Wok Chop Ltd
Registered name: WOK CHOP LTD
Part of QSRP UK Ltd groupWok Chop Ltd made £7m revenue and £1.4m profit in the year to 31 Dec 2024.
Wok Chop Ltd’s revenue was £7m in the year to 31 Dec 2024, with £1.4m profit and 118 employees. The company is classified under “other business support service activities” and is based in London; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 10 yrs · since 2016
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 24 Apr 2022 | 23 Apr 2023 | 28 Apr 2023 | 28 Apr 2024 | 31 Dec 2024 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £8.9m | £9.4m | £9.4m | £9.9m | £7m |
| Cost of sales | £2.6m | £3m | −£3m | −£2.9m | −£2.1m |
| Gross profit | £6.3m | £6.5m | £6.5m | £6.9m | £4.9m |
| Operating profit | £2.2m | £1.8m | £1.8m | £1.8m | £1.4m |
| Profit before tax | £2.2m | £1.8m | £1.8m | £1.8m | £1.4m |
| Profit after tax | £2.2m | £1.8m | £1.8m | £1.8m | £1.4m |
| Profit (best available) | £2.2m | £1.8m | £1.8m | £1.8m | £1.4m |
| Staff costs | £2.1m | £2.1m | — | — | — |
| Employees (average) | 128 | 135 | 135 | 124 | 118 |
| Ratios | |||||
| Profit margin | 24.5% | 18.7% | 18.7% | 18.6% | 20.4% |
| Gross margin | 71% | 68.4% | 68.4% | 70.3% | 70.6% |
| Revenue per employee | £69.8k | £70k | £70k | £79.5k | £59.4k |
| Profit per employee | £17.1k | £13.1k | £13.1k | £14.8k | £12.1k |
| Growth (year on year) | |||||
| Revenue growth | — | ▲5.8% | — | ▲4.3% | — |
| Profit growth | — | ▼19.5% | — | ▲3.9% | — |
| Headcount growth | — | ▲5.5% | — | ▼8.2% | — |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £497k | £601k | — | — | — |
| Net assets | £4.1m | £5.9m | — | — | — |
| Fixed assets | £348k | £313k | — | — | — |
| Current assets | £4.8m | £6.9m | — | — | — |
| Debtors | £132k | £130k | — | — | — |
| Deferred income | £291k | £501k | — | — | — |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | Accounts · bulk data Feb 2025 | Accounts · bulk data Feb 2025 | Accounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 20.4%
- Profit ÷ revenue.
- Gross margin
- 70.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £59.4k
- Revenue ÷ average employees.
- Profit per employee
- £12.1k
- 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.
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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 118
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- QSRP UK Ltdultimate parent50–75%
- Chopstix Group Ltd75–100%
- Chopstix Restaurant Limited75–100%
- Wok Chop Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (9)
- East Midlands Centre Investments LtdRev. £264k · Profit −£668
- Chopstix Canary Wharf LtdRev. £193k · Profit −£1.5k
- Chopstix Gyle Centre LtdRev. £102k · Profit −£14.2k
- Thurloe Street LimitedRev. £99.2k · Profit −£17.6k
- Chopstix Glasgow LtdRev. £97.2k · Profit −£7k
- Chopstix Swindon LimitedRev. £27.9k · Profit −£364
- Bridgend Centre Investments LtdFigures not disclosed
- Chopstix Arndale LtdFigures not disclosed
- Chopstix Wrexham LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £1.4m), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Updated from Companies House on 24 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.