How much does Chopstix Stores Limited make?

Chopstix Stores Limited reported revenue of £8.8m and a loss of £1.9m in the year to 23 Apr 2023, according to its accounts filed at Companies House.

How many employees does Chopstix Stores Limited have?

Chopstix Stores Limited reported an average of 267 employees in the year to 23 Apr 2023.

Is Chopstix Stores Limited profitable?

No — Chopstix Stores Limited reported a loss of £1.9m in the year to 23 Apr 2023.

Company No. 13433275 · Incorporated 2 Jun 2021

Chopstix Stores Limited

Registered name: CHOPSTIX STORES LIMITED

Part of QSRP UK Ltd group

Chopstix Stores Limited made £8.8m revenue and a £1.9m loss in the year to 23 Apr 2023.

Chopstix Stores Limited’s revenue grew 813% to £8.8m in the year to 23 Apr 2023, with a loss of £1.9m and 267 employees. The company is classified under “licensed restaurants” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56101Licensed restaurants

Status: Active - Proposal to Strike off
Location: London, London
Age: 5 yrs · since 2021
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 23 Apr 2023

Key figures

Revenue

£8.8m

Growth ▲813%

Profit

−£1.9m

Growth —

Profit margin

−22.1%

Gross 72.7%

Employees

267

Change ▲641.7%

Profit / employee

−£7.3k

Revenue/employee £32.8k

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 to	24 Apr 2022	23 Apr 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£960k	£8.8m
Cost of sales	£259k	£2.4m
Gross profit	£700k	£6.4m
Operating profit	−£568k	−£2.2m
Profit after tax	−£1.1m	−£1.9m
Profit (best available)	−£1.1m	−£1.9m
Employees (average)	36	267
Ratios
Profit margin	−110.8%	−22.1%
Gross margin	73%	72.7%
Revenue per employee	£26.7k	£32.8k
Profit per employee	−£29.5k	−£7.3k
Growth (year on year)
Revenue growth	—	▲813%
Headcount growth	—	▲641.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£121k	£426k
Net assets	−£1.1m	−£3m
Fixed assets	£2.1m	£4.6m
Current assets	£604k	£1.2m
Debtors	£54.6k	£176k
Deferred income	£312k	£1.3m
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024

Derived from the latest filing

How the business works

Profit margin: −22.1%; Profit ÷ revenue.
Gross margin: 72.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £32.8k; Revenue ÷ average employees.
Profit per employee: −£7.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 52.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 14.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2%; 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 −£3m
Cash at bank: ▲251%; Now £426k
Headcount: ▲642%; Now 267
Deferred income: ▲303%; Now £1.3m
Fixed assets: ▲122%; Now £4.6m

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

QSRP UK Ltdultimate parent50–75%
Chopstix Group Ltd75–100%
Chopstix Stores Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (3)

Chopstix Restaurant LimitedRev. £18.7m · Profit −£218k
Chopstix Trading LimitedActive - Proposal to Strike offRev. £13.4m · Profit £1.7m
Chopstix Brand (Europe) LtdRev. £1.5m · Profit £959k

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 23 Apr 2023 (profit −£1.9m), from the Companies House accounts bulk data published May 2024. 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.