
SOUTH West burger chain Hub Box has been severely hit by constantly rising prices and has announced a £1.256m loss. The Cornwall-headquartered company, which has large restaurants in Plymouth and Exeter, had to ask shareholders to inject nearly £500,000 into the business to get it through this winter and defer paying some of its bills.
The business has put a stop on opening any new restaurants for now and has also been stuck with an empty Devon unit it now isn’t going to turn into an eatery but still has to pay rent on. However, Hub Box Ltd’s annual report and financial statements for 2022 revealed the restaurants remain popular and turnover rose to £14.88m from £12.32m in 2021. But the company made a pretax loss of £1.148m, up from a loss of £282,000 the year before. The overall loss for the financial year was £1.256m.
Diese Geschichte stammt aus der January 19, 2024-Ausgabe von The Herald.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der January 19, 2024-Ausgabe von The Herald.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden

Trump hails Zelensky letter
DONALD Trump has said he appreciates Volodymyr Zelensky's letter saying Ukraine is ready to sign a minerals agreement \"at any time\" after the deal broke down last week.

Slade ditched by England
ENGLAND have dropped Henry Slade and Marcus Smith in a dramatic shake-up of the backline for Sunday's Guinness Six Nations clash with Italy at Allianz Stadium.

Kilty hangs up his spikes at 35
Former 60 metres world and European indoor champion Richard Kilty has announced his retirement from athletics.

Betrayal of Ukraine will cost lives
WINSTON Churchill and Teddy Roosevelt must be turning in their graves.
Young people will have their say on how cash is spent
YOUNG people will be given a say on how they think money should be spent in their area, as part of the Government's national youth strategy.

VERSATILE ACCOMMODATION
This well presented mid-terrace property offers accommodation over four floors, and is situated in the Mannamead area of Plymouth.

Emma wary of being alone after stalking
EMMA Raducanu feels her ordeal with a stalker could have been dealt with better by tennis authorities and is now wary of being on her own.

WHAT'S THE STOREY?
Even a flat's small balcony can become an outdoor reading haven. HANNAH STEPHENSON finds out how

Newberry and Gale see off their close rivals
IN Ladies A Sue Gale and Sue Newberry played their nearest rivals, Nicky Slight and Jess Randell, and it turned out to be a very close affair with the two Sues coming out on top - just.

Fears rapist targeted 50 more women
A Chinese PhD student convicted of drugging and raping 10 women in London and China is feared to have targeted more than 50 other potential victims.