BILLS RESTAURANTS LTD.

1. BILLS RESTAURANTS LTD. 2012-06-14 → present
2. BILLS PRODUCE STORE LIMITED 2004-06-21 → 2012-06-14

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having assessed the financial forecasts and possible mitigating actions, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the next 12 months from the date of approval of these accounts. Therefore, they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “Subsequent to the period end, the expiry date of the facility, was extended for a further 36 months through to March 2028. As part of the renewed facility, £0.5m is repayable quarterly from the renewal date until March 2028. The facility was also altered to be in the name of the Bills Restaurants Limited as opposed to the parent company. An arranged overdraft of £2m has also been agreed by the company.”
• “Additional sites were opened in Milton Keynes and Street, with plans to open further sites next year. The business also began discussions with strategic partners to explore other revenue-generating opportunities.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +1.2%

  £95,263,000 → £96,389,000

• Cash

  +81%

  £1,882,000 → £3,407,000

• Net assets

  +9.3%

  -£24,559,000 → -£22,282,000

• Employees

  -5.7%

  2,414 → 2,277

• Operating profit

  -35.6%

  £3,734,000 → £2,403,000

• Profit before tax

  -33.3%

  £3,412,000 → £2,277,000

• Wages

  +0.8%

  £40,466,000 → £40,794,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers