EMEA TORTILLA LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  -72.7%

  £4,611,732 → £1,260,714

• Net assets

  +26%

  £68,171,752 → £85,910,248

• Employees

  —

  Not reported

• Operating profit

  +113.4%

  -£6,246,655 → £835,701

• Profit before tax

  +145.6%

  -£5,143,496 → £2,344,302

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The Company's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the Company should be able to manage business risk successfully. The US Parent company has pledged continued financial support to EMEA Tortilla Limited. After making enquiries and considering the potential future impact of rising interest rates, inflation, energy costs, and costs generally across the wider economy, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least 12 months from the date of authorisation of these financial statements. The Directors therefore continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. EMEA TORTILLA LIMITED · parent
   1. Chipotle Mexican Grill UK Limited 100% · United Kingdom · operating fast casual restaurants under the Chipotle brand
   2. Chipotle Mexican Grill Germany GmbH 100% · Germany · operating fast casual restaurants under the Chipotle brand
   3. Chipotle Mexican Grill Canada Corp. 100% · Canada · operating fast casual restaurants under the Chipotle brand
   4. Chipotle Mexican Grill France SAS 100% · France · operating fast casual restaurants under the Chipotle brand

Significant events

• “We opened three new UK restaurants and one additional restaurant in France in 2024. There has been 1 more store opening in the UK as of the date of this report. No other openings are currently scheduled to be opened in 2025 within the UK, France, or Germany. We had one store closure in the UK and one closure in France for the year ended December 31, 2024.”
• “In February 2025, 3,540,487 ordinary shares were issued for a nominal value of €1.35 each.”
• “In September 2025, 5,709,454 ordinary shares were issued for a nominal value of €1.35 each.”

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

Filings

16

last 12 months

Capital events

3

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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