How much does State 4 Restaurants Limited make?

State 4 Restaurants Limited reported revenue of £25m and £216k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does State 4 Restaurants Limited have?

State 4 Restaurants Limited reported an average of 592 employees in the year to 31 Dec 2024.

Is State 4 Restaurants Limited profitable?

Yes — State 4 Restaurants Limited reported a profit of £216k in the year to 31 Dec 2024.

Company No. 09620538 · Incorporated 3 Jun 2015

State 4 Restaurants Limited

Registered name: STATE 4 RESTAURANTS LIMITED

State 4 Restaurants Limited made £25m revenue and £216k profit in the year to 31 Dec 2024.

State 4 Restaurants Limited’s revenue grew 40% to £25m in the year to 31 Dec 2024, with £216k profit and 592 employees. The company is classified under “unlicensed restaurants and cafes” and is based in Derby; we hold 4 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56102Unlicensed restaurants and cafes

Status: Active
Location: Derby, East Midlands
Age: 11 yrs · since 2015
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentCash flow filed

Revenue

£25m

Growth ▲40.2%

Profit

£216k

Growth ▼54.9%

Profit margin

0.9%

Gross 66.5%

Employees

592

Change ▲9.6%

Profit / employee

£365

Revenue/employee £42.3k

Profitable streak

2yrs

Consecutive profitable years in our data

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	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£16.6m	£15.9m	£17.8m	£25m
Cost of sales	£5.8m	£5.9m	£6.2m	£8.4m
Gross profit	£10.8m	£10.1m	£11.7m	£16.6m
Operating profit	£1.1m	−£131k	£648k	£553k
Profit before tax	£1.1m	−£173k	£547k	£363k
Profit after tax	£846k	−£206k	£479k	£216k
Profit (best available)	£846k	−£206k	£479k	£216k
Staff costs	£4.7m	£5m	£5.3m	£7.6m
Employees (average)	450	474	540	592
Ratios
Profit margin	5.1%	−1.3%	2.7%	0.9%
Gross margin	65.1%	63.3%	65.4%	66.5%
Revenue per employee	£36.9k	£33.6k	£33k	£42.3k
Profit per employee	£1.9k	−£434	£887	£365
Cash conversion	−102%	—	−257.1%	−220.9%
Growth (year on year)
Revenue growth	—	▼4%	▲11.9%	▲40.2%
Profit growth	—	▼124.3%	—	▼54.9%
Headcount growth	—	▲5.3%	▲13.9%	▲9.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.4m	£668k	£1.5m	£1.4m
Net assets	£886k	£547k	£891k	£1m
Fixed assets	£2.5m	£2.4m	£4.4m	£4.1m
Current assets	£1.6m	£1m	£1.8m	£1.7m
Debtors	£0	£23k	£398	£1.3k
Cash from operations	−£1.1m	−£394k	−£1.7m	−£1.2m
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 0.9%; Profit ÷ revenue.
Gross margin: 66.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £42.3k; Revenue ÷ average employees.
Profit per employee: £365; Profit ÷ average employees.
Cash conversion: −220.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 16.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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: ▲18%; Now £1m
Cash at bank: ▼5%; Now £1.4m
Headcount: ▲10%; Now 592
Deferred income: —; Now —
Fixed assets: ▼8%; Now £4.1m

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £216k), 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.