STARBUCKS COFFEE COMPANY (UK) LIMITED

1. STARBUCKS COFFEE COMPANY (UK) LIMITED 1998-09-01 → present
2. SEATTLE COFFEE COMPANY (UK) LIMITED 1994-11-16 → 1998-09-01
3. STRENDELL LIMITED 1994-08-16 → 1994-11-16

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have prepared forward-looking cash flow projections and, based on the continued availability of the £70M revolving credit facility, the £30M capital injection received during the year, and the additional £60M capital contribution received from the parent company after the reporting date, together with the formal commitment of financial support from Starbucks Corporation for at least the next 12 months from the date of approval of these financial statements, have a reasonable expectation that the Company has adequate resources to meet its obligations and continue in operational existence for the foreseeable future. Accordingly, the going concern basis of preparation has been adopted.”

Group structure

1. STARBUCKS COFFEE COMPANY (UK) LIMITED · parent
   1. 23.5 Degrees Limited 100% · UK · Coffeehouse operations

Significant events

• “Following a comprehensive review of the EMEA company-operated retail footprint, the Group approved a one-time portfolio optimization initiative resulting in the planned closure of certain stores. The initiative was formally announced on 25 September 2025, prior to the year-end.”
• “Subsequent to the balance sheet date, the Company undertook an intra-group restructure of the 23.5 Degrees Group acquired in October 2024. Effective 23 February 2026, the Company entered into a Business Transfer Agreement with 23.5 Degrees Limited.”
• “On 20 February 2026, the Company received a £60 million capital contribution from Starbucks Coffee Holdings (UK) Limited to support liquidity requirements arising from trading pressures in FY24 and FY25, the store-closure programme, and the post-acquisition restructuring of the 23.5 Degrees Group.”

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

Filings

6

last 12 months

Capital events

3

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.

• Turnover

  +5.8%

  £525,618,000 → £556,279,000

• Cash

  +50.4%

  £19,760,000 → £29,728,000

• Net assets

  +1,281.3%

  £4,909,000 → £67,810,000

• Employees

  -4.4%

  5,596 → 5,352

• Operating profit

  -8.6%

  -£27,466,000 → -£29,829,000

• Profit before tax

  -17.1%

  -£35,234,000 → -£41,265,000

• Wages

  +8.3%

  £107,434,000 → £116,399,000

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