FORREST HOTEL DEVELOPMENTS LIMITED - Profile & Financials

Accounts Submitted 5 Sept 2025

Confirmation Statement Submitted 11 Aug 2025

Net assets £16.24M £158.25K 2023 year on year

Total assets £22.72M £4.40M 2023 year on year

Total Liabilities £6.49M £4.56M 2023 year on year

Charges 6

6 satisfied

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Contact & Details

Contact

Update Details

Registered Address

7 Seaward Street Paisley Road Glasgow G41 1HJ

Telephone

0(0)1414206000

info@forrest-group.co.uk

Website

forrestgroup.co.uk

Credit Report

Discover FORREST HOTEL DEVELOPMENTS LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2023

Type Total Exemption Full

Next accounts 31 December 2024

Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2014–2023)

Cash in Bank

£26.68k

Decreased by £40.91k (-61%)

Net Assets

£16.24M

Decreased by £158.25k (-1%)

Total Liabilities

£6.49M

Increased by £4.56M (+237%)

Turnover

£625.81k

Decreased by £4.11M (-87%)

Employees

Decreased by 2 (-40%)

Debt Ratio

29%

Increased by 18 (+164%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2023 Dec Year End	2022 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

5 active 4 resigned

Show resigned officers

						Status
Christopher David Trainer	Director	British	Scotland	59	8 Oct 2001	Active
David Angus Sharp	Director	British	Scotland	61	4 Jan 2006	Active
David Angus Sharp	Secretary	British	Unknown	—	16 Jun 2003	Active
Donald Gordon William Stewart	Director	British	Scotland	62	8 Oct 2001	Active
Keith Alexander Vallance	Director	British	Scotland	51	4 Jan 2006	Active

Shareholders

Shareholders (3)


Forrest Developments Holdings Limited	60.0%	10,700	Ordinary A	18 Aug 2023
Forrest Developments Holdings Limited	20.0%	3,567	Ordinary B	18 Aug 2023
Donald Gordon William Stewart	20.0%	3,566	Ordinary B	18 Aug 2023

Persons with Significant Control

Persons with Significant Control (1)

1 Active 2 Ceased

Forrest Developments Holdings Limited

United Kingdom

Active

Notified 17 May 2023

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

Donald Gordon William Stewart

Ceased 17 May 2023

Ceased

Christopher David Trainer

Ceased 17 May 2023

Ceased

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Group Structure

FORREST DEVELOPMENTS HOLDINGS LIMITED united kingdom

FORREST HOTEL DEVELOPMENTS LIMITED Current Company

GANNET DEVELOPMENTS LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent

OYSTER CATCHER DEVELOPMENTS LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent

Charges

6 satisfied

Documents

Company Filings

Date	Category	Description	Document
5 Sept 2025	Accounts	Annual accounts made up to 2024-12-31	View(20 pages)
11 Aug 2025	Confirmation Statement	Confirmation statement made on 2025-08-10 with no updates	View(3 pages)
28 Sept 2024	Accounts	Annual accounts made up to 2023-12-31	View(21 pages)
13 Aug 2024	Confirmation Statement	Confirmation statement made on 2024-08-10 with no updates	View(3 pages)
15 Sept 2023	Accounts	Annual accounts made up to 2022-12-31	View(21 pages)