Skip to content
CompanySight
Company No. 10188849 · Incorporated 19 May 2016

Pasta Evangelists Ltd

Registered name: PASTA EVANGELISTS LTD

Pasta Evangelists Ltd made £33.2m revenue and a £16.4m loss in the year to 31 Dec 2024.

Pasta Evangelists Ltd’s revenue grew 3% to £33.2m in the year to 31 Dec 2024, with a loss of £16.4m and 382 employees. The company is classified under “manufacture of prepared meals and dishes” and is based in London; we hold 2 years of its filed accounts.

Status
Active
Location
London, London
Age
10 yrs · since 2016
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentDoing more with less
Revenue
£33.2m
Growth ▲2.9%
Profit
−£16.4m
Growth —
Profit margin
−49.4%
Gross 59.5%
Employees
382
Change ▼4.7%
Profit / employee
−£43k
Revenue/employee £86.9k
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 to31 Dec 202331 Dec 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£32.2m£33.2m
Cost of sales£16.5m£13.4m
Gross profit£15.7m£19.8m
Operating profit−£11.6m−£11.5m
Profit before tax−£14.7m−£16.4m
Profit after tax−£14.7m−£16.4m
Profit (best available)−£14.7m−£16.4m
Staff costs£11.1m£12.8m
Employees (average)401382
Ratios
Profit margin−45.5%−49.4%
Gross margin48.7%59.5%
Revenue per employee£80.4k£86.9k
Profit per employee−£36.6k−£43k
Growth (year on year)
Revenue growth—▲2.9%
Headcount growth—▼4.7%
Balance sheet — indirect signals, not revenue
Cash at bank£383k£995k
Net assets−£29.7m−£45.9m
Fixed assets£24.6m£23.4m
Current assets£3.7m£4.6m
Debtors£1.1m£1.3m
Deferred income£1.2m£2.9m
SourceFullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
−49.4%
Profit ÷ revenue.
Gross margin
59.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£86.9k
Revenue ÷ average employees.
Profit per employee
−£43k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
70.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
8.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
3.8%
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 −£45.9m
Cash at bank
▲159%
Now £995k
Headcount
▼5%
Now 382
Deferred income
▲148%
Now £2.9m
Fixed assets
▼5%
Now £23.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£16.4m), 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.