BEAP RESTAURANTS LIMITED

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

BCD Accountants Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis. At the balance sheet date the business was in a net current liability position, however the business continues to generate cash to finance its working capital requirements. On the basis that the business continues to remain cash generative, the directors consider it appropriate to prepare the financial statements on the going concern basis.”

Significant events

• “Turnover is down by 3.98% from £36,486,327 to £35,033,468. The decrease is attributable to two factors, firstly a 2 month closure of one of the restaurants operated by the business whilst a major refurbishment was carried out, and secondly as a general decline in retails sales in the high street affecting number of customers visiting the restaurants operated by the business.”
• “Operating profit margins have decreased from 2.6% in 2023 to 0.80% in 2024. The benefit from the improved gross margin has been eroded by higher labour costs relative to turnover, and that is the main reason for the fall in operating profit margin.”
• “Shareholders funds at the year end are £163,328 compared to £617,792 at the end of 2023.”
• “The performance of the UK economy, particularly in the second half of the year, was sluggish and that had a knock on effect to high street for traffic which contributed to the reduction in turnover.”

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

Filings

2

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

  -4%

  £36,486,327 → £35,033,468

• Cash

  +9.1%

  £2,117,969 → £2,309,796

• Net assets

  -73.6%

  £617,792 → £163,328

• Employees

  -7.7%

  896 → 827

• Operating profit

  -69.5%

  £947,505 → £289,342

• Profit before tax

  -85.2%

  £765,754 → £113,348

• Wages

  +0.5%

  £9,005,902 → £9,053,469

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