STRATHMORE HOTELS LIMITED
Company number SC128215 · Monitor this company
The annual accounts for this company are overdue.
The confirmation statement for this company is overdue.
Executive summary
Strathmore Hotels Limited is in critical condition, having entered administration despite reporting strong net assets of nearly £20m in its last filed accounts. The company suffered a severe liquidity crisis, evidenced by critically low cash reserves (£19,649) and a halving of its interest cover ratio, proving that an asset-rich but cash-poor structure is highly vulnerable to rising debt costs. The business is now under the control of administrators, with the primary focus shifting from normal operations to asset realization and restructuring.
Shareholders' funds
£19,922,532
Balance sheet as at 2023-12-31
What it does
The principal activity of the company continued to be that of owning and operating hotels.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1990-11-02
- Employees
- 415 (2023 accounts · was 376 in 2022)
- Registered office
- C/O Interpath Ltd, 5th Floor, 130 St. Vincent Street, Glasgow, G2 5HF
- Postcode
- G2 5HF
- Capital
- 250,000 GBP
- Accounts category
- Full
- Charges
- 10 outstanding
Accounts
- Last made up to
- 2023-12-31
- Next due by
- 2025-12-31 Overdue
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2024-10-20
- Next due by
- 2025-11-03 Overdue
Nature of business (SIC)
- 55100 Hotels and similar accommodation
Officers 3 current · 13 resigned
Group structure
Controlled by STRATHMORE HOTELS (SCOTLAND) LIMITED — since 2016-04-06
From persons-with-significant-control filings on the public register.
Gender pay gap
2.3%
Women's median hourly pay below men's, 2020/21
Contact details
- Website
- strathmorehotels.com
Strathmore Group are a family-run group of eight unique hotels spread across Scotland and the North of England. View all our hotels here.
Previous company names
| Name | Date changed |
|---|---|
| FORTY EIGHT SHELF (26) LIMITED | 1990-12-17 |
Previous registered addresses 3
| Address | Changed on |
|---|---|
| 116 STRATHMORE HOUSE, EAST KILBRIDE, G74 1LF | 1995-12-27 |
| 114 STRATHMORE HOUSE, EAST KILBRIDE, G74 1LF | 1992-02-24 |
| 48 ST VINCENT STREET, GLASGOW, G2 5HS | 1991-10-28 |
The class of 1990
50%
of the 20,401 companies incorporated in 1990 are still active today; 45% have since been dissolved.
A fact about the year, not a forecast for this company.