Oakes Millers Limited
Registered name: OAKES MILLERS LIMITED
Part of Agri Feed Holdings Limited groupOakes Millers Limited made £150m revenue and £2.6m profit in the year to 31 Aug 2025.
Oakes Millers Limited’s revenue grew 5% to £150m in the year to 31 Aug 2025, with £2.6m profit and 117 employees. The company is classified under “manufacture of prepared feeds for farm animals” and is based in Nantwich; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Nantwich, North West
- Age
- 88 yrs · since 1937
- 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 | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £165m | £143m | £150m |
| Cost of sales | — | £146m | £125m | £131m |
| Gross profit | — | £19.6m | £17.8m | £19.3m |
| Operating profit | — | £5.5m | £3.1m | £3.9m |
| Profit before tax | — | £3.6m | £2.8m | £3.7m |
| Profit after tax | £927k | £2.4m | £2.2m | £2.6m |
| Profit (best available) | £927k | £2.4m | £2.2m | £2.6m |
| Staff costs | — | £5.2m | £5.8m | £6.3m |
| Employees (average) | 244 | 247 | 114 | 117 |
| Ratios | ||||
| Profit margin | — | 1.5% | 1.6% | 1.7% |
| Gross margin | — | 11.8% | 12.5% | 12.8% |
| Revenue per employee | — | £669k | £1.3m | £1.3m |
| Profit per employee | £3.8k | £9.8k | £19.4k | £21.9k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼13.7% | ▲5.4% |
| Profit growth | — | ▲161.2% | ▼8.6% | ▲15.5% |
| Headcount growth | — | ▲1.2% | ▼53.8% | ▲2.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.9k | £5.9k | £170 | £736 |
| Net assets | £14.9m | £17.3m | £19.5m | £21m |
| Fixed assets | £19.1m | £18.2m | £15.9m | £16.2m |
| Current assets | £22.8m | £23m | £26.4m | £27m |
| Debtors | £0 | £0 | £21.4m | £22.1m |
| Source | Accounts · bulk data May 2024 | Accounts · bulk data May 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 1.7%
- Profit ÷ revenue.
- Gross margin
- 12.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.3m
- Revenue ÷ average employees.
- Profit per employee
- £21.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 10.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.7%
- 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
- ▲8%
- Now £21m
- Cash at bank
- ▲333%
- Now £736
- Headcount
- ▲3%
- Now 117
- Deferred income
- —
- Now —
- Fixed assets
- ▲2%
- Now £16.2m
Group structure
Ownership chain
- Agri Feed Holdings Limitedultimate parent75–100%
- Oakes Millers Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- H.J. Lea Oakes LimitedRev. £161m · Profit £660k
- Dodson & Horrell LimitedFigures not disclosed
- HJ Lea Equine LimitedFigures not disclosed
- M.e. Waterhouse LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Carrs Billington Agriculture (Operations) LimitedLiverpool · Manufacture of prepared feeds for farm animals
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- £159m
- Profit
- £6.4m
- Staff
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- Harbro LimitedAberdeenshire · Manufacture of prepared feeds for farm animals
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- Biomar LimitedGrangemouth · Manufacture of prepared feeds for farm animals
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- Duffields Mills LimitedYeovil · Manufacture of prepared feeds for farm animals
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- Lloyd's (Animal) Feeds LimitedOswestry · Manufacture of prepared feeds for farm animals
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- Harper's Home Mix LimitedDevon · Manufacture of prepared feeds for farm animals
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £2.6m), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.
Updated from Companies House on 11 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.