Coastline Fish And Chip Restaurant Limited

Coastline Fish and Chip Restaurant Ltd from Gateshead UK is a small, holding company with an active status, founded 23 years ago. The company holds £695,502 in assets and operates from a virtual address, a detail that raises some questions. It's managed by four directors and has one owner, and boasts a respectable Google rating of 4.0 based on 3768 reviews. The company is a regular importer of miscellaneous food products, with 15 months of import activity recorded, the latest in December 2024.

The company operates in the take-away food shops and mobile food stands industries. Its website highlights a focus on quality ingredients – sustainable fish, in-season potatoes, and gluten-free options – and offers both restaurant and takeaway services. A newly refurbished restaurant overlooking the Northumberland coastline at Blyth is available, alongside a popular Ciccarelli parlour offering artisan gelato. Customer reviews praise the food, service, and overall experience, with many travelling from afar to sample the famous fish and chips. The website also showcases a 20-year commitment to the community, including local employment, charity support, and eco-friendly practices.

Financially, Coastline Fish and Chip Restaurant Ltd appears to be facing some challenges. Current assets have decreased by 36%, dropping to £700,000, while net assets have also fallen by 1.1% to £1,000,000. Bank borrowings remain stable at £140,000, but cash reserves have plummeted 91%, leaving just £61,000. Creditors have also decreased, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

The company’s parent, Gregorio Holdings Ltd, seems to be a significant factor, and the accounts mention a small group that isn't required to produce consolidated financial statements. While the restaurant appears to be thriving, attracting positive reviews and a loyal customer base, the financial figures suggest a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 04278627, with a registered address at NE11 0JQ, England, Gateshead, B3 Kingsway, Team Valley Trading Estate.

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