Chef Steakhouse Ltd

Chef Steakhouse Ltd, based in Cheltenham, UK, is a small, active company founded three years ago. It employs a single person and holds £67,324 in assets. With a real address and two owners, alongside one director, the restaurant boasts a solid 4.0 Google rating from 391 reviews. It’s a regular importer of machinery, boilers, and mechanical appliances, with 11 months of import activity recorded.

The restaurant's website paints a picture of an independent establishment aiming for a theatrical dining experience. It highlights premium cuts of meat cooked over charcoal, a visible kitchen, and dishes finished tableside. The restaurant is a UK venture for owners with 30 years of experience in the business from Turkey and Kuwait. The menu includes a la carte, lunch, Sunday roast, dessert, coffee, wine, and drinks options, with gift vouchers available for purchase.

Financially, Chef Steakhouse Ltd shows some concerning trends. Current assets have decreased by 23%, falling to £67,000, while net assets have plummeted 350% to -£78,000. Bank borrowings have increased significantly, and cash reserves have decreased. Creditors have risen dramatically, suggesting a need to manage debt. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the significant equity drop is a red flag. The unaudited financial statements, which don't mention an auditor, rely on director-reported data.

While the restaurant appears to be well-regarded by customers, the financial data suggests it's burning through money. Whether this is a temporary setback or a longer-term challenge remains to be seen—but Chef Steakhouse Ltd will need to address these financial pressures to sustain its theatrical dining experience.

Registered in England/Wales under the registration number 14048375, with a registered address at GL50 1PZ, England, Cheltenham, Unit 2 Quadrangle, Imperial Square.

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