Tower Hill Holdings Ltd
Hotels and similar accommodation · London
ActiveUnited KingdomIncorporated 2016Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£1
Cash
—
Turnover
—
Profit / loss
—
Current assets
—
Creditors < 1 year
£62,817,223
Equity
£1
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-3112 months · Company · AI-read | 2024-12-31Company · AI-read | 2023-12-31Company · AI-read |
|---|---|---|---|
| Balance sheet | |||
| Net assets | £1 | £1 | — |
| Equity | £1 | £1 | — |
| Share capital | £1 | £1 | — |
| Assets | |||
| Investments | £2 | £2 | — |
| Debtors | £62,817,222 | £71,021,342 | £71,021,342 |
| Liabilities | |||
| Creditors within one year | £62,817,223 | £71,021,343 | £71,021,343 |
| Net current assets | −£1 | −£1 | — |
| Source evidence | View filing | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- The company’s principal activity is to act as a lender to related parties.
- What it does
- lending to related parties · holding company · hotel (AI keywords)
- The year
- In the year under review turnover has decreased by 0.8% (2024 - decreased by 2.6%), the principal reason for this being due to the decrease in lettable rooms towards the end of the year as a bedroom refurbishment program started, this, along with an increase in competitor hotels and increasingly difficult market conditions.
- Outlook
- The directors intend to continue to drive the recovery and future development of the company by a continuing programme of stringent cost controls and aggressive marketing, which would enhance the performance of the company.
- Auditor
- BDO LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Prestmade Limited
- Ultimate parent
- Prestmade Limited
- Accounts
- FRS 102
- Approved
- 2026-07-31
Subsidiaries (2)
- Cranefield Limited · 100% · 14 Chester Terrace, London, NW1 4ND
- Carolia Tower Hotel Limited · 100%* · 14 Chester Terrace, London, NW1 4ND
Related parties (2)
- Cranefield Limited · subsidiary undertaking · amount receivable · £62,817,222 (2024 - £71,021,342)
- Prestmade Limited · parent undertaking · amount payable · 62,817,223 (2024 - £71,021,343)
Borrowings (2)
- Loan to the subsidiary undertaking · 62,817,222 · interest free · repayable on demand; confirmation that the loan will not be called for payment within twelve months of signing the financial statements unless the subsidiary has sufficient funds
- Loan from the parent undertaking · from Prestmade Limited · 62,817,223 · interest free · repayable on demand; confirmation that the loan will not be called for payment within twelve months of signing these accounts unless the company has sufficient funds
Share classes (1)
- 1 ordinary of £1
Principal risks (6)
- value of the lending
- loss of profitability due to cost of living crisis impacting demand for rooms and services and rising costs of wages and supplies
- wider economic conditions impacting supply chain and human capital availability, energy prices and consumer spending
- ongoing conflicts in Ukraine and Middle East
- exposure to rising interest rates and the impact this has on debt service at its subsidiary company level
- compliance with covenants at the subsidiary company level and the impacts this may have on liquidity
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesFixed · created 2016-11-30
—
Outstanding