NINE FOOD GROUP LIMITED

• ⚠

  Insolvency history on file

  Companies House holds prior insolvency events for this company. Detail and outcome on the official register.

• ⚠

  Annual accounts overdue

  Due 2026-03-31.

• ⚠

  Confirmation statement overdue

  Due 2026-05-20.

• ◆

  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

  -1.6%

  £23,979,351 → £23,592,547

• Cash

  -66.4%

  £1,088,992 → £366,145

• Net assets

  -259.5%

  -£356,304 → -£1,280,842

  lowest in 5 filed years

• Employees

  -9.2%

  665 → 604

• Operating profit

  -23.3%

  -£593,558 → -£731,622

  lowest in 3 filed years

• Profit before tax

  -17.2%

  -£735,445 → -£861,772

  lowest in 3 filed years

• Wages

  -1.6%

  £7,985,711 → £7,859,968

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. NINE FOOD GROUP LIMITED 2021-02-23 → present
2. NINE HOTEL 2019 LIMITED 2019-08-19 → 2021-02-23

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Menzies LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Bank loans have been recognised as due within one year due to a covenant breach. The bank waived the covenant breach post year end but retained the right to recall the debt at their discretion. This has contributed to the net current liabilities held by the company at the year end. The company continued to receive support from the previous parent company, Chadha Capital Investments Limited up to the date of sale to Directional Pizza Ltd on 16 December 2024. At this time the bank loans and previous group loans were repaid in full. Under new ownership, the directors have developed a 5 year plan to operate profitably and therefore continue to adopt the going concern basis of accounting preparing the annual financial statements.”

Significant events

• “On 16 December 2024, 100% of the share capital of Nine Food Group Limited was sold to Directional Pizza Ltd, an independent third party. Since the year end, the bank loans have been repaid in full.”

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

Filings

9

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.