How much does Chipotle Mexican Grill UK Limited make?

Chipotle Mexican Grill UK Limited reported revenue of £34.6m and a loss of £18.1m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Chipotle Mexican Grill UK Limited have?

Chipotle Mexican Grill UK Limited reported an average of 416 employees in the year to 31 Dec 2024.

Is Chipotle Mexican Grill UK Limited profitable?

No — Chipotle Mexican Grill UK Limited reported a loss of £18.1m in the year to 31 Dec 2024.

Company No. 06708087 · Incorporated 25 Sep 2008

Chipotle Mexican Grill UK Limited

Registered name: CHIPOTLE MEXICAN GRILL UK LIMITED

Part of Chipotle Mexican Grill Inc group

Chipotle Mexican Grill UK Limited made £34.6m revenue and a £18.1m loss in the year to 31 Dec 2024.

Chipotle Mexican Grill UK Limited’s revenue grew 31% to £34.6m in the year to 31 Dec 2024, with a loss of £18.1m and 416 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: Active
Location: London, London
Age: 18 yrs · since 2008
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 company is EMEA Tortilla Limited, a company registered in the United Kingdom. The ultimate parent company is Chipotle Mexican Grill Inc., a company registered in the United States”

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£34.6m

Growth ▲31.3%

Profit

−£18.1m

Growth —

Profit margin

−52.3%

Gross −4.7%

Employees

416

Change ▲15.2%

Profit / employee

−£43.5k

Revenue/employee £83.1k

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	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£26.3m	£34.6m
Cost of sales	£29.5m	£36.2m
Gross profit	−£3.1m	−£1.6m
Operating profit	−£11.9m	−£17m
Profit before tax	−£12.5m	−£18.1m
Profit after tax	−£12.5m	−£18.1m
Profit (best available)	−£12.5m	−£18.1m
Staff costs	£11.3m	£13m
Employees (average)	361	416
Ratios
Profit margin	−47.5%	−52.3%
Gross margin	−11.9%	−4.7%
Revenue per employee	£73k	£83.1k
Profit per employee	−£34.7k	−£43.5k
Growth (year on year)
Revenue growth	—	▲31.3%
Headcount growth	—	▲15.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.3m	£2.3m
Net assets	−£10.1m	−£807k
Fixed assets	£14.1m	£14.4m
Current assets	£5.4m	£5.8m
Debtors	£3.9m	£3.1m
Deferred income	£2.4m	£3.1m
Source	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −52.3%; Profit ÷ revenue.
Gross margin: −4.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £83.1k; Revenue ÷ average employees.
Profit per employee: −£43.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 41.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 9.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.1%; 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 −£807k
Cash at bank: ▲74%; Now £2.3m
Headcount: ▲15%; Now 416
Deferred income: ▲33%; Now £3.1m
Fixed assets: ▲2%; Now £14.4m

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

Chipotle Mexican Grill Inc (registered outside the UK register)ultimate parent75–100%
Emea Tortilla Limited75–100%
Chipotle Mexican Grill UK 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).

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 2024 (profit −£18.1m), from the Companies House accounts bulk data published Sep 2025. 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.