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Company No. 08776727 · Incorporated 15 Nov 2013

Ichiban UK Limited

Registered name: ICHIBAN UK LIMITED

Part of Woolpit Business Parks Limited group

Ichiban UK Limited made £29.6m revenue and a £1.8m loss in the year to 27 Sep 2024.

Ichiban UK Limited’s revenue fell 4% to £29.6m in the year to 27 Sep 2024, with a loss of £1.8m and 342 employees. The company is classified under “manufacture of other food products” and is based in Bury ST. Edmunds; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 10890Manufacture of other food products n.e.c.
Status
Active
Location
Bury ST. Edmunds, East of England
Age
12 yrs · since 2013
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.

Latest accounts · year to 27 Sep 2024

Key figures

Capital-lightCash flow filed
Revenue
£29.6m
Growth ▼4.2%
Profit
−£1.8m
Growth —
Profit margin
−6.1%
Gross 29.1%
Employees
342
Change ▼3.4%
Profit / employee
−£5.3k
Revenue/employee £86.6k
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 to30 Sep 202229 Sep 202327 Sep 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£32.2m£30.9m£29.6m
Cost of sales£23m£21.6m£21m
Gross profit£9.2m£9.3m£8.6m
Operating profit−£357k−£229k−£1.7m
Profit before tax−£418k−£350k−£1.8m
Profit after tax−£380k−£350k−£1.8m
Profit (best available)−£380k−£350k−£1.8m
Staff costs£10.6m£11.1m£11.8m
Employees (average)349354342
Ratios
Profit margin−1.2%−1.1%−6.1%
Gross margin28.4%30.1%29.1%
Revenue per employee£92.2k£87.4k£86.6k
Profit per employee−£1.1k−£990−£5.3k
Growth (year on year)
Revenue growth—▼3.9%▼4.2%
Headcount growth—▲1.4%▼3.4%
Balance sheet — indirect signals, not revenue
Cash at bank£44.8k£651k£29k
Net assets£3.3m£3m£1.2m
Fixed assets£2.1m£1.9m£1.7m
Current assets£6.5m£5.9m£3.9m
Debtors£3.7m£3.1m£2.2m
Deferred income£919k£601k£1m
Cash from operations−£480k£1.5m−£161k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
−6.1%
Profit ÷ revenue.
Gross margin
29.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£86.6k
Revenue ÷ average employees.
Profit per employee
−£5.3k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
5.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
3.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
7.5%
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
▼61%
Now £1.2m
Cash at bank
▼96%
Now £29k
Headcount
▼3%
Now 342
Deferred income
▲72%
Now £1m
Fixed assets
▼13%
Now £1.7m

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

  1. Woolpit Business Parks Limitedultimate parent75–100%
  2. Ichiban 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

Latest figures from FullAccounts for the year to 27 Sep 2024 (profit −£1.8m), 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.