How much does Busaba Eathai Limited make?

Busaba Eathai Limited reported revenue of £21.1m and a loss of £1.8m in the year to 17 Sep 2023, according to its accounts filed at Companies House.

How many employees does Busaba Eathai Limited have?

Busaba Eathai Limited reported an average of 395 employees in the year to 17 Sep 2023.

Is Busaba Eathai Limited profitable?

No — Busaba Eathai Limited reported a loss of £1.8m in the year to 17 Sep 2023.

Company No. 04956194 · Incorporated 6 Nov 2003

Busaba Eathai Limited

Registered name: BUSABA EATHAI LIMITED

Busaba Eathai Limited made £21.1m revenue and a £1.8m loss in the year to 17 Sep 2023.

Busaba Eathai Limited’s revenue was £21.1m in the year to 17 Sep 2023, with a loss of £1.8m and 395 employees. The company is classified under “licensed restaurants” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56101Licensed restaurants

Status: In Administration
Location: London, London
Age: 22 yrs · since 2003
Type: Private Limited Company

Latest accounts · year to 17 Sep 2023

Key figures

IndependentCash flow filed

Revenue

£21.1m

Growth ▼0.4%

Profit

−£1.8m

Growth —

Profit margin

−8.6%

Gross 40.1%

Employees

395

Change ▲5.6%

Profit / employee

−£4.6k

Revenue/employee £53.4k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	18 Sep 2022	17 Sep 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£21.2m	£21.1m
Cost of sales	£12.7m	£12.6m
Gross profit	£8.5m	£8.4m
Operating profit	−£1.4m	£56.4k
Profit before tax	−£3.1m	−£1.8m
Profit after tax	−£3.1m	−£1.8m
Profit (best available)	−£3.1m	−£1.8m
Staff costs	£7.5m	£7.5m
Employees (average)	374	395
Ratios
Profit margin	−14.6%	−8.6%
Gross margin	40.1%	40.1%
Revenue per employee	£56.6k	£53.4k
Profit per employee	−£8.3k	−£4.6k
Cash conversion	—	310.5%
Growth (year on year)
Revenue growth	—	▼0.4%
Headcount growth	—	▲5.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£2k	£1.8k
Net assets	−£24.3m	−£26.1m
Fixed assets	£4m	£3.1m
Current assets	£1.9m	£2.2m
Debtors	£360k	£335k
Deferred income	£3m	£3m
Cash from operations	£724k	£175k
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024

Derived from the latest filing

How the business works

Profit margin: −8.6%; Profit ÷ revenue.
Gross margin: 40.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £53.4k; Revenue ÷ average employees.
Profit per employee: −£4.6k; Profit ÷ average employees.
Cash conversion: 310.5%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 14.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 14.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.6%; 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 −£26.1m
Cash at bank: ▼12%; Now £1.8k
Headcount: ▲6%; Now 395
Deferred income: ▲0%; Now £3m
Fixed assets: ▼23%; Now £3.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 17 Sep 2023 (profit −£1.8m), from the Companies House accounts bulk data published Apr 2024. Spotted an error? Request a correction.

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