FORREST HOTELS LIMITED Financials
- Company number
- SC312804Copy
Copy - Registered office
- 7 Seaward Street, Paisley Road, Glasgow G41 1HJ
- Incorporated
- 30/11/2006
Company snapshot
- Status
- Active
- Employees
- 138 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
25.13%vs 20232023: £4.34M
Total Assets
14.94%vs 20232023: £31.26M
Cash in Bank
241.80%vs 20232023: £218.12K
Total Liabilities
13.30%vs 20232023: £26.92M
Employees
-2vs 20232023: 140
In 2024, FORREST HOTELS LIMITED reported net assets of £5.43M. The same filing shows total assets of £35.92M, cash in bank of £745.52K and total liabilities of £30.50M. Reported headcount was 138 in 2024. Total Assets rose from £31.26M in 2023 to £35.92M in 2024 (14.94%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
25.13%from £4.34M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures FORREST HOTELS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+71.4%vs 2022+30.9% a year compound (CAGR)
Cash in Bank
-33.7%vs 2022-18.6% a year compound (CAGR)
Total Assets
+30.5%vs 2022+14.3% a year compound (CAGR)
Total Liabilities
+25.2%vs 2022+11.9% a year compound (CAGR)
Employees
+7.8%vs 2022+10Biggest increase
Net Assets+71.4%
£3.17M in 2022 to £5.43M in 2024
Biggest decrease
Cash in Bank-33.7%
£1.12M in 2022 to £745.52K in 2024
FORREST HOTELS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FORREST HOTELS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 15.10%2024
- Liabilities to total assets
- 84.90%2024
- Cash to liabilities
- 2.44%2024
- Cash to total assets
- 2.08%2024
- Revenue per employee
- £77.41K2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for FORREST HOTELS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 2.16M | 3.17M | 4.34M | 5.43M |
| Total Assets£ | 27.87M | 27.52M | 31.26M | 35.92M |
| Cash in Bank£ | 914.55K | 1.12M | 218.12K | 745.52K |
| Total Liabilities£ | 25.71M | 24.35M | 26.92M | 30.50M |
| Employees | 96 | 128 | 140 | 138 |
FORREST HOTELS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has FORREST HOTELS LIMITED filed financial statements?
Yes. Okredo holds filed figures for FORREST HOTELS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did FORREST HOTELS LIMITED report in 2024?
FORREST HOTELS LIMITED reported net assets of £5.43M for 2024. That compares with £4.34M in 2023, a change of 25.13%.
What total assets did FORREST HOTELS LIMITED report in 2024?
FORREST HOTELS LIMITED reported total assets of £35.92M for 2024. That compares with £31.26M in 2023, a change of 14.94%.
What cash in bank did FORREST HOTELS LIMITED report in 2024?
FORREST HOTELS LIMITED reported cash in bank of £745.52K for 2024. That compares with £218.12K in 2023, a change of 241.80%.
How many people does FORREST HOTELS LIMITED employ?
FORREST HOTELS LIMITED reported 138 employees in 2024, compared with 140 in 2023.
How have FORREST HOTELS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, FORREST HOTELS LIMITED's net assets rose by 71.4%, cash in bank fell by 33.7%, total assets rose by 30.5% and total liabilities rose by 25.2%. Net assets compounded at 30.9% a year across the two years to 2024, from £3.17M to £5.43M. Reported headcount went from 128 in 2022 to 138 in 2024 (+10).
Which years of FORREST HOTELS LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.