MEXICAN GRILL LTD
Get an alert when MEXICAN GRILL LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-29
Confirmation statement due
2027-04-14 (in 11mo)
Last made up 2026-03-31
Watchouts
Cash
£2M
Latest balance sheet
Net assets
£3M
Equity attributable
Employees
1,098
Average over period
Profit before tax
-£744K
Period ending 2024-12-29
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-29
| Metric | Trend | 2023-12-31 | 2024-12-29 |
|---|---|---|---|
| Turnover | £59,293,441 | £58,860,232 | |
| Operating profit | -£1,245,077 | -£411,339 | |
| Profit before tax | -£1,482,668 | -£743,614 | |
| Net profit | -£1,811,391 | -£726,337 | |
| Cash | £1,503,620 | £1,907,050 | |
| Total assets less current liabilities | £7,334,878 | £10,903,194 | |
| Net assets | £3,446,815 | £2,675,085 | |
| Equity | £3,446,815 | £2,675,085 | |
| Average employees | 1,139 | 1,098 | |
| Wages | £17,994,476 | £19,545,009 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-29 |
|---|---|---|---|
| Operating margin | -2.1% | -0.7% | |
| Net margin | -3.1% | -1.2% | |
| Return on capital employed | -17.0% | -3.8% | |
| Current ratio | 0.56x | 0.92x | |
| Interest cover | -4.62x | -0.86x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- HaysMac LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- MEXICAN GRILL LTD · parent
- Mexican Grill International Franchise Limited 100%
- California Grill Ltd 100%
Significant events
- “2024 has been a year of significant progress for Tortilla, marking a return to sector outperformance in the UK and laying the foundation for growth across Europe, with the Groups acquisition of Fresh Burritos.”
- “Andy Naylor took over as CEO in March 2024, and launched the Vital Five strategy.”
- “In June 2025 the Company completed a refinancing agreement with banking provider Santander, allowing access to a further facility of £2.5m, increasing the facility from £10m to £12.5m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HALEY, Richard Austin | Director | 2026-03-31 | Jul 1971 | British |
| STEPHENS, Brandon Borg | Director | 2005-09-05 | May 1973 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BENCHAFFAI, Nadine | Secretary | 2005-11-10 | 2008-05-01 |
| MORENO, Cara | Secretary | 2005-09-05 | 2005-11-08 |
| ROEBUCK, Jennifer, Mrs. | Secretary | 2008-05-01 | 2014-04-30 |
| WILLIAMS, James | Secretary | 2014-04-30 | 2017-06-30 |
| BENCHAFFAI, Nadine | Director | 2005-11-24 | 2009-10-30 |
| CAMPBELL, Paul Adam | Director | 2009-11-01 | 2021-09-29 |
| DENNY, Maria Anna Katarina | Director | 2024-03-08 | 2025-09-30 |
| DOUGHTY, Jonathan Mark | Director | 2007-07-06 | 2009-11-20 |
| GOAD, Ralf | Director | 2016-04-20 | 2017-12-23 |
| HALEY, Richard Austin | Director | 2025-10-09 | 2026-03-31 |
| KHANBHAI, Ali | Director | 2015-11-24 | 2017-02-16 |
| KHANBHAI, Ali | Director | 2011-12-15 | 2012-04-24 |
| LAGADEC, Loeiz | Director | 2017-11-07 | 2025-01-31 |
| MORRIS, Richard John | Director | 2014-07-23 | 2024-03-31 |
| NAYLOR, Andrew Philip | Director | 2018-04-30 | 2026-02-06 |
| PATEL, Aarish, Mr. | Director | 2009-11-11 | 2021-09-29 |
| ROWLAND, Robin | Director | 2012-04-27 | 2015-11-24 |
| STRAIN, Axelle Marie | Director | 2011-12-15 | 2016-04-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tortilla Mexican Grill Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-09-10 | Active |
| Qs Direct Si 2 S.C.A., Sicar | Corporate entity | Shares 25–50% | 2016-09-05 | Ceased 2016-09-05 |
Filing timeline
Last 20 of 228 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-20 | AA | accounts | Accounts with accounts type full | |
| 2025-11-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-12 | AA | accounts | Accounts with accounts type full | |
| 2023-04-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-10 | AA | accounts | Accounts with accounts type full | |
| 2022-04-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-04-22 | CH01 | officers | Change person director company with change date | |
| 2022-04-21 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-04-21 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-29 vs 2023-12-31