• This story has been updated here. Tasty PLC has confirmed that the Hampstead dim t is not at risk of closure, contrary to earlier reports. 

A pan-Asian restaurant in Hampstead could soon be disappearing from the high street.

According to the Daily Mail, Tasty PLC, the owner of Dim T and Wildwood restaurants, is to shut around 20 loss-making venues.

Dim T in Heath Street, which was the first of the chain’s restaurant to open, is one of those at risk of closure.

Tasty currently operates 43 Wildwoods and six Dim-T pan-Asian restaurants, as well as two non-trading sites and three sub-let venues. 

But the restaurant group has now said it plans to have only 30 open by the end of the year.

It said the decision comes after a “challenging” start to the year, with its financial performance continuing to be “inhibited by tail of underperforming sites”.

It also announced that to fund the restructure, the company has reached a loan agreement with Bet365 shareholder Will Roseff for up to £750,000. 

A spokesperson said: "The use of a restructuring plan is considered the most effective means to reorganise the group to return it to profitability and secure its long-term future which should change the financial viability, profitability profile and long-term prospects of the group."