New Crystal Kitchen Ltd

New Crystal Kitchen Ltd from London UK: a small, active company founded six years ago, employs 24 people, and holds £253,477 in assets. It’s a real address with one director and one owner, boasting a solid Google rating of 4.0 based on 1749 reviews. The company regularly imports furniture, lighting, and prefabricated buildings – five months of import activity recorded, the last in February 2024.

The company operates as a Turkish restaurant, with a website showcasing an authentic dining experience. Crystal Kitchen, established in 7003, offers a menu passed down through generations, bringing the essence of Turkish culture to its customers. The restaurant is open Monday to Saturday from 8:00 am to 2:00 am and Sunday from 8:00 am to midnight. It has a physical location on The Broadway, High Road, London. The website also mentions a phone number: 020 8889 8148.

Financially, New Crystal Kitchen Ltd presents a mixed picture. Current assets decreased by 11% to £250,000, while net assets increased by 17% to £340,000. Bank borrowings decreased by 27%, reaching £26,000, and cash reserves dropped by 73% to £14,000. Creditors decreased by 21%, suggesting improved 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 stay nimble, but the cash drop is a little concerning. There's no auditor mentioned, so the figures are unaudited.

It appears the restaurant is doing well, but the financial data suggests it may be burning through cash reserves a little fast. The management, led by Ustun Emrah, will need to keep a close eye on expenses to ensure long-term sustainability.

Registered in England/Wales under the registration number 11706401, with a registered address at N22 6DS, England, London, Crystal Restaurant, 11 The Broadway.

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