Company No:
Contents
The directors present their annual report and the unaudited financial statements of the Company for the financial year ended 30 April 2026.
PRINCIPAL ACTIVITIES
GOING CONCERN
BUSINESS SUMMARY
During the year ending April 2026, PINCH continued to invest significantly in its people, systems, and operational excellence to support sustainable growth and strengthen its position as a leading hospitality and workplace dining service provider.
The business doubled its headcount to thirty-two employees, including Directors, reflecting continued expansion and investment in talent. Key strategic appointments included Jules Heckman Hughes as Creative and Sustainability Lead; Jules, a Senior Director, brings a wealth of creative expertise and knowledge of environmental practices to support our onsite teams and aid the retention process.
Simon Esner was appointed Chairman; Simon’s significant credentials in business development and client relationship building will generate momentum for growth and he will spearhead the development and acquisition of new clients for the business. Internal career progression was demonstrated through the promotion of Chris Gidden to Group Chef Manager.
Investment in employee development and wellbeing remained a priority. The company enhanced training capabilities through the MAPAL learning platform and implemented the Breathe HR system to streamline employee management, holiday and absence tracking, rotas, and timesheets. PINCH also strengthened its commitment to employee wellbeing through Mindful Employer accreditation and membership of Hospitality Action, providing employees with access to a comprehensive Employee Assistance Programme.
The business continued to reinforce its environmental and social responsibility initiatives. Through a partnership with Carma, trees are planted for every new employee recruited. Charitable support during the year focused on ‘Only A Pavement Away’, including a financial donation in place of client Christmas gifts, equipment donations supported by supply partner Lockhart, and participation in World Homeless Day initiatives.
Operational standards and compliance remained key areas of focus. PINCH invested in health, safety, and food hygiene systems through its partnership with Food Safety Guru, implementing cloud space, bespoke reporting, and monitoring processes. This was complemented by a programme of internal operating processes including customer feedback and attitudinal research, to drive continuous improvement across the business.
The company also maintained an active marketing programme, including campaigns such as “Fuel Not Feed”, “Feel Good Kitchen”, seasonal activations and “PINCH Proud”, helping to strengthen client engagement and brand awareness. Throughout the year, the team successfully supported and delivered a range of client events, demonstrating operational capability and service excellence.
Overall, the year was characterised by significant investment in people, infrastructure, wellbeing, compliance, and corporate responsibility, providing a strong platform for future growth and continued service excellence. Growth during the year was driven by two significant contract gains in January and April, which will double company turnover whilst further cementing our presence in London, the Home Counties and Cambridge, adding to the sites we have established in London and Newcastle.
DIRECTORS
The directors, who served during the financial year and to the date of this report except as noted, were as follows:
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(Appointed 30 March 2026) |
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(Appointed 30 March 2026) |
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(Appointed 30 March 2026) |
Approved by the Board of Directors and signed on its behalf by:
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Katy Elizabeth Thompson
Director |
| Note | 2026 | 2025 | ||
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| Fixed assets | ||||
| Investments | 3 |
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| 100 | 100 | |||
| Current assets | ||||
| Debtors | 4 |
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| 626,679 | 98,758 | |||
| Creditors: amounts falling due within one year | 5 | (
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| Net current assets | 625,429 | 97,758 | ||
| Total assets less current liabilities | 625,529 | 97,858 | ||
| Creditors: amounts falling due after more than one year | 6 | (
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| Net assets |
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| Capital and reserves | ||||
| Called-up share capital | 7 |
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| Share premium account |
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| Profit and loss account | (
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Directors' responsibilities:
The financial statements of Pinch Group Holdings Ltd (registered number:
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Katy Elizabeth Thompson
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Pinch Group Holdings Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 44 Alleyn Road Dulwich, London, SE21 8AL, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.
Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Statement of Financial Position when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
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| Number | Number | ||
| Monthly average number of persons employed by the Company during the year, including directors |
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Investments in subsidiaries
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| Cost | |
| At 01 May 2025 |
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| At 30 April 2026 |
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| Carrying value at 30 April 2026 |
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| Carrying value at 30 April 2025 |
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| £ | £ | ||
| Amounts owed by own subsidiaries |
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| £ | £ | ||
| Accruals |
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| Other creditors |
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| 1,000 | 1,000 |
Transactions with the entity's directors
During the year, the company had transactions with its directors in respect of loans advanced to the company.
At the year end, amounts due to directors totalled £543,917 (2025: £Nil). The balances are unsecured and bear interest at 6.5% per annum.