Fen Restaurant Ltd

Fen Restaurant Ltd is a small, active company based in London, UK, founded nine years ago in 2015. With 46 employees and £178,961 in assets, it operates from a virtual address registered at 291 Green Lanes, N13 4XS, a location shared by 336 other companies. The company is managed by one director, Ucar Erdal, and has two owners, Sen Ebru. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just two months of import activity recorded as of April 2022. The company operates in the licensed restaurants industries.

The company’s website, fenrestaurant.co.uk, details a modern restaurant offering a diverse menu and a focus on customer service. While it doesn’s appear to be an e-commerce site, the website showcases the restaurant’s ambiance and menu, suggesting a focus on attracting diners through online presence. The site is well-designed and professional, indicating an investment in branding and marketing.

Financially, Fen Restaurant Ltd presents a mixed picture. Current assets have fallen by 17%, reaching £180,000, while net assets have plummeted 3400%, resulting in a negative value of -£59,000. Bank borrowings have decreased by 33%, settling at £20,000, and cash reserves have declined significantly by 55%, leaving just £47,000. Trade creditors have increased by 6.3%, reaching £280,000, and trade debtors have risen by 15%, reaching £120,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity loss raises concerns. No auditor is mentioned, likely due to exemption as a small company, so the figures rely on unaudited statements.

In conclusion, Fen Restaurant Ltd is facing financial pressures despite its active status and established presence. The restaurant’s focus on customer service and online branding suggests a commitment to attracting diners, but the company will need to address its declining equity and manage its debts to ensure long-term sustainability.

Registered in England/Wales under the registration number 09670570, with a registered address at N13 4XS, England, London, 291 Green Lanes.

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