One Plus Restaurant Limited

One Plus Restaurant Limited, based in Manchester, UK, is a small, active company founded seven years ago. It employs 33 people and holds £382,413 in assets. The company operates from a real address and is managed by two directors, although no owners are officially listed. It runs an e-commerce site and irregularly imports machinery, boilers, and mechanical appliances—the last import was recorded over five years ago in 2019.

The restaurant itself is a unique concept, offering three distinct dining experiences under one roof: a Rice Noodle Bar in the basement, a Chinese Hot Pot restaurant on the ground floor, and a Seafood BBQ Meats restaurant on the first floor. The website highlights the quality of its food, its award-winning status, and even offers vouchers to support the business during challenging times. It's a popular spot, catering to a wide range of dietary needs, including halal options.

Financially, One Plus Restaurant Limited is showing some concerning trends. Cash reserves have fallen dramatically, dropping 92% to just £33,000. Bank borrowings have also decreased, but the most significant change is the drop in net assets, which fell 12% to £440,000. Trade debtors have increased significantly, by 130%, suggesting a potential issue with customer payments. On the positive side, creditors have decreased, indicating improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity raises questions about its financial health. The accounts are unaudited, and no auditor is listed. It's clear the restaurant is working hard to attract customers, but the financial numbers suggest it’s facing some challenges—hopefully, it can keep going.

Registered in England/Wales under the registration number 10949016, with a registered address at M1 7DB, United Kingdom, Manchester, One Plus Restaurant, 42, Charles Street.

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