Knight Pavilion Restaurant Ltd

Knight Pavilion Restaurant Ltd, based in Colchester, UK, is a small, active company founded just three years ago. With £78,540 in assets and a real address, it's a tight-knit operation managed by two directors and owners. The company boasts a respectable 4.0 Google rating from 74 reviews, and it’s an irregular importer of iron or steel products, with just one month of import activity recorded as of September 2022.

The company operates in the licensed restaurants industry, and its website showcases a Chinese restaurant. It's a private limited company, and it’s registered with three directors. The address is probably real as only one company registered at the address. It’s a small company, meeting two of three conditions for size: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Knight Pavilion Restaurant Ltd shows a mixed picture. Current assets increased by 16% to £79,000, while net assets decreased by 27% to -£270,000. Bank borrowings increased by 17% to £350,000, and cash reserves increased by 21% to £23,000. Creditors increased by 18% to £370,000, suggesting a reliance on credit. The company's small size helps it stay agile, but the equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Knight Pavilion Restaurant Ltd is holding steady but facing pressures. The company is probably burning through money, but it’s not clear if this is a typical startup situation or a longer-term challenge.

Registered in England/Wales under the registration number 13890679, with a registered address at CO2 8FU, England, Colchester, Unit 4 The Maltings, Haven Road.

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