Ichiban UK Limited
Registered name: ICHIBAN UK LIMITED
Part of Woolpit Business Parks Limited groupIchiban 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.
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 29 Sep 2023 | 27 Sep 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full 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) | 349 | 354 | 342 |
| Ratios | |||
| Profit margin | −1.2% | −1.1% | −6.1% |
| Gross margin | 28.4% | 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 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
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.
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.
Group structure
Ownership chain
- Woolpit Business Parks Limitedultimate parent75–100%
- 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).
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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.