YUM! III (UK) LIMITED

• ◆

  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

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 102

Reporting scope

Standalone (parent only)

Auditor

Blick Rothenberg Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis, which assumes the Company will be able. to meet its liabilities as they fall due, for the foreseeable future. The directors have concluded that it is appropriate to adopt the going concern basis, having undertaken an assessment of the financial forecasts for the 12 month period after the approval of these financial statements.”

Group structure

1. YUM! III (UK) LIMITED · parent
   1. Pizza Hut HSR Advertising Ltd 100% · UK
   2. Gotham Newco 4 Ltd 100% · UK
   3. PH Restaurant Holdings GmbH 100% · Germany
   4. Pizza Hut Delivery Germany GmbH 100% · Germany

Significant events

• “a former franchise partner going into administration, resulting in significant expense linked to the write off of receivables and fees tied to that exit process.”
• “the Company has issued further share capital in 2025 to fund a facility arrangement to support a franchise partner.”
• “During the year, the Company recognised an exceptional bad debt expense relating to trade receivables as well as legal fees for one of its franchise partners.”
• “During the year, the Company also made an additional contribution to its Germany subsidiary to support the final stages of liquidation. The original investment was disposed of in 2024.”
• “On 31 March 2025, the Company issued 1 ordinary share to its immediate parent company, Yum! Restaurant Holdings, for total consideration of £19,299,058. The share issue was primarily to enable the Company to provide a facility agreement to support the growth of franchisee operations.”

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

1

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -4.7%

  £21,978,000 → £20,941,000

• Cash

  -70.8%

  £15,622,000 → £4,566,000

• Net assets

  -29.3%

  £16,549,000 → £11,706,000

• Employees

  —

  Not reported

• Operating profit

  -423.7%

  -£1,062,000 → -£5,562,000

• Profit before tax

  -1,159.2%

  -£412,000 → -£5,188,000

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