BUSABA EATHAI LIMITED
Company number 04956194 · Monitor this company
The annual accounts for this company are overdue.
Executive summary
Busaba Eathai Limited represents a distressed asset within the UK casual dining sector, having entered Administration despite modest operational improvements in FY2023. While the brand retains consumer recognition and the site portfolio includes profitable locations, the fundamental financial position – negative net assets, consecutive years of material losses, and Adjusted EBITDA deterioration from £0.2m profit to £0.6m loss – proved unsustainable. The company's heavy London concentration amplified sector-wide cost pressures (energy inflation of 50%, wage inflation of 9%) and demand-side headwinds from reduced discretionary spend and transport disruption, ultimately overwhelming management's cost rationalisation efforts and site rationalisation strategy.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2003-11-06
- Registered office
- 5th Floor Grove House, 24a Marylebone Road, London, NW1 6BB
- Postcode
- NW1 6BB
- Capital
- 7,628,201 GBP
- Accounts category
- Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2023-09-17
- Next due by
- 2025-06-14 Overdue
- Financial year end
- 14 September
Confirmation statement
- Last statement dated
- 2025-03-14
- Next due by
- 2026-03-28
Nature of business (SIC)
- 56101 Licenced restaurants
Officers 1 current · 20 resigned
Gender pay gap
0%
Women's median hourly pay above men's, 2024/25
Contact details
- Website
- busaba.com
Delicious Thai salads, soups, stir-fries, wok noodles, curries and char-grills, and Asian inspired drinks and cocktails. Experience modern Thai dining in 13 restaurant locations across London. Offers, events and vegan-friendly options available.
Previous company names
| Name | Date changed |
|---|---|
| AMERIN LIMITED | 2006-09-15 |
Previous registered addresses 5
| Address | Changed on |
|---|---|
| 4TH FLOOR, 151 WARDOUR STREET, LONDON, W1F 8WE | 2008-10-31 |
| 6TH FLOOR, 16-19 GRESSE STREET, LONDON, W1T 1QL | 2006-07-12 |
| THE QUADRANGLE, 2ND FLOOR, 180 WARDOUR STREET, LONDON, W1F 8FY | 2006-01-04 |
| THE QUADRANGLE2ND FLOOR, 180 WARDOUR STREET, LONDON, W1F 8FY | 2005-11-23 |
| 6-8 UNDERWOOD STREET, LONDON, N1 7JQ | 2003-11-19 |
The class of 2003
22%
of the 1,478 companies in this sector incorporated in 2003 are still active today; 74% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 7 titles
- Leasehold
- 7
- Most recent registration
- 2019-03-11
- Where
- Greater London (4), Hertfordshire (1), Greater Manchester (1)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| HD581813 | Hertfordshire | Leasehold | 2019-03-11 | — |
| NGL969135 | Greater London | Leasehold | 2017-04-25 | — |
| NGL964416 | Greater London | Leasehold | 2016-11-01 | — |
| MAN270688 | Greater Manchester | Leasehold | 2016-05-09 | — |
| TGL364459 | Greater London | Leasehold | 2012-06-25 | — |
| ON299375 | Oxfordshire | Leasehold | 2011-10-25 | — |
| EGL564101 | Greater London | Leasehold | 2009-11-30 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.