Splendid Restaurants (Colonel) Ltd
Registered name: SPLENDID RESTAURANTS (COLONEL) LTD
Part of Splendid Holdings Ltd groupSplendid Restaurants (Colonel) Ltd made £31.5m revenue and a £2.1m loss in the year to 29 Dec 2024.
Splendid Restaurants (Colonel) Ltd’s revenue fell 2% to £31.5m in the year to 29 Dec 2024, with a loss of £2.1m and 1,019 employees. The company is classified under “take-away food shops and mobile food stands” and is based in Watford; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Watford, East of England
- Age
- 10 yrs · since 2016
- 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 | 25 Dec 2022 | 24 Dec 2023 | 29 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £30.2m | £32m | £31.5m |
| Cost of sales | £24.3m | £25.9m | £23.5m |
| Gross profit | £5.9m | £6m | £8m |
| Operating profit | −£2.6m | −£2.7m | −£1.1m |
| Profit before tax | −£3.3m | −£4.3m | −£2.6m |
| Profit after tax | −£3m | −£3.5m | −£2.1m |
| Profit (best available) | −£3m | −£3.5m | −£2.1m |
| Staff costs | £8.1m | £8.6m | £7.6m |
| Employees (average) | 730 | 785 | 1,019 |
| Ratios | |||
| Profit margin | −9.9% | −10.8% | −6.8% |
| Gross margin | 19.7% | 18.8% | 25.3% |
| Revenue per employee | £41.4k | £40.8k | £30.9k |
| Profit per employee | −£4.1k | −£4.4k | −£2.1k |
| Growth (year on year) | |||
| Revenue growth | — | ▲5.9% | ▼1.8% |
| Headcount growth | — | ▲7.5% | ▲29.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.2m | £5.5m | £2.3m |
| Net assets | −£8.6m | −£12m | −£14.2m |
| Fixed assets | £8.1m | £7.5m | £5.9m |
| Current assets | £17.6m | £21.4m | £17.9m |
| Debtors | £16.1m | £14.8m | £15.4m |
| Deferred income | £1.5m | £1.8m | £2m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −6.8%
- Profit ÷ revenue.
- Gross margin
- 25.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £30.9k
- Revenue ÷ average employees.
- Profit per employee
- −£2.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 18.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 48.8%
- 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
- —
- Now −£14.2m
- Cash at bank
- ▼57%
- Now £2.3m
- Headcount
- ▲30%
- Now 1,019
- Deferred income
- ▲7%
- Now £2m
- Fixed assets
- ▼21%
- Now £5.9m
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
- Splendid Holdings Ltdultimate parent75–100%
- Splendid Real Estate Limited75–100%
- Splendid Restaurants (Colonel) Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Splendid Restaurants (Harland) LimitedRev. £42.4m · Profit −£1.5m
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 29 Dec 2024 (profit −£2.1m), 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.