Cameron House Resort (Loch Lomond) Limited had a turnover of more than £40 million in the two years they ignored multiple warnings about fire hazards.

As the firm pleaded guilty on Friday to breaking safety standards over that period leading up to two deaths in December 2017, the Crown made a point of listing four years of company turnover.

The fire saw turnover plunge, but they still managed £4.8m in 2018 and £4.7m in 2019, according to advocate depute Michael Meehan QC.

Cameron House pleaded guilty as a company, registered at Victoria Street, London - there were no individuals from management named in court documents or appearing in person in the dock.

In the most recent Companies House filing, Cameron House listed its directors as Coley Brenan, Richard Weissman and Stephen Walker.

Read more: Hotel owners admit safety breaches for blaze that killed two guests

Just before their own independent safety assessment warned about the conceirge cupboard in January 2016, Cameron House was acquired by CMH Investment II (UK) Limited, set up in 2015 to take it over.

It was owned by KSL Capital Partners, a private equity firm listed with headquarters in Denver, Colorado. The ultimate owner is Monroe Offshore Holdings XI Limited, registered in the Cayman Islands, a tax haven put on an EU blacklist shortly after the UK left the union.

The fire is referenced in their annual filing, but not the loss of life, just the the financial impact.

Reopening of the hotel is set for the “second quarter” of 2021. The estimated cost of the rebuild is £25.8m, most covered by insurance.

Last year plans were announced for a a 68-room extension and more banqueting facilities, due to open in November 2021.

In his statement to the court on Friday, the hotel’s defence QC said the hotel was rebuilt with a steel structure and “extensive fire-stopping and compartmentalisation”.

There will be no open fires in the main building.