Big Hospitality Group Ltd

Big Hospitality Group Ltd, based in Liverpool, UK, is a small, active company founded eight years ago in 2017. It employs three people and holds £2,455 in assets. The company is led by one director and owner, and while its status is active, accounts and confirmation statements are three years overdue. It’s an irregular importer, primarily dealing in basic metal tools and utensils, with the last import operation recorded two months ago.

The company operates within the licensed restaurants industry, as highlighted by its website, which showcases a family of individual restaurants—The Wolseley, The Delaunay, Brasserie Zdel Colbert, and others—all run from the floor, creating places where people feel they belong. The site also emphasizes opportunities for career growth and highlights recent news and stories. It’s clear they’re focused on creating a welcoming atmosphere and attracting both diners and employees.

Financially, Big Hospitality Group Ltd presents a mixed picture. Current assets have increased by a significant 170% to £2,500, which is good news. However, net assets have worsened, falling 48% to -£7,100. Bank borrowings have increased by 50% to £7,500, and cash reserves have increased by 510% to £1,900. Creditors have decreased by 68%, which is a positive sign, but the overall negative equity suggests the company is burning through money. The company meets the criteria for a small business, with turnover less than £10.2m, assets under £5.1m, and fewer than 50 employees. There's no mention of an auditor, which is common for small companies.

The increase in bank borrowings and the negative equity, despite the rise in cash reserves, indicate that Big Hospitality Group Ltd is likely facing financial pressures. The company's focus on creating a welcoming atmosphere and attracting talent is commendable, but it will need to address its financial situation to ensure long-term sustainability.

Registered in England/Wales under the registration number 10578269, with a registered address at L2 3PH, England, Liverpool, Big Hospitality Group Ltd T/A Barton Rouge, 26 Exchange Street East.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.