Sir Ben Elliot’s Quintessentially says there is ‘material uncertainty’ over ability to operate beyond the next year

Quintessentially, the luxury concierge service for the super-wealthy co-founded by Queen Camilla’s nephew Sir Ben Elliot, has reported a £2.1m loss despite cutting jobs and buying extra time to repay £15m worth of loans.

The firm, which Elliot, a former co-chair of the Conservative party, founded in 2000, said there was still “material uncertainty” about the company’s ability to operate beyond the next year if sales slumped or it failed to get fresh funding. It came as the company reported a £2.1m loss for the year to April 2024.