NERO HOLDINGS LIMITED

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  Insolvency history on file

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

1. NERO HOLDINGS LIMITED 1997-09-16 → present
2. CAREBUY LIMITED 1996-12-05 → 1997-09-16

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which assumes that the Company will be able to meet its liabilities as they fall due for the foreseeable future. The directors have looked out to November 2026 to make their going concern assessment, being the period over which there is the most visibility.”

Group structure

1. NERO HOLDINGS LIMITED · parent
   1. Harris and Hoole Limited 100% · UK · Coffee retail
   2. Aroma Limited 100% · UK · Coffee retail
   3. Caffè Nero Ireland Limited 100% · Ireland · Coffee retail
   4. Vitaplex Limited 100% · UK · Holding
   5. Mobile Coffee Carts.com Limited 100% · UK · Coffee retail
   6. FCB (Holdings) Limited 100% · UK · Coffee retail

Significant events

• “In October 2024, the Company acquired UK brand FCB; a London-based coffee business which operates across 11 locations in travel hubs in London and the South-East of the UK. It provides a specialty coffee offering which gives commuters the option of purchasing high-quality coffee while in transit.”
• “In 2023 Caffè Nero launched The Nero Book Awards, one of the most prestigious awards in the UK and Ireland literary calendar, and described by The Times newspaper as "one of Britain and Ireland's greatest literary prizes".”
• “Submissions for the 2024 Nero Book Awards opened in July 2024, with The Nero Gold Prize, the overall Book of the year award, announced as Maurice and Maralyn by Sophie Elmhirst, awarded in March 2025.”
• “The Company is part of a group which had provided an unlimited cross guarantee in favour of the bankers of an intermediate parent, The Nero Group Ltd, in the prior year covering the term loans of The Nero Group Ltd and certain subsidiaries.”

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.

• Turnover

  +9.8%

  £333,295,000 → £365,951,000

• Cash

  +27.8%

  £6,112,000 → £7,809,000

• Net assets

  +5.5%

  £370,434,000 → £390,798,000

• Employees

  -3.6%

  5,714 → 5,508

• Operating profit

  0%

  £27,285,000 → £27,287,000

• Profit before tax

  -3.1%

  £22,576,000 → £21,870,000

• Wages

  +9.7%

  £103,691,000 → £113,784,000

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