Better Taste Holding 2 Ltd
Registered name: BETTER TASTE HOLDING 2 LTD
Part of Karali Investments Limited groupBetter Taste Holding 2 Ltd made £153m revenue and a £42.9m loss in the year to 29 Sep 2024.
Better Taste Holding 2 Ltd’s revenue grew 3% to £153m in the year to 29 Sep 2024, with a loss of £42.9m. The company is classified under “activities of other holding companies” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 6 yrs · since 2020
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 24 Sep 2022 | 24 Sep 2023 | 29 Sep 2023 | 29 Sep 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £0 | £0 | £149m | £153m |
| Cost of sales | £0 | £0 | −£97.4m | −£99.4m |
| Gross profit | £0 | £0 | £51.4m | £53.8m |
| Operating profit | −£2.3m | −£71k | −£20.6m | −£32.7m |
| Profit before tax | −£8.8m | −£7.7m | −£28.1m | −£42.9m |
| Profit after tax | −£8.8m | −£7.7m | −£28.1m | −£42.9m |
| Profit (best available) | −£8.8m | −£7.7m | −£28.1m | −£42.9m |
| Employees (average) | — | — | — | — |
| Ratios | ||||
| Profit margin | — | — | −18.9% | −28% |
| Gross margin | — | — | 34.5% | 35.1% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲2.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | — | — | — | — |
| Source | Accounts · bulk data Jul 2024 | Accounts · bulk data Jul 2024 | Accounts · bulk data Jan 2026 | Accounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −28%
- Profit ÷ revenue.
- Gross margin
- 35.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Karali Investments Limitedultimate parent75–100%
- Better Taste Holding 2 Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Cote Deliveries LtdFigures not disclosed
- Cote Restaurant Group LtdFigures not disclosed
- Greenfield Food Supply LtdFigures not disclosed
Sister companies (4)
- Cote Broadgate LimitedFigures not disclosed
- Karali Leisure LimitedFigures not disclosed
- Karali QSR LimitedFigures not disclosed
- Karali Snacks LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 29 Sep 2024 (profit −£42.9m), from the Companies House accounts bulk data published Jan 2026. 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.