CAFE DESTINO LIMITED
Company number 05676891 · Monitor this company
Executive summary
Cafe Destino Limited presents a mixed risk profile. The company retains substantial net assets of £1.57M and owns its freehold premises, providing meaningful asset backing and no immediate solvency concerns. However, the persistent erosion of shareholder value over three consecutive years—totalling approximately £1.35M—signals ongoing operational challenges that must be addressed. The unusually high "other debtors" balance of £796k requires urgent clarification as it dominates the balance sheet and is atypical for a restaurant operation. While the rate of losses appears to be moderating, without evidence of a return to profitability, the medium-term sustainability of the business remains uncertain.
Shareholders' funds
£1,543,846
Balance sheet as at 2026-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2006-01-16
- Employees
- 47 (2026 accounts · was 42 in 2025)
- Registered office
- 21-23 Church Street, Basingstoke, Hampshire, England, RG21 7QQ
- Postcode
- RG21 7QQ
- Capital
- 70 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2026-03-31
- Next due by
- 2027-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-01-16
- Next due by
- 2027-01-30
Nature of business (SIC)
- 56101 Licenced restaurants
Officers 3 current · 2 resigned
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 50 WEST STREET, FARNHAM, SURREY GU9 7DX | 2007-12-11 |
| MARQUESS COURT, 69 SOUTHAMPTON ROW, LONDON, WC1B 4ET | 2006-02-07 |
Among its peers
Top 5%
by shareholders' funds, of 219 similar companies in RG
Among the biggest employers among its local peers (47 staff).
Among the oldest 25% of its local peers, trading since 2006.
No.5 of the largest licenced restaurants companies in Reading →
Competitors Reading
This company ranks 5 among licenced restaurants in Reading.
The class of 2006
15%
of the 1,711 companies in this sector incorporated in 2006 are still active today; 82% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 1 title
- Freehold
- 1
- Most recent registration
- 2015-03-24
- Where
- Hampshire
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| HP574572 | Hampshire | Freehold | 2015-03-24 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.