The Lebanese restaurant owner deferred all rent payments for the three months to June, postponed all non-essential capital expenditure, including a new site opening, and cut directors’ salaries.
The governmental business rates relief will save the firm £1.4mln over 12 months.
The owner of Comptoir Libanais and Shawa restaurants is also applying for state support to pay furloughed employees.
In the year to 31 December, revenue dipped 3% to £33mln due to temporary extended closures for refurbishment at three London sites.
Loss before tax narrowed 20% to £520,000, while cash at year-end was £5mln.
The firm said it will not recommend a dividend in line with previous years.
Shares rose 4% to 3.89p on Tuesday at the opening bell.
Published at Tue, 21 Apr 2020 07:14:00 +0000-Comptoir Group in “reasonably healthy” cash position as restaurants remain shut during coronavirus pandemic