GONG CHA LIMITED

1. GONG CHA LIMITED 2020-07-01 → present
2. GC GROUP TOPCO LIMITED 2019-06-26 → 2020-07-01

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors are confident that the Company and Group will have sufficient funds to continue to meet its liabilities as they fall due, and meet its financial covenants, for a period of at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. GONG CHA LIMITED · parent
   1. GC Group Holdco Limited 1% · UK · Non-trading holding company
   2. GC Group Midco Limited 1% · UK · Non-trading holding company
   3. Gong cha Global Limited 1% · UK · Franchisor of the Gong cha franchise network
   4. Gong cha Korea Co Ltd 1% · South Korea · Non-alcoholic beverages
   5. Gong cha International Co Ltd 1% · Taiwan · Speciality tea distributor
   6. Gong cha Japan Co Ltd 1% · Japan · Non-alcoholic beverages
   7. Gong cha Americas Inc. 1% · USA · Non-alcoholic beverages
   8. Gong cha USA Inc. 1% · USA · Non-trading company
   9. GC Naperville, IL, LLC 1% · USA · Non-alcoholic beverages
   10. GC West Sheridan, LLC 1% · USA · Dormant
   11. GC State Street, LLC 1% · USA · Non-alcoholic beverages
   12. GC North Lincoln, LLC 1% · USA · Dormant
   13. Gong cha USA Franchising LLC 1% · USA · USA Franchisor
   14. Gong cha USA Product Supplier LLC 1% · USA · Provision of raw materials

Significant events

• “In March 2025, Gong cha USA Franchising, LLC ("GCF"), being franchisor for US business, signed an Asset Purchase Agreement to acquire the business (including cash, stock, receivables, contracts, team etc.) of Gong Cha CA Franchise, LLC ("GCCA") which is a master franchisee of the State of California, USA ("Region").”
• “Besides, Gong cha Korea Co., Limited signed a new loan facility agreement in Jan 2025 with facility amount of approximately $3.4 million and fully drew down it to enhance the Group's cash resources and continue investment in our Korean business unit.”

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

Filings

12

last 12 months

Capital events

2

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

  +6.2%

  £131,772,424 → £139,941,438

• Cash

  -16.9%

  £18,021,497 → £14,968,125

• Net assets

  -17.6%

  £64,609,340 → £53,240,919

• Employees

  -0.5%

  770 → 766

• Operating profit

  +105.4%

  £8,557,450 → £17,579,689

• Profit before tax

  +119.3%

  -£7,249,073 → £1,399,555

• Wages

  +5.5%

  £19,914,010 → £21,009,637

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