ITSU [GROCERY] LTD
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Cash
£4.8m
+78.5% highest in 3 filed years
Net assets
£22m
+98% highest in 3 filed years
Employees
109
+18.5% highest in 3 filed years
Profit before tax
£13m
+401.8% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-01-01
| Metric | Trend | 2023-12-28 | 2025-01-02 | 2026-01-01 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £47,528,000 | £56,988,000 | £75,801,000 | +33% | |
| Operating profit | £1,964,000 | £2,524,000 | £12,496,000 | +395.1% | |
| Profit before tax | £1,955,000 | £2,497,000 | £12,531,000 | +401.8% | |
| Net profit | £2,635,000 | £3,154,000 | £10,645,000 | +237.5% | |
| Cash | £3,190,000 | £2,714,000 | £4,845,000 | +78.5% | |
| Total assets less current liabilities | £12,746,000 | £18,331,000 | £21,505,000 | +17.3% | |
| Net assets | £7,706,000 | £10,860,000 | £21,505,000 | +98% | |
| Equity | £7,706,000 | £10,860,000 | £21,505,000 | +98% | |
| Average employees | 75 | 92 | 109 | +18.5% | |
| Wages | £5,750,000 | £5,491,000 | £7,670,000 | +39.7% | |
| Directors' remuneration | £488,000 | £521,000 | £615,000 | +18% | |
| Directors' pension contributions | £42,000 | £34,000 | £56,000 | +64.7% | |
| Highest paid director | £133,000 | £174,000 | £241,000 | +38.5% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-28 | 2025-01-02 | 2026-01-01 |
|---|---|---|---|---|
| Operating margin | 4.1% | 4.4% | 16.5% | |
| Net margin | 5.5% | 5.5% | 14.0% | |
| Return on capital employed | 15.4% | 13.8% | 58.1% | |
| Gearing (liabilities / total assets) | 62.4% | 56.4% | 31.4% | |
| Current ratio | 2.60x | 3.74x | 3.14x | |
| Interest cover | 53.08x | 37.67x | — |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- ITSU [GROCERY] LTD 2016-06-01 → present
- METCALFE'S FOOD COMPANY LIMITED 2011-01-26 → 2016-06-01
- METCALFE'S SKINNY TOPCORN COMPANY LIMITED 2008-05-20 → 2011-01-26
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors continue to adopt the going concern basis in preparing the Company financial statements. A going concern assessment is prepared for the ultimate parent entity, Butterfly 21 Topco Limited and its subsidiaries (together 'the group'). The directors have received a letter of support from Butterfly 21 Topco Limited, which supports the Company operating as a going concern, on the basis that it will continue to make available such funds that are required by the Company and that it will not seek repayment of any amounts currently due to the parent or other members of the group.”
Group structure
- ITSU [GROCERY] LTD · parent
- itsu [grocery] Europe B.V. 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PRETTYS SOLICITORS LLP | Corporate Secretary | 2017-10-01 | — | — |
| FORD, Christopher | Director | 2023-03-02 | Aug 1983 | British |
| METCALFE, Julian Edward | Director | 2008-05-20 | Dec 1959 | British |
| SANTAGADA, Claudia | Director | 2016-06-01 | Apr 1987 | Italian |
| SCHLEE, Clive Edward Benedict | Director | 2017-09-01 | Mar 1959 | British |
| TYERS, Aidan St John | Director | 2023-03-02 | Jun 1987 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| H S (NOMINEES) LIMITED | Corporate Secretary | 2008-05-20 | 2017-10-01 |
| COHEN, Adrian Simon | Director | 2016-08-01 | 2017-09-01 |
| JAKOBI, Robert Samuel | Director | 2011-03-08 | 2015-10-07 |
| SCHOEN, Serge Francois | Director | 2017-09-01 | 2021-06-10 |
| TRENDELL, Camilla Thorsager | Director | 2016-08-01 | 2020-07-28 |
| ZIFF, Matthew | Director | 2009-02-01 | 2009-08-20 |
| SDG REGISTRARS LIMITED | Corporate Director | 2008-05-20 | 2008-05-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Butterfly 21 Bidco Limited | Corporate entity | Shares 75–100% | 2021-12-17 | Active |
| Itsu Limited | Corporate entity | Shares 75–100% | 2019-07-02 | Ceased 2021-12-17 |
| Itsu (Grocery) Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2019-07-02 |
Filing timeline
Last 20 of 95 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-07 | AA | accounts | Accounts with accounts type full | |
| 2026-07-13 | CH04 | officers | Change corporate secretary company with change date | |
| 2026-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-04 | AA | accounts | Accounts with accounts type full | |
| 2025-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-12 | AA | accounts | Accounts with accounts type full | |
| 2024-07-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-30 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-05-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-25 | AA | accounts | Accounts with accounts type full | |
| 2023-05-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-05-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-02 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full | |
| 2022-05-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-03-04 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.