Deep Blue Restaurants closes nine sites
Funds from the sales are being used to refurbish its key Harry Ramsden’s sites.
Fish and chip chain Deep Blue Restaurants has offloaded nine of its own-brand outlets to fund the growth of its Harry Ramsden’s brand.
Company filings show the nine sites were sold between October 2024 and May 2025, as part of its strategic disposal programme.
The money raised, along with additional shareholder backing, is being used to refurbish key Harry Ramsden’s locations—including the Brighton site in May 2025—and to ramp up marketing both in the UK and abroad.
Deep Blue Restaurants’ gross profit dropped to £15.8m for the year ended 24 September 2024, and revenue fell to £22.9m.
However, the group halved its losses to £2.2m, down from a £4.4m loss the previous year, and EBITDA rose to £2.2m before impairment, share-based payments, and exceptional items.
The group also secured £5.57m debt funding between October 2024 and February 2025.
