TILLY'S COFFEE LTD
Get an alert when TILLY'S COFFEE LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£916k
+754.8% highest in 5 filed years
Net assets
-£3.4m
-49.2% lowest in 5 filed years
Employees
114
-23.5% vs 2024
Profit before tax
-£1.1m
-72.9% lowest in 4 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
-
Negative shareholders' funds
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | £8,436,284 | £10,401,370 | £10,226,072 | £10,429,061 | +2% | |
| Operating profit | — | -£500,770 | -£731,747 | -£28,578 | -£534,792 | -1,771.3% | |
| Profit before tax | — | -£407,113 | -£731,747 | -£650,805 | -£1,125,271 | -72.9% | |
| Net profit | — | -£360,046 | -£725,724 | -£694,098 | -£1,125,271 | -62.1% | |
| Cash | £30,237 | £464,505 | £526,506 | £107,192 | £916,265 | +754.8% | |
| Total assets less current liabilities | £2,493,119 | £5,589,096 | £4,657,349 | £3,963,251 | £3,837,980 | -3.2% | |
| Net assets | -£506,881 | -£866,927 | -£1,592,651 | -£2,286,749 | -£3,412,020 | -49.2% | |
| Equity | — | -£866,927 | -£1,592,651 | -£2,286,749 | -£3,412,020 | -49.2% | |
| Average employees | 0 | 159 | 155 | 149 | 114 | -23.5% | |
| Wages | — | £2,394,356 | £2,777,713 | £2,868,271 | £2,891,516 | +0.8% | |
| Directors' remuneration | — | — | — | — | — | — |
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 —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | -5.9% | -7.0% | -0.3% | -5.1% | |
| Net margin | — | -4.3% | -7.0% | -6.8% | -10.8% | |
| Return on capital employed | — | -9.0% | -15.7% | -0.7% | -13.9% | |
| Gearing (liabilities / total assets) | 596.3% | 138.6% | 120.6% | 135.8% | 151.1% | |
| Current ratio | — | — | 0.30x | 0.25x | 0.44x | |
| Interest cover | — | — | -1.16x | -0.05x | -0.91x |
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.
Name history
Renamed 1 time since incorporation
- TILLY'S COFFEE LTD 2021-08-09 → present
- TILLY'S BAKERY LTD 2017-04-04 → 2021-08-09
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Xeinadin Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On the basis of these forecasts, they consider that the Group can continue to operate within the facilities agreed with the bank and it is therefore appropriate to prepare the financial statements on the going concern basis.”
Significant events
- “On 17th July 2025, the Group completed the acquisition of 21 stores from the QFM Group.”
- “In July 2025, in support of this growth, the Group's bankers agreed a new overall loan facility of £16.9m to consolidate the existing loans including a further £7.4m towards the above acquisition and planned new store openings.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CALLER, Sue | Secretary | 2017-04-04 | — | — |
| VARDY, Simon Mark | Director | 2017-04-04 | Oct 1969 | British |
| VARDY, Tracy Anne | Director | 2017-04-04 | Mar 1975 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sim Trava Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-10-01 | Active |
| North West Coffee Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-08-06 | Ceased 2024-10-01 |
| Sim Trava Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-04-04 | Ceased 2021-08-06 |
| Mr Simon Mark Vardy | Individual | Appoints directors (as firm), Significant influence (as firm) | 2017-04-04 | Ceased 2017-04-04 |
| Mrs Tracy Anne Vardy | Individual | Appoints directors (as firm), Significant influence (as firm) | 2017-04-04 | Ceased 2017-04-04 |
Filing timeline
Last 20 of 57 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-01 MA Memorandum articles
- 2025-05-19 RESOLUTIONS Resolution
- 2024-10-17 MA Memorandum articles
- 2024-10-17 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type full | |
| 2026-04-15 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-15 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-09 | CH01 | officers | Change person director company with change date | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-07-01 | MA | incorporation | Memorandum articles | |
| 2025-05-19 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-25 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-10-25 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-10-17 | MA | incorporation | Memorandum articles | |
| 2024-10-17 | RESOLUTIONS | resolution | Resolution | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-04-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-25 | AA | accounts | Accounts with accounts type small | |
| 2023-06-26 | CH01 | officers | Change person director company with change date | |
| 2023-06-26 | CH01 | officers | Change person director company with change date | |
| 2023-06-26 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.