How much does Leon Restaurants Limited make?

Leon Restaurants Limited reported revenue of £64.9m and a loss of £12.5m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Leon Restaurants Limited have?

Leon Restaurants Limited reported an average of 1,344 employees in the year to 31 Dec 2023.

Is Leon Restaurants Limited profitable?

No — Leon Restaurants Limited reported a loss of £12.5m in the year to 31 Dec 2023.

Company No. 05018441 · Incorporated 19 Jan 2004

Leon Restaurants Limited

Registered name: LEON RESTAURANTS LIMITED

Part of Febraro Limited group

Leon Restaurants Limited made £64.9m revenue and a £12.5m loss in the year to 31 Dec 2023.

Leon Restaurants Limited’s revenue grew 24% to £64.9m in the year to 31 Dec 2023, with a loss of £12.5m and 1,344 employees. The company is classified under “licensed restaurants” and is based in London; we hold 3 years of its filed accounts.

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

Status: Voluntary Arrangement
Location: London, London
Age: 22 yrs · since 2004
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The immediate parent undertaking of the Company is Asda Foodservices Limited, a company incorporated in England and Wales.”

Latest accounts · year to 31 Dec 2023

Key figures

Cash flow filed

Revenue

£64.9m

Growth ▲24.4%

Profit

−£12.5m

Growth —

Profit margin

−19.3%

Gross 63.9%

Employees

1,344

Change ▲14.6%

Profit / employee

−£9.3k

Revenue/employee £48.3k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	26 Dec 2021	25 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£37.5m	£52.2m	£64.9m
Cost of sales	£12.7m	£18.8m	£23.4m
Gross profit	£24.8m	£33.4m	£41.5m
Operating profit	—	−£12.6m	−£17.8m
Profit before tax	−£9.2m	−£13.3m	−£19.6m
Profit after tax	−£9.2m	−£14.9m	−£12.5m
Profit (best available)	−£9.2m	−£14.9m	−£12.5m
Staff costs	£15.7m	£18.4m	£22m
Employees (average)	715	1,173	1,344
Ratios
Profit margin	−24.6%	−28.6%	−19.3%
Gross margin	66.2%	64%	63.9%
Revenue per employee	£52.5k	£44.5k	£48.3k
Profit per employee	−£12.9k	−£12.7k	−£9.3k
Growth (year on year)
Revenue growth	—	▲39.1%	▲24.4%
Headcount growth	—	▲64.1%	▲14.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.6m	£3.5m	£555k
Net assets	£5.5m	−£9.4m	−£22m
Fixed assets	£13.3m	£22.1m	£11.4m
Current assets	£8.2m	£8.9m	£10.2m
Debtors	£449k	£582k	£415k
Deferred income	£5.8m	£7.5m	£8.7m
Cash from operations	—	−£13.1m	£13.9m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: −19.3%; Profit ÷ revenue.
Gross margin: 63.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £48.3k; Revenue ÷ average employees.
Profit per employee: −£9.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 17.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 13.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.6%; 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 −£22m
Cash at bank: ▼84%; Now £555k
Headcount: ▲15%; Now 1,344
Deferred income: ▲16%; Now £8.7m
Fixed assets: ▼48%; Now £11.4m

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

Corporate ownership

Group structure

Ownership chain

Febraro Limitedultimate parent75–100%
Leon Restaurants Limitedthis company

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

Subsidiaries (3)

Leon Grocery LimitedRev. £3.7m · Profit −£74.1k
Feedbritain LimitedFigures not disclosed
Leon Naturally Fast Food LimitedFigures not disclosed

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£12.5m), from the Companies House accounts bulk data published Sep 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.