How many employees does Masala Zone Limited have?

Masala Zone Limited reported an average of 251 employees in the year to 30 Mar 2025.

Is Masala Zone Limited profitable?

Yes — Masala Zone Limited reported a profit of £404k in the year to 30 Mar 2025.

Company No. 03551282 · Incorporated 23 Apr 1998

Masala Zone Limited

Registered name: MASALA ZONE LIMITED

Part of Project Victor Holdco Limited group

Masala Zone Limited made £404k profit in the year to 30 Mar 2025 (revenue not disclosed).

Masala Zone Limited reported £404k profit in the year to 30 Mar 2025, up 3% on the year before; its revenue was not disclosed. It had 251 employees. The company is classified under “licensed restaurants” and is based in London; we hold 4 years of its filed accounts.

Profit onlySection I · Accommodation and food servicesSIC 56101Licensed restaurants

Status: Active
Location: London, London
Age: 28 yrs · since 1998
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 30 Mar 2025

Key figures

Cash flow filed

Revenue

—

Not disclosed in filing

Profit

£404k

Growth ▲2.7%

Profit margin

—

Employees

251

Change ▼8.1%

Profit / employee

£1.6k

Profitable streak

2yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	26 Mar 2022	26 Mar 2023	31 Mar 2024	30 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Profit only
Profit & loss
Revenue (turnover)	£6.7m	£10.8m	£14.1m	—
Cost of sales	£1.1m	£1.8m	£2.3m	—
Gross profit	£5.6m	£8.9m	£11.8m	—
Operating profit	−£875k	−£784k	£665k	—
Profit before tax	−£875k	−£782k	£665k	£483k
Profit after tax	−£875k	−£782k	£393k	£404k
Profit (best available)	−£875k	−£782k	£393k	£404k
Staff costs	£3.7m	£5.1m	£6.8m	£6.2m
Employees (average)	163	213	273	251
Ratios
Profit margin	−13.1%	−7.3%	2.8%	—
Gross margin	83.9%	83%	83.4%	—
Revenue per employee	£41.1k	£50.5k	£51.8k	—
Profit per employee	−£5.4k	−£3.7k	£1.4k	£1.6k
Cash conversion	—	—	−132.8%	—
Growth (year on year)
Revenue growth	—	▲60.7%	▲31.4%	—
Profit growth	—	—	—	▲2.7%
Headcount growth	—	▲30.7%	▲28.2%	▼8.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£203k	£4.2k	£7.2k	£7k
Net assets	−£404k	−£1.2m	£1.9m	£2.3m
Fixed assets	£1.4m	£1.3m	£2.3m	£1.6m
Current assets	£1.5m	£953k	£1.5m	£1.4m
Debtors	£1.1m	£770k	£1.3m	£1.2m
Deferred income	£21.6k	£41.4k	£163k	£31.2k
Cash from operations	−£228k	£763k	−£883k	£255k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £1.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲22%; Now £2.3m
Cash at bank: ▼3%; Now £7k
Headcount: ▼8%; Now 251
Deferred income: ▼81%; Now £31.2k
Fixed assets: ▼27%; Now £1.6m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Project Victor Holdco Limitedultimate parent75–100%
MW Eat Ltd75–100%
Masala Zone Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

The India Collection LtdRev. £19m · Profit £4.7m

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Mar 2025 (profit £404k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.