Leon Grocery Limited

Active11605892HospitalityIncorporated 4 Oct 2018 · London

The sole purpose of this entity is to develop a range of LEON branded grocery products to be sold to supermarkets. The company commenced trading in October 2019 under an exclusive supply agreement with Sainsbury’s Supermarkets Ltd. During the year 2022, the exclusivity with Sainsbury's Supermarkets came to an end. As a result of this, the company expanded retailer distribution, agreeing new listings with Asda and Ocado. In 2023 the company saw it further expand its retail distribution, agreeing new listings with Morrisons, Costco and ASDA frozen. A number of successful launches occurred during the year including Micro rice, Beetziki and gift bags . In the year new partnerships were established with Odd Box and Mindful Chef to further enhance the LEON brand image. Leon Grocery Limited was a subsidary withing the UK operations of the overall EG Finco Limited . On May 30, 2023 EG Group announced that it had agreed to sell the majority of its UK and Ireland fuel, foodservices and grocery and merchandise business to Project America Bidco Limited a subsidiary of Bellis Finco PLC, the parent entity of Asda . This transaction completed on the 31 October 2023 .

Revenue

£3.7m

▼ -5.9% vs prior ~12m period

Profit after tax

-£74k

Margin -2.0%

Employees

2

– 0.0% vs prior ~12m period

Net assets

£371k

Total assets £1.1m

Financial history

Revenue by accounting period

3 periods available · ▲ growth ▼ decline

Dec 2021
£5.1m
Dec 2022
£3.9m▼ -22.9%
Dec 2023
£3.7m▼ -5.9%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2023£3.7m▼ -5.9%-£72k2£371k
25 Dec 2022£3.9m▼ -22.9%£164k2£445k
26 Dec 2021£5.1m—£438k2£296k

Latest available figures

Period ending 31 Dec 2023. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

These are the most recent accounts available to us; more recent accounts may exist at Companies House.

Profit & loss

Revenue
£3.7m
Gross profit
£786k
Operating profit
Not available
Profit before tax
-£72k
Profit after tax
-£74k

Balance sheet

Total assets
£1.1m
Cash
£516k
Total liabilities
£728k
Net assets
£371k
Revenue per employee
£1.8m

Similar companies

CompanyRevenueGrowth
Bashley Park Limited
00483690
£10.0m▲ +42.2%
Upb Products Limited
04590457
£10.0m▼ -8.9%
Gateway Manchester Hotels Ltd
SC268023
£9.9m▲ +2.0%
Grange Court (Hoburne) Limited
00616472
£9.9m▲ +74.5%
Hb Hotels Management Limited
13738237
£9.9m—

Other hospitality companies in London

CompanyRevenueGrowth
Hotel Co 51 UK Limited
12561053
£100.9m▼ -4.8%
Direct Dialog Visual Ltd
08907081
£93.1m▲ +19.1%
A F A Restaurants Limited
08345484
£86.7m▲ +20.3%
Mls Operations Limited
10523704
£86.1m▲ +17.3%
Pho Trading Limited
05329479
£71.1m▲ +21.9%