Reis Restaurants Ltd

Reis Restaurants Ltd, based in Ruislip, UK, is a small, active company founded three years ago. With eight employees and £62,206 in assets, it’s a modest operation run by two directors and owners, Ozcan Seval and Tursun Senel. The company operates in the licensed restaurant industries and regularly imports furniture, lighting, and prefabricated buildings—a recent import activity occurred three months ago.

The company’s website, Reis Grill Bar, showcases a focus on high-quality dining experiences. It features a menu of prime dry-aged steaks, classic grill dishes, and a selection of alcoholic and non-alcoholic drinks, alongside a vibrant atmosphere with live entertainment. The website highlights a commitment to fresh produce, experienced bartenders, and a welcoming environment, encouraging reservations and showcasing a gallery of the restaurant’s interior.

Financially, Reis Restaurants Ltd presents a mixed picture. Accumulated amortisation impairment for intangible assets increased by 50%, while depreciation on property, plant, and equipment also rose significantly—100% for furniture fittings and land buildings. Cash bank on hand dropped by a considerable 58%, falling to £5,000. Creditors increased by 10%, reaching £400,000, and loans from directors rose 19% to £370,000. However, current assets saw a 20% increase to £62,000. Net assets declined to -£130,000, a considerable drop. The company's small size—meeting two of three criteria for a small company—helps it remain flexible, but the decline in equity suggests a need for careful financial management. The accounts are unaudited, and no auditor is mentioned.

In short, Reis Restaurants Ltd appears to be navigating a period of change. While the restaurant’s website paints a picture of a thriving business, the financial data indicates a need for attention to cash flow and debt management.

Registered in England/Wales under the registration number 13767538, with a registered address at HA4 8JB, England, Ruislip, 85 High Street.

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