Phbb Restaurants Ltd

Phbb Restaurants Ltd, based in Croydon, UK, is a small holding company with an active status, having been established 59 years ago in 1966. The company employs 22 people and holds £150,528 in assets. It operates from a virtual address – 78 companies are registered at the same location – and is overseen by three directors and one owner. Phbb Restaurants Ltd regularly imports furniture, lighting, and prefabricated buildings, with its last import activity recorded four months ago.

The company’s website showcases two distinct restaurant ventures: Pahli Hill Bandra Bhai, a “finest Indian restaurant,” and Bandra Bhai, a cocktail bar. Both offer menus and booking options, and there's also a gifting service. The website suggests a focus on high-quality dining experiences, with an emphasis on Indian cuisine and a premium atmosphere. It's clear the company operates an e-commerce site, with menus and booking options available online.

Financially, Phbb Restaurants Ltd presents a mixed picture. While cash reserves increased by 27% to £98,000, net assets declined by 12% to -£96,000. Bank borrowings surged by 4,500% to £6,100, and creditors increased by 14% to £1,600,000. The number of employees rose significantly, increasing 41% to 31, which might reflect expansion or increased operational needs. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 250 employees. The lack of a named auditor suggests the company is exempt from an audit, relying on unaudited financial statements.

Overall, Phbb Restaurants Ltd appears to be navigating a challenging financial landscape. While revenue seems to be growing, the company is burning through cash and accumulating debt. The increase in employees may indicate expansion, but it also adds to operational costs. The company’s success hinges on its ability to attract and retain customers, manage its expenses effectively, and capitalize on the popularity of its restaurant concepts.

Registered in England/Wales under the registration number 00876187, with a registered address at CR0 2EE, England, Croydon, The Courtyard, 14a Sydenham Road.

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