How much does Patty & Bun Ltd make?

Patty & Bun Ltd reported revenue of £10.5m and a loss of £2.2m in the year to 27 Nov 2022, according to its accounts filed at Companies House.

How many employees does Patty & Bun Ltd have?

Patty & Bun Ltd reported an average of 204 employees in the year to 27 Nov 2022.

Is Patty & Bun Ltd profitable?

No — Patty & Bun Ltd reported a loss of £2.2m in the year to 27 Nov 2022.

Company No. 07836434 · Incorporated 7 Nov 2011

Patty & Bun Ltd

Registered name: PATTY & BUN LTD

Part of Patty Nominees Ltd group

Patty & Bun Ltd made £10.5m revenue and a £2.2m loss in the year to 27 Nov 2022.

Patty & Bun Ltd’s revenue grew 28% to £10.5m in the year to 27 Nov 2022, with a loss of £2.2m and 204 employees. The company is classified under “unlicensed restaurants and cafes” and is based in Borehamwood; we hold 2 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56102Unlicensed restaurants and cafes

Status: In Administration
Location: Borehamwood, East of England
Age: 14 yrs · since 2011
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 parent company Patty & Bun Holdings Ltd and its registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH. The smallest and largest group undertaking in which the company's r”

Latest accounts · year to 27 Nov 2022

Key figures

Revenue

£10.5m

Growth ▲28.3%

Profit

−£2.2m

Growth —

Profit margin

−20.6%

Gross 49.9%

Employees

204

Change —

Profit / employee

−£10.6k

Revenue/employee £51.4k

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	28 Nov 2021	27 Nov 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£8.2m	£10.5m
Cost of sales	£2.8m	£5.2m
Gross profit	£5.4m	£5.2m
Operating profit	−£52.8k	−£2m
Profit before tax	−£53.3k	−£2.2m
Profit after tax	−£56.8k	−£2.2m
Profit (best available)	−£56.8k	−£2.2m
Staff costs	£3.5m	£4.7m
Employees (average)	—	204
Ratios
Profit margin	−0.7%	−20.6%
Gross margin	65.8%	49.9%
Revenue per employee	—	£51.4k
Profit per employee	—	−£10.6k
Growth (year on year)
Revenue growth	—	▲28.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£404k	£147k
Net assets	£1.7m	−£484k
Fixed assets	£2.7m	£2.9m
Current assets	£1.9m	£1.7m
Debtors	£204k	£303k
Deferred income	£298k	£803k
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024

Derived from the latest filing

How the business works

Profit margin: −20.6%; Profit ÷ revenue.
Gross margin: 49.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £51.4k; Revenue ÷ average employees.
Profit per employee: −£10.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 27.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.9%; 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: ▼129%; Now −£484k
Cash at bank: ▼64%; Now £147k
Headcount: —; Now 204
Deferred income: ▲170%; Now £803k
Fixed assets: ▲7%; Now £2.9m

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

Patty Nominees Ltdultimate parent50–75%
Patty & Bun Holdings Ltd75–100%
Patty & Bun Ltdthis company

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

Sister companies (1)

JG1 LimitedLiquidationFigures not disclosed

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 27 Nov 2022 (profit −£2.2m), from the Companies House accounts bulk data published Jan 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.