Ben Elliot’s Quintessentially warns £29m liabilities could threaten its future

Concierge service for super-rich co-founded by Queen Camilla’s nephew lost £1.5m in latest financial year

Quintessentially, the concierge service for the super-rich co-founded by Queen Camilla’s nephew, Ben Elliot, lost £1.5m in its latest financial year and warned investors that it is struggling with £29m of liabilities that could threaten its future as a going concern.

The company that Elliot, a former co-chair of the Conservative party, set up in 2020, reported pre-tax losses of £1.5m in the year to the end of April 2022, compared with a £3.8m loss a year earlier. However, its post-tax losses increased to £12.9m, up from £8m the previous year.