Overview

• Companies House documents attribute much of the Knightsbridge 2024 loss to £6.6 million in exceptional charges tied to U.S. asset impairments.
• Group reserves declined from £8.1 million in 2023 to £2.3 million most recently, signaling tightening financial headroom.
• Five of seven U.S. restaurants have shut over the past two years, including Beverly Hills in June, leaving only two locations operating.
• A company spokesperson described the closures as a shift toward international growth, saying, “We tried some markets. Some worked, others did not.”
• London's outlet faces poor online ratings and price backlash, with TripAdvisor at about 2.9 out of 5 and reports of steaks priced up to £1,450, while Milan’s Brera site remains open but draws split reviews.