{"name":"GREENCLOSE HOTELS LIMITED","company_number":"00623417","status":"Active","type":"Private Limited Company","incorporated":"1959-03-18","dissolved":null,"registered_office":"Pennington House, Lymington, Hampshire, SO41 8AA","postcode":"SO41 8AA","sic_codes":[{"code":55100,"description":"Hotels and similar accommodation"}],"principal_activity":"hotelier","previous_names":[{"name":"GREENCLOSE LIMITED","changed_on":"2012-11-01"}],"warnings":[],"accounts":{"category":"Medium","year_end":"31 October","last_made_up_to":"2025-10-31","next_due":"2027-07-31"},"employees":{"count":273,"accounts_date":"2025-10-31"},"financials":[{"financial_date":"2025-10-31","turnover":11016761,"profit_loss":639928,"net_assets":9520766,"cash":3316010,"average_employees":273},{"financial_date":"2024-10-31","turnover":16443470,"profit_loss":-568488,"net_assets":9271838,"cash":286954,"average_employees":352},{"financial_date":"2023-10-31","turnover":16533804,"net_assets":10063326,"cash":360720},{"financial_date":"2022-10-31","turnover":16109765,"net_assets":10997974,"cash":942329},{"financial_date":"2021-10-31","turnover":10468241,"net_assets":10565235,"cash":3194162}],"officers":{"current":8,"resigned":5,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":25,"outstanding":3},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"GreenClose Hotels Limited presents a strengthened balance sheet following the March 2025 disposal of Careys Manor Hotel, with net assets of £9.5m and a significantly improved cash position of £3.32m. However, the credit profile is complicated by the reduced operational scale (turnover declining from £16.4m to £11.0m with only two remaining properties), concentration risk, and uncertainty around the retention of sale proceeds within the business versus distribution to the parent company, Greenclose Holdings Limited. A conditional approval is recommended, subject to satisfactory review of the group structure, confirmation of sale proceeds treatment, and establishment of appropriate covenants reflecting the smaller operational footprint.","website":"https://www.greenclose.co.uk/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/greenclose-hotels","people":"https://www.companiesintheuk.co.uk/company/greenclose-hotels/people","filing_history":"https://www.companiesintheuk.co.uk/company/greenclose-hotels/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/00623417","financials":"https://www.companiesintheuk.co.uk/company/greenclose-hotels/financial","control":"https://www.companiesintheuk.co.uk/company/greenclose-hotels/control","charges":"https://www.companiesintheuk.co.uk/company/greenclose-hotels/charges","pay_gap":"https://www.companiesintheuk.co.uk/company/greenclose-hotels/pay-gap","ai_analysis":"https://www.companiesintheuk.co.uk/company/greenclose-hotels/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/greenclose-hotels"}