loss	6 766 238	6 187 148	460 302	3 292 842	7 262 121
Income Tax Expense Credit On Components Other Comprehensive Income	-73 749		122 335	2 580 841	73 954
Increase From Depreciation Charge For Year Property Plant Equipment		438 703	442 556	443 528	446 784
Investments Fixed Assets	1	6 670	6 670	6 670	6 670
Net Assets Liabilities Joint Ventures	-2	-2	-2	-2
Net Current Assets Liabilities	-12 619 381	-11 282 216	-12 479 070	-12 321 128	-10 361 133
Number Shares Issued Fully Paid		2	2	2	2
Operating Profit Loss	1 451 867	1 287 264	-1 562 450	-266 187	1 577 109
Other Comprehensive Income Expense Net Tax	-143 300		243 164	-2 156 746	307 703
Other Creditors	149 423	155 466	332 952	291 529	226 457
Other Interest Receivable Similar Income Finance Income	108	518	99	34	1 227
Other Investments Other Than Loans	1	6 670	6 670	6 670	6 670
Other Operating Income Format1	430 960	500 470	378 460	694 390	1 041 203
Par Value Share		1	1	1	1
Percentage Class Share Held In Joint Venture		50	50	50	50
Prepayments	449 765	48 876	15 198	394 868	290 445
Profit Loss	1 442 373	1 290 140	-1 562 351	-266 153	1 578 336
Profit Loss On Ordinary Activities Before Tax	1 451 975	1 287 782	-1 562 351	-266 153	1 578 336
Property Plant Equipment Gross Cost	89 843 815	90 282 518	90 725 074	91 168 602	5 917 175
Provisions	8 486 688	8 549 880	8 672 215	11 253 056	11 327 011
Provisions For Liabilities Balance Sheet Subtotal	8 486 688	8 549 880	8 672 215	11 253 056	11 327 011
Tax Expense Credit Applicable Tax Rate	275 875	244 679	-296 847	-50 569	394 584
Total Additions Including From Business Combinations Property Plant Equipment		248 687	77 057	19 433	65 126
Total Assets Less Current Liabilities	70 713 954	72 057 788	70 860 934	71 018 876	72 978 870
Total Increase Decrease From Revaluations Property Plant Equipment		190 016	365 499	424 095	381 657
Total Operating Lease Payments	36 674	36 737	41 460	34 834	34 571
Trade Creditors Trade Payables	565 096	491 364	501 571	681 448	603 061
Trade Debtors Trade Receivables	209 534	24 484	24 401	177 746	226 097
Turnover Revenue	7 000 884	6 306 512	508 498	3 433 806	7 421 408
Average Number Employees During Period	152	147
Current Tax For Period	9 602	-2 358
Recoverable Value-added Tax			53 923
Tax Increase Decrease From Effect Capital Allowances Depreciation	-43 323	-27 089	-14 144
Tax Tax Credit On Profit Or Loss On Ordinary Activities	9 602	-2 358
Wages Salaries	1 769 662	1 709 208