BOW STREET GROUP PLC

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. BOW STREET GROUP PLC 2025-09-09 → present
2. TASTY PLC 2006-06-19 → 2025-09-09
3. DIM TEA PLC 2006-05-23 → 2006-06-19

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

IFRS

Reporting scope

Consolidated group

Auditor

HaysMac LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future having evaluated any plausible risks and uncertainties they could reasonably anticipate. In reaching this conclusion the Directors have prepared cash flow forecasts to the end of December 2026 to include the positive impact of the Restructuring Plan.”

Group structure

1. BOW STREET GROUP PLC · parent
   1. Took Us a Long Time Limited 100% · England and Wales · operation of restaurants

Significant events

• “The Restructuring Plan was initiated on 9 April 2024, leading to the immediate closure of nine trading restaurants, followed by the closure of two more in May and one in September.”
• “In total, the reshaping of the estate resulted in the closure of 16 trading restaurants in 2024, being 1 dim t and 15 Wildwood.”
• “As part of the Restructuring Plan, a £750,000 secured loan, which converted to equity following shareholder approval on 22 July 2024, was invested into the Group.”
• “The Group entered a Time to Pay arrangement with HMRC in relation to PAYE and VAT arrears of £2.1m.”
• “Post year-end the Group reached a full and final settlement with its insurer for £2.5m (approximately £1.5m net of creditor costs and legal costs) in connection with a claim for breach of contract regarding insurance coverage for losses incurred in 2020, which was received on 8 January 2025.”
• “Three Wildwood restaurants were closed between January and March 2025 and a further lease assigned in May 2025.”
• “The Group paid off in full the residual HMRC debt early.”

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

Filings

17

last 12 months

Capital events

2

last 24 months

Officers appointed

2

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

  -21.9%

  £46,910,000 → £36,615,000

• Cash

  -21%

  £4,177,000 → £3,301,000

• Net assets

  +101.9%

  -£16,510,000 → £312,000

• Employees

  -22.1%

  1,036 → 807

• Operating profit

  +240.8%

  -£12,310,000 → £17,330,000

• Profit before tax

  +210.9%

  -£14,473,000 → £16,047,000

• Wages

  -18.1%

  £18,489,000 → £15,147,000

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