Pizza Pilgrims Ltd
Registered name: PIZZA PILGRIMS LTD
Part of Naples Bidco Limited groupPizza Pilgrims Ltd made £34.4m revenue and a £240k loss in the year to 30 Jun 2024.
Pizza Pilgrims Ltd’s revenue grew 20% to £34.4m in the year to 30 Jun 2024, with a loss of £240k and 480 employees. The company is classified under “licensed restaurants” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 13 yrs · since 2012
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 26 Jun 2022 | 25 Jun 2023 | 30 Jun 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £21m | £28.7m | £34.4m |
| Cost of sales | £12.4m | £16.8m | £20m |
| Gross profit | £8.6m | £11.9m | £14.4m |
| Operating profit | −£283k | £781k | −£18.1k |
| Profit before tax | −£334k | £714k | −£121k |
| Profit after tax | −£471k | £398k | −£240k |
| Profit (best available) | −£471k | £398k | −£240k |
| Staff costs | £8.6m | £11.1m | £14m |
| Employees (average) | 354 | 416 | 480 |
| Ratios | |||
| Profit margin | −2.2% | 1.4% | −0.7% |
| Gross margin | 41.1% | 41.5% | 42% |
| Revenue per employee | £59.4k | £69k | £71.6k |
| Profit per employee | −£1.3k | £957 | −£500 |
| Cash conversion | — | 238.3% | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲36.6% | ▲19.8% |
| Profit growth | — | — | ▼160.2% |
| Headcount growth | — | ▲17.5% | ▲15.4% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2.1m | £599k | £153k |
| Net assets | £4.1m | £4.5m | £4.4m |
| Fixed assets | £6.8m | £8.5m | £9.8m |
| Current assets | £3.8m | £3.2m | £2.7m |
| Debtors | £140k | £194k | £393k |
| Deferred income | £730k | £1.1m | £866k |
| Cash from operations | £2m | £1.9m | £1.7m |
| Source | Accounts · bulk data Jun 2024 | Accounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2025 |
How the business works
- Profit margin
- −0.7%
- Profit ÷ revenue.
- Gross margin
- 42%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £71.6k
- Revenue ÷ average employees.
- Profit per employee
- −£500
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 28.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.1%
- Money owed by customers. Low = customers pay quickly.
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
- ▼3%
- Now £4.4m
- Cash at bank
- ▼75%
- Now £153k
- Headcount
- ▲15%
- Now 480
- Deferred income
- ▼24%
- Now £866k
- Fixed assets
- ▲15%
- Now £9.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Naples Bidco Limitedultimate parent75–100%
- Pizza Pilgrims Ltdthis 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).
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2024 (profit −£240k), from the Companies House accounts bulk data published Jun 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.