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Cash

£10m

USD 13,568,000

-42% lowest in 3 filed years

Net assets

-£35m

USD -46,958,000

-49.9% lowest in 3 filed years

Employees

941

+12.7% highest in 3 filed years

Profit before tax

-£13m

USD -17,372,000

+21.4% highest in 3 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £108,903,010£135,992,568£159,684,132 +17.4%
Operating profit -£20,594,575-£11,869,194-£9,114,084 +23.2%
Profit before tax -£24,208,844-£16,425,121-£12,911,185 +21.4%
Net profit -£24,280,193-£17,347,454-£13,032,330 +24.9%
Cash £11,818,655£17,379,413£10,083,984 -42%
Total assets less current liabilities £21,738,387£17,574,136-£783,352 -104.5%
Net assets -£7,919,732-£23,289,483-£34,900,037 -49.9%
Equity -£7,919,732-£23,289,483-£34,900,037 -49.9%
Average employees 847835941 +12.7%
Wages £23,183,946£23,823,114£28,313,638 +18.8%
Directors' remuneration £58,714£83,240£78,038 -6.2%

Figures converted to GBP from USD at 0.743 per USD (Frankfurter spot rate) — hover any figure for the original. 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 . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin -18.9%-8.7%-5.7%
Net margin -22.3%-12.8%-8.2%
Return on capital employed -94.7%-67.5%
Gearing (liabilities / total assets) 114.4%146.7%190.3%
Current ratio 0.71x0.90x0.58x
Interest cover -5.42x-2.50x-2.27x

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
Consolidated group
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have concluded that it remains appropriate to adopt the going concern basis in preparing the financial statements. Faced with the current global economic conditions, the Directors recognise that there exists potential volatility and uncertainty in future activities and cash flows in the going concern assessment period. However, this is not expected to give rise to a material uncertainty since the Directors have taken the comprehensive factors mentioned above into consideration and the forecasted available cash resources are sufficient.”

Group structure

  1. HUNGRYPANDA LTD · parent
    1. HungryPanda SARL 100% · France
    2. HungryPanda (NZ) Limited 100% · New Zealand
    3. HungryPanda US Inc. 100% · USA
    4. HungryPanda AU PTY Ltd 100% · Australia
    5. HungryPanda Tech Ltd 100% · Canada
    6. Pandafresh Tech Ltd 100% · Canada
    7. HPASIA Ltd 100% · United Kingdom
    8. Panda Delivery Limited 100% · United Kingdom
    9. Hungrypanda SG PTE Ltd 100% · Singapore
    10. Hungrypanda Japan 100% · Japan
    11. Hungrypanda Korea 100% · Korea
    12. PandaFresh PTY Ltd 100% · Australia
    13. HungryPanda Canberra PTY Ltd 100% · Australia
    14. Dada Tech Inc 100% · USA
    15. HungryPanda Italy S.R.L. 100% · Italy
    16. Panda Information Technology (Hangzhou) Co. Ltd 100% · China
    17. Pandafresh Holdings Ltd 100% · United Kingdom
    18. HungryPanda ADELAIDE PTY Ltd 100% · Australia
    19. HungryPanda SYDNEY PTY Ltd 100% · Australia

Significant events

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

People

7 active · 2 resigned

Name Role Appointed Born Nationality
BOWDEN, Laurel Charmaine Director 2019-10-03 May 1965 British
BUTTRESS, David Director 2018-11-07 Mar 1976 British
DOWNING, Ian Director 2025-03-25 Jan 1969 British
LIU, Kelu Director 2016-05-12 Nov 1995 Chinese
NUSSENBAUM, Antoine Benjamin Director 2018-11-07 Aug 1981 French
PALMER, Lucinda Anne D'Urban Director 2025-07-01 Sep 1995 British
WU, Jingyao Director 2018-11-07 Jan 1990 Chinese
Show 2 resigned officers
Name Role Appointed Resigned
CHAINWALA, Akhil Director 2020-10-30 2025-07-01
DEED, Mark Cameron Director 2021-12-16 2025-03-25

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Kelu Liu Individual Shares 25–50%, Voting 25–50% 2016-05-12 Active

Filing timeline

Last 20 of 70 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-07-17 RESOLUTIONS Resolution
  • 2024-08-22 RESOLUTIONS Resolution
Date Type Category Description
2026-07-20 AA accounts Accounts with accounts type group
2026-07-17 RESOLUTIONS resolution Resolution
2025-10-28 CH01 officers Change person director company with change date PDF
2025-08-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-09 AA accounts Accounts with accounts type group
2025-07-04 CH01 officers Change person director company with change date PDF
2025-07-04 AP01 officers Appoint person director company with name date PDF
2025-07-04 TM01 officers Termination director company with name termination date PDF
2025-03-25 AP01 officers Appoint person director company with name date PDF
2025-03-25 TM01 officers Termination director company with name termination date PDF
2024-10-21 AA accounts Accounts with accounts type group
2024-10-08 AD01 address Change registered office address company with date old address new address PDF
2024-10-08 AD01 address Change registered office address company with date old address new address PDF
2024-08-30 MR04 mortgage Mortgage satisfy charge full PDF
2024-08-30 MR04 mortgage Mortgage satisfy charge full PDF
2024-08-30 MR04 mortgage Mortgage satisfy charge full PDF
2024-08-30 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-08-28 CS01 confirmation-statement Confirmation statement with updates PDF
2024-08-22 RESOLUTIONS resolution Resolution
2023-12-23 AA accounts Accounts with accounts type group

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

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.

Official Companies House page