How much does Iberica Food & Culture Limited make?

Iberica Food & Culture Limited reported revenue of £9.1m and a loss of £844k in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does Iberica Food & Culture Limited have?

Iberica Food & Culture Limited reported an average of 184 employees in the year to 30 Sep 2023.

Is Iberica Food & Culture Limited profitable?

No — Iberica Food & Culture Limited reported a loss of £844k in the year to 30 Sep 2023.

Company No. 06256137 · Incorporated 23 May 2007

Iberica Food & Culture Limited

Registered name: IBERICA FOOD & CULTURE LIMITED

Iberica Food & Culture Limited made £9.1m revenue and a £844k loss in the year to 30 Sep 2023.

Iberica Food & Culture Limited’s revenue was £9.1m in the year to 30 Sep 2023, with a loss of £844k and 184 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: 19 yrs · since 2007
Type: Private Limited Company

Latest accounts · year to 30 Sep 2023

Key figures

IndependentDoing more with lessCash flow filed

Revenue

£9.1m

Growth ▲0.4%

Profit

−£844k

Growth —

Profit margin

−9.3%

Gross 71%

Employees

184

Change ▼14.8%

Profit / employee

−£4.6k

Revenue/employee £49.3k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9m	£9.1m
Cost of sales	£2.6m	£2.6m
Gross profit	£6.5m	£6.4m
Operating profit	−£125k	−£545k
Profit before tax	−£309k	−£827k
Profit after tax	−£305k	−£844k
Profit (best available)	−£305k	−£844k
Staff costs	£3.5m	£3.4m
Employees (average)	216	184
Ratios
Profit margin	−3.4%	−9.3%
Gross margin	71.6%	71%
Revenue per employee	£41.9k	£49.3k
Profit per employee	−£1.4k	−£4.6k
Growth (year on year)
Revenue growth	—	▲0.4%
Headcount growth	—	▼14.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£718k	£120k
Net assets	−£2.4m	−£3.2m
Fixed assets	£2.7m	£2.3m
Current assets	£1.5m	£775k
Debtors	£160k	£101k
Deferred income	£699k	£342k
Cash from operations	−£225k	−£154k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: −9.3%; Profit ÷ revenue.
Gross margin: 71%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £49.3k; Revenue ÷ average employees.
Profit per employee: −£4.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 25.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.1%; 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 −£3.2m
Cash at bank: ▼83%; Now £120k
Headcount: ▼15%; Now 184
Deferred income: ▼51%; Now £342k
Fixed assets: ▼13%; Now £2.3m

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 30 Sep 2023 (profit −£844k), 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.