Richoux Group, the AIM-listed restaurant operator, said it expects to report a loss for the year to 25 December 2011, as it moves to reduce its 15-strong estate. The group said it expects the loss to be broadly in line, before any new impairments or provisions are recognized, with that reported for the half year ended 10 July 2011. This stood at £2.5m. It currently has cash resources of approximately £400,000, which it expects to increase in the short term once the disposal of its freehold central kitchen, announced last September, completes. The company currently operates 14 restaurants under the Richoux, Dean’s Diner, Villagio and Zippers brands, and has a further site that is currently closed. It expects to close and dispose of one Dean's Diner site over the next month along with the site, which is currently closed. A further Dean's Diner site is being marketed for sale The group, which was formerly known as Gourmet Holdings, said that these disposals would reduce the overall number of restaurants operated to 12. It said that no new restaurant openings were currently committed to. Last month, the group appointed Ed Standring, formerly of Relish Restaurants, as managing director. Standring was managing director of Relish, which operated the Café Pasta and French Kitchen brands, for over seven years. Previous to that he was an operations director at Spirit Group for six years.