WASABI CO. LTD
Get an alert when WASABI CO. LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£2.2m
Latest balance sheet
Net assets
-£36m
Equity attributable
Employees
1,122
Average over period
Profit before tax
-£1.1m
Period ending 2025-12-27
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Insolvency history on file
Companies House holds prior insolvency events for this company. Detail and outcome on the official register.
-
Negative shareholders' funds
Net assets
2-year trend · vs Consumer Staples median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-27
| Metric | Trend | 2024-12-28 | 2025-12-27 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £121,666,215 | £125,110,185 | — | |
| Operating profit | £2,628,956 | -£471,677 | — | |
| Profit before tax | £2,238,298 | -£1,116,099 | — | |
| Net profit | £1,869,037 | -£1,265,327 | — | |
| Cash | £1,648,954 | £2,215,505 | — | |
| Total assets less current liabilities | £12,311,120 | £17,306,268 | — | |
| Net assets | -£34,874,800 | -£36,140,127 | — | |
| Equity | -£34,874,800 | -£36,140,127 | — | |
| Average employees | 1,186 | 1,122 | — | |
| Wages | £32,408,731 | £33,238,608 | — | |
| Directors' remuneration | £648,887 | £651,632 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing covers about 12 months versus 12 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-28 | 2025-12-27 |
|---|---|---|---|
| Operating margin | 2.2% | -0.4% | |
| Net margin | 1.5% | -1.0% | |
| Return on capital employed | 21.4% | -2.7% | |
| Current ratio | 0.78x | 0.85x | |
| Interest cover | 1.57x | -0.23x |
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.”
Significant events
- “One of our highest performing sites at Liverpool Street Station was closed for 10 months in 2025 for relocation to a new larger site in Liverpool Street Station, which impacted overall sales.”
- “In November 2025, the factory in Park Royal had its third full BRC audit (internationally recognised food safety & quality assessment) achieving its third consecutive Grade A rating, further validating the standards of the team and the facility.”
- “Due to the refinancing on the 7th of November 2025, £2m of term loan amortization payments were refinanced and are no longer payable within 1 year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BIRTS, Henry | Director | 2020-06-09 | Nov 1971 | British |
| BUCKINGHAM, John | Director | 2023-06-02 | Mar 1972 | Swiss,American |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KIM, Hee Sun | Secretary | 2002-05-03 | 2010-12-22 |
| O'MAHONEY, Mark | Secretary | 2020-12-14 | 2022-11-24 |
| PARK, Jinhee | Secretary | 2011-02-23 | 2020-12-14 |
| FORM 10 SECRETARIES FD LTD | Corporate Nominee Secretary | 2002-05-03 | 2002-05-09 |
| CONDON, Michael Francis | Director | 2004-05-26 | 2005-02-04 |
| CROSBY, Henry Ashton | Director | 2022-11-24 | 2023-06-02 |
| KIM, Dong Hyun | Director | 2002-05-03 | 2022-04-26 |
| LORIJN, Niels Carl Alexander | Director | 2022-11-24 | 2023-06-02 |
| O'MAHONEY, Mark | Director | 2020-06-09 | 2022-11-24 |
| FORM 10 DIRECTORS FD LTD | Corporate Nominee Director | 2002-05-03 | 2002-05-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Paul Elliott Singer | Individual | Appoints directors, Significant influence (as firm) | 2023-03-01 | Active |
| Mr Dong Hyun Kim | Individual | Shares 75–100% | 2016-04-06 | Ceased 2016-04-06 |
| Wasabi Sushi Bento Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 250 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-29 | AA | accounts | Accounts with accounts type full | |
| 2026-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-25 | AA | accounts | Accounts with accounts type full | |
| 2025-06-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-24 | AA | accounts | Accounts with accounts type full | |
| 2024-09-19 | AA01 | accounts | Change account reference date company previous shortened | |
| 2024-04-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-15 | AA | accounts | Accounts with accounts type full | |
| 2023-06-13 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-22 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-05-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-04-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-03-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-03-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-03-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-03-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.