Tortilla Mexican Grill has suspended its shares on the London Stock Exchange’s AIM market after failing to meet its deadline for publishing 2025 annual results.
The hospitality operator cited the need for additional time to address significant accounting issues that have plagued the company in recent months.
The suspension follows the revelation last month that the company had to restate its financials by £2.5 million due to an accounting blunder.
The delay pushes back the release of its latest financial data beyond the June 30 deadline, leaving investors without updated visibility into the chain’s performance and liquidity position.
This development marks the latest escalation in a period of intense scrutiny for the Mexican-themed restaurant group.
The accounting restatement has raised questions about internal controls and governance, prompting regulators and investors to demand greater transparency.