Finix Restaurants Limited in Nottingham, NG9 7GZ

Description

Data updated on: 01-11-2023

Finix Restaurants began its operations in 2016 as a Private Limited Company under the ID 10168597. This company has been operating for eight years and the present status is active. This firm's headquarters is situated in Nottingham at 2 Guy Close. Anyone could also find this business using the postal code of NG9 7GZ. The enterprise's declared SIC number is 56102 and their NACE code stands for Unlicensed restaurants and cafes. Sat, 31st Dec 2022 is the last time account status updates were reported.

For the following company, just about all of director's responsibilities have so far been done by Fiona N. who was designated to this position in 2016 in May.

Fiona N. is the individual who has control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	255 083	717 384	885 156	1 334 808	2 716 897	3 178 507	2 591 534
Current Assets	278 641	768 992	946 771	1 428 692	2 798 078	3 280 722	2 782 894
Debtors	9 978	30 347	27 886	40 300	18 382	36 774	95 547
Net Assets Liabilities	24 142	92 950	127 662	336 749	762 570	1 935 792	1 705 130
Property Plant Equipment	517 433	470 818	399 273	1 183 366	978 643	1 217 486	1 385 253
Total Inventories	13 580	21 261	33 729	53 584	62 799	65 441	95 813

Other Financial Data
Audit Fees Expenses					2 150	2 150	2 150
Accrued Liabilities Not Expressed Within Creditors Subtotal	-60 572
Accumulated Amortisation Impairment Intangible Assets	1 026	3 077	5 128	7 440	12 685	68 578	181 763
Accumulated Depreciation Impairment Property Plant Equipment	39 374	120 783	206 929	307 620	522 608	784 450	1 123 908
Additional Provisions Increase From New Provisions Recognised						51 906
Additions Other Than Through Business Combinations Intangible Assets	41 019			62 610	761	1 110 847	1 248 422
Additions Other Than Through Business Combinations Property Plant Equipment	556 807	34 794	14 601	884 784	10 265	500 685	507 225
Administration Support Average Number Employees				17	18	18	18
Administrative Expenses	575 419			5 489 711	5 534 295	8 054 430	8 418 826
Amortisation Expense Intangible Assets				2 312	5 245	55 893	113 185
Amounts Owed To Related Parties		190 900	223 900	248 078	277 488	302 430	316 339
Amount Specific Bank Loan				996 428	1 015 668	1 874 563
Applicable Tax Rate				19	19	19	19
Average Number Employees During Period	131	211	213	388	392	494	509
Balances With Banks				1 087 829	2 584 692	2 926 300	2 218 605
Bank Borrowings				783 582	780 610	1 336 241	1 924 220
Cash Cash Equivalents				1 334 808	2 716 897	3 178 507	2 591 534
Cash Cash Equivalents Cash Flow Value			885 156	1 334 808	2 716 897	3 178 507
Cash On Hand				11 515	11 515	11 500	11 500
Comprehensive Income Expense	29 042			249 087	465 821
Cost Sales				6 782 194	7 494 270	10 609 276	11 905 873
Creditors	369 998	308 630	246 988	783 582	780 610	1 336 241	1 924 220
Current Tax For Period					42 120	230 726
Deferred Tax Asset Debtors							53 771
Deferred Tax Assets							53 771
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws							59 592
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				55 795	68 274	51 906	46 574
Deferred Tax Liabilities					149 814	201 724	302 069
Depreciation Amortisation Expense				103 003	220 233	317 735	452 643
Depreciation Expense Property Plant Equipment				100 691	214 988	261 842	339 458
Dividend Per Share Interim				40 000	40 000	400	400
Dividends Paid	-5 000			-40 000	-40 000	-40 000	-40 000
Dividends Paid Classified As Financing Activities				-40 000	-40 000	-40 000	-40 000
Financial Assets					5 000	5 000	5 000
Financial Commitments Other Than Capital Commitments	161 304	398 904	398 904	831 492
Fixed Assets	558 676	511 260	437 664	1 283 305	1 075 348	2 369 145	3 672 149
Further Item Creditors Component Total Creditors					104 589
Future Minimum Lease Payments Under Non-cancellable Operating Leases				15 323 054	14 489 284	12 712 258	11 940 766
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				-371 042	-576 564	521 130	-429 440
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				12 414	-21 918	18 392	5 002
Gain Loss In Cash Flows From Change In Inventories				19 855	9 215	2 642	30 372
Government Grant Income					685 881	46 494
Gross Profit Loss	616 009			5 791 530	5 443 695	9 532 292	8 318 238
Income Taxes Paid Refund Classified As Operating Activities				20 134		42 120	230 726
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				449 652	1 382 089	461 610	-586 973
Increase Decrease In Existing Provisions					68 274		100 345
Increase From Amortisation Charge For Year Intangible Assets	1 026	2 051	2 051	2 312	5 245	55 893	113 185
Increase From Depreciation Charge For Year Property Plant Equipment	39 374	81 409	86 146	100 691	214 988	261 842	339 458
Intangible Assets	39 993	37 942	35 891	96 189	91 705	1 146 659	2 281 896
Intangible Assets Gross Cost	41 019	41 019	41 019	103 629	104 390	1 215 237	2 463 659
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings				7 418	22 879	28 518	62 062
Interest Income On Bank Deposits					223	16
Interest Paid Classified As Financing Activities				-7 418	-22 879	-28 518	-62 062
Interest Paid Classified As Operating Activities				7 418	22 879	28 518	62 062
Interest Payable Similar Charges Finance Costs				7 418	22 879	28 518	62 062
Interest Received Classified As Investing Activities					223	16
Interest Received Classified As Operating Activities					223	16
Issue Equity Instruments	100
Minimum Operating Lease Payments Recognised As Expense				2 234 636	2 009 898	2 949 934	2 746 589
Net Cash Flows From Used In Financing Activities				664 354	-14 229	815 319	634 717
Net Cash Flows From Used In Investing Activities				-948 644	-12 053	-1 611 516	-1 755 647
Net Cash Flows From Used In Operating Activities				733 942	1 408 371	1 257 807	533 957
Net Cash Generated From Operations				754 076	1 408 371	1 299 927	764 683
Net Cash Inflow Outflow From Operations Before Movements In Working Capital				415 303	819 104	1 842 091	370 617
Net Current Assets Liabilities	-156 643	-85 775	-37 265	-81 430	617 650	1 104 612	259 270
Number Shares Issued Fully Paid				100	100	100	100
Other Creditors		105 027	149 331	232 050	6 091	1 322	1 551
Other Employee Expense				34 260	30 269	30 884	25 860
Other Interest Receivable Similar Income Finance Income	-3 655				223	16
Other Inventories				53 584	62 799	65 441	95 813
Other Operating Income Format1				10 481	689 471	46 494	18 562
Other Payables Accrued Expenses				229 283	253 992	257 835	311 250
Other Remaining Operating Income				10 481	3 590		18 562
Par Value Share					1	1	1
Pension Costs Defined Contribution Plan				31 750	40 264	41 358	53 384
Prepayments		26 181	27 886	40 300	18 382	36 774	41 776
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal	9 978
Production Average Number Employees				371	374	476	491
Profit Loss	29 042			249 087	465 821	1 213 222	-190 662
Profit Loss On Ordinary Activities Before Tax	36 935			304 882	576 215	1 495 854	-144 088
Property Plant Equipment Gross Cost	556 807	591 601	606 202	1 490 986	1 501 251	2 001 936	2 509 161
Provisions				81 544	149 818	201 724	302 069
Provisions For Liabilities Balance Sheet Subtotal	7 893	23 905	25 749	81 544	149 818	201 724	302 069
Purchase Intangible Assets				-62 610	-761	-1 110 847	-1 248 422
Purchase Property Plant Equipment				-884 784	-10 265	-500 685	-507 225
Revenue From Rendering Services				185 661	196 920	280 310	263 085
Revenue From Sale Goods				12 388 063	13 164 292	19 861 258	19 961 026
Short-term Deposits Classified As Cash Equivalents				235 464	120 690	240 707	361 429
Social Security Costs				139 121	170 151	175 057	205 412
Staff Costs Employee Benefits Expense				3 559 144	4 429 174	5 109 035	5 446 377
Taxation Social Security Payable		218 956	242 337	300 643	426 889	358 489	650 324
Tax Decrease From Utilisation Tax Losses				99 224	-99 224
Tax Expense Credit Applicable Tax Rate				57 928	109 481	284 212	-27 377
Tax Increase Decrease From Effect Capital Allowances Depreciation				-158 613	99 271	-13 301	-7 973
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				1 461	866	11 721	22 332
Tax Increase Decrease From Other Short-term Timing Differences				55 795	68 274
Tax Tax Credit On Profit Or Loss On Ordinary Activities	7 893			55 795	110 394	282 632	46 574
Total Assets Less Current Liabilities	462 605	425 485	400 399	1 201 875	1 692 998	3 473 757	3 931 419
Total Borrowings		308 630	246 988	783 582	780 610	1 336 241	1 924 220
Total Operating Lease Payments				6 671	1 693
Trade Creditors Trade Payables		278 267	306 622	516 505	937 070	481 450	562 308
Trade Debtors Trade Receivables		4 166
Turnover Revenue				12 573 724	13 361 212	20 141 568	20 224 111
Unpaid Contributions To Pension Schemes				1 843	1 720	5 536	8 639
Wages Salaries				3 354 013	4 188 490	4 861 736	5 161 721
Director Remuneration				9 174	8 631	7 913	8 632

Company staff

Fiona N.

Role: Director

Appointed: 07 May 2016

Latest update: 16 April 2024

People with significant control

Fiona N.

Notified on 31 December 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	20 May 2024
Confirmation statement last made up date	06 May 2023

Annual Accounts
Start Date For Period Covered By Report	2016-05-07
End Date For Period Covered By Report	2016-12-31
Annual Accounts
Start Date For Period Covered By Report	2017-01-01
End Date For Period Covered By Report	2017-12-31
Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	2018-12-31
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Finix Restaurants Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Fiona N.

People with significant control

Fiona N.

Accounts Documents

Company filings

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