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Company No. 02177931 · Incorporated 13 Oct 1987

Gusto Restaurants Limited

Registered name: GUSTO RESTAURANTS LIMITED

Part of Palatine Private Equity LLP group

Gusto Restaurants Limited made £26.7m revenue and a £4.5m loss in the year to 30 Sep 2023.

Gusto Restaurants Limited’s revenue grew 10% to £26.7m in the year to 30 Sep 2023, with a loss of £4.5m and 644 employees. The company is classified under “licensed restaurants” and is based in Manchester; we hold 4 years of its filed accounts.

Status
In Administration
Location
Manchester
Age
39 yrs · since 1987
Type
Private Limited Company
Latest accounts · year to 30 Sep 2023

Key figures

Revenue
£26.7m
Growth ▲10.3%
Profit
−£4.5m
Growth —
Profit margin
−17%
Gross 6%
Employees
644
Change ▲5.2%
Profit / employee
−£7k
Revenue/employee £41.4k
Profitable streak
0yrs
Consecutive profitable years in our data
4 filed years

Financial history

Multi-year financials, oldest to newest
Year to25 Sep 202125 Sep 202230 Sep 202230 Sep 2023
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£12.4m£24.2m£24.2m£26.7m
Cost of sales−£9.6m−£21.8m−£21.8m−£25.1m
Gross profit£2.8m£2.4m£2.4m£1.6m
Operating profit−£401k−£242k−£242k−£2.7m
Profit before tax−£891k−£558k−£558k−£3.3m
Profit after tax£526k−£390k−£390k−£4.5m
Profit (best available)£526k−£390k−£390k−£4.5m
Employees (average)457612612644
Ratios
Profit margin4.2%−1.6%−1.6%−17%
Gross margin22.7%9.7%9.7%6%
Revenue per employee£27.2k£39.5k£39.5k£41.4k
Profit per employee£1.2k−£637−£637−£7k
Growth (year on year)
Revenue growth—▲94.9%—▲10.3%
Profit growth—▼174.1%——
Headcount growth—▲33.9%—▲5.2%
Balance sheet — indirect signals, not revenue
Net assets————
SourceAccounts · bulk data Oct 2023Accounts · bulk data Oct 2023Accounts · bulk data Dec 2024Accounts · bulk data Dec 2024
Derived from the latest filing

How the business works

Profit margin
−17%
Profit ÷ revenue.
Gross margin
6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£41.4k
Revenue ÷ average employees.
Profit per employee
−£7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
—
Now —
Cash at bank
—
Now —
Headcount
▲5%
Now 644
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Palatine Private Equity LLPultimate parent50–75%
  2. Grtopco Limited75–100%
  3. Gruk Limited75–100%
  4. Gusto Restaurants Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Sources

Latest figures from accounts for the year to 30 Sep 2023 (profit −£4.5m), from the Companies House accounts bulk data published Dec 2024. Spotted an error? Request a correction.

Updated from Companies House on 19 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.