Chef Kang Limited

Chef Kang Limited, based in London, UK, is a small, active company founded seven years ago in 2017. With just one employee and a real address at 11 Cropley Street, the company is led by a single director and owner, Kang Dong. It boasts a respectable 4.0 Google rating from 88 reviews. The company operates in the licensed restaurants industries and is an irregular importer of wood and wood products, with its last import operation recorded one month ago in August 2019.

The company's website is minimal, offering little insight beyond its name and location. It appears to be primarily a Chinese restaurant, operating without a dedicated e-commerce presence. The restaurant seems to focus on dine-in services rather than online ordering or delivery.

Financially, Chef Kang Limited presents a mixed picture. While it meets the criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its equity has been in negative territory, currently standing at -£110,000. Cash reserves are low at just £650, and net current liabilities are a significant -£170,000. Creditors have increased slightly, reaching £180,000, and bank borrowings are at £120,000. Property, plant, and equipment are valued at £69,000, but accumulated depreciation is also £13,000. The company’s unaudited accounts, prepared using VT Final Accounts software, show a reliance on director-reported data.

The negative equity and low cash reserves suggest Chef Kang Limited is facing financial pressures, potentially burning through cash to cover operational expenses. The increase in creditors and the lack of profitability could indicate a need for improved cost management or increased revenue generation. The company’s small size and solo leadership, however, may allow for quick adjustments and a focus on core operations.

Registered in England/Wales under the registration number 10927035, with a registered address at N1 7PT, England, London, 11 Cropley Street.

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