NAVARAC LTD

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

Consolidated group

Auditor

HaysMac LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As a result of the modelling performed, and based on the ability of the Group to preserve cash, the support of its suppliers, bankers and landlords, the directors have a reasonable expectation that the Company and the Group have adequate resources to continue in operational existence for the next 12 months. Therefore, they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. NAVARAC LTD · parent
   1. Goldstar Brand Limited 100% · England and Wales · restaurant operator
   2. Metal Box Traders Limited 100% · England and Wales · restaurant operator
   3. The Good Oil Limited 100% · England and Wales · restaurant operator

Significant events

• “Manchester restaurant launch our 1st location outside of London”
• “Completion of share buy-back from minority investors”
• “successfully opened our 9th restaurant, and first outside of London, in the St John's district of Manchester in August 2024”
• “At the date of signing these accounts we had exchanged contracts on our next two sites our largest site to date in a bustling central London location, and our second regional site.”

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

Filings

9

last 12 months

Capital events

4

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +8.8%

  £24,417,282 → £26,555,375

• Cash

  +65.9%

  £2,187,495 → £3,629,591

• Net assets

  -97.5%

  £3,976,910 → £100,882

• Employees

  +0.9%

  470 → 474

• Operating profit

  -195.7%

  £822,278 → -£786,996

• Profit before tax

  -275%

  £603,474 → -£1,056,148

• Wages

  +6.3%

  £9,738,099 → £10,348,956

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