Contact David Kirk by email direct by clicking on his name

01392 474303

Hotels and B&Bs

Hotel and B&B Insolvency

Customers of hotels forget that 20% of what they are paying goes in VAT to the government.  This coupled with high wage costs and the issues above making running a successful hotel hard work and it is only really a profitable business once you have a critical mass of people wanting to book all the time.

Typical issues for hotels are also high capital costs to buy the property and the continuous need for refurbishment using up any spare cash flow.

Once a hotel gets a bad credit rating as well the credit card providers start to hold back card sales and may withhold funds. Nearly everyone pays for their hotel room now by card.



0808 1961496


Across the South West, London & Wales

We have just worked with Kirks to complete the closure of our company. Everything went smoothly and professionally. I would recommend this firm and the staff who were very very helpful and quickly finalised everything. Thank you Kirks.
Carol Hill



Sign up to our newsletter

Request a callback

Simply fill out the short form below and I will get back to you.

David Kirk Portrait

David Kirk

Licensed Insolvency Practitioner