SYDNEY FOOD LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +7%

  £18,066,675 → £19,328,468

  highest in 6 filed years

• Cash

  +59.6%

  £1,021,307 → £1,630,097

• Net assets

  +78.7%

  £333,234 → £595,518

• Employees

  -11%

  374 → 333

• Operating profit

  +120%

  £247,537 → £544,518

  highest in 6 filed years

• Profit before tax

  +425.9%

  £76,621 → £402,940

  highest in 6 filed years

• Wages

  +6.8%

  £6,763,011 → £7,223,830

  highest in 6 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. SYDNEY FOOD LIMITED 2011-02-02 → present
2. ELLIOTT GRANGER RESTAURANT LIMITED 2010-11-17 → 2011-02-02

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Sopher + Co LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared forecasts which indicate that the company will be able to meet its liabilities as they fall due for a period of at least 12 months from the approval of the financial statements. These projections take a prudent view of the expected trade across the period despite the closure of the Clerkenwell restaurant in April 2025. The directors therefore have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “On 13 April 2025, one of the restaurant site ceased trading which was prompted by the landlord's plans to redevelop the building. All affected employees were supported through the transition and relocated into the remaining existing locations. The company's strategy is to focus on its remaining higher-performing locations and to further improve operational efficiency while seeking other opportunities. The Directors do not expect this closure to have any further material adverse effect on the company's long-term financial performance.”
• “After the financial year end, the Company surrendered the lease of its Clerkenwell restaurant. The closure decision was prompted by the Landlord's plans to re-develop the building. Trading from this outlet ceased on 13 April 2025. As a result of this closure, the Company reviewed the assets held in relation to this site. Redeployment of the associated assets was considered and effected where possible. The Company determined that the residual net book value of the branch's fixtures and fittings of £286,656 was not recoverable. This amount will be fully written off in the subsequent financial year and will be reflected as an exceptional charge in the that period's financial statements.”
• “On 27 January 2025 the company granted an option to acquire 125 shares at an exercise price of £70.57 per share.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.