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Company No. 00430043 · Incorporated 21 Feb 1947

C M Varley & Co Limited

Registered name: C M VARLEY & CO LIMITED

Part of Laf Holdings Limited group

C M Varley & Co Limited made £24.1m revenue and £405k profit in the year to 31 Mar 2025.

C M Varley & Co Limited’s revenue grew 24% to £24.1m in the year to 31 Mar 2025, with £405k profit and 41 employees. The company is classified under “manufacture of prepared feeds for farm animals” and is based in Oswestry; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 10910Manufacture of prepared feeds for farm animals
Status
Active
Location
Oswestry, West Midlands
Age
79 yrs · since 1947
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. From the filing: “LAF Holdings Limited”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light
Revenue
£24.1m
Growth ▲24.1%
Profit
£405k
Growth ▲10.4%
Profit margin
1.7%
Gross 18.3%
Employees
41
Change ▲7.9%
Profit / employee
£9.9k
Revenue/employee £589k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureNo P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£19.8m£19.5m£24.1m
Cost of sales—£16m£15.8m£19.7m
Gross profit—£3.7m£3.7m£4.4m
Operating profit—£665k£412k£424k
Profit before tax—£676k£490k£531k
Profit after tax—£545k£367k£405k
Profit (best available)—£545k£367k£405k
Staff costs—£1.3m£1.4m£1.7m
Employees (average)35383841
Ratios
Profit margin—2.8%1.9%1.7%
Gross margin—18.8%18.8%18.3%
Revenue per employee—£520k£512k£589k
Profit per employee—£14.3k£9.7k£9.9k
Growth (year on year)
Revenue growth——▼1.5%▲24.1%
Profit growth——▼32.7%▲10.4%
Headcount growth—▲8.6%0%▲7.9%
Balance sheet — indirect signals, not revenue
Cash at bank£501k£699k£1.5m£2.1m
Net assets£3.2m£3.7m£4.1m£4.5m
Fixed assets£1.1m£1.8m£1.9m£1.8m
Current assets£3.8m£4.9m£5.1m£7.1m
Debtors£2.4m£2.7m£2.4m£2.1m
Deferred income£103k£187k£178k£412k
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
1.7%
Profit ÷ revenue.
Gross margin
18.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£589k
Revenue ÷ average employees.
Profit per employee
£9.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
7.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
8.7%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▲10%
Now £4.5m
Cash at bank
▲44%
Now £2.1m
Headcount
▲8%
Now 41
Deferred income
▲132%
Now £412k
Fixed assets
▼4%
Now £1.8m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Laf Holdings Limitedultimate parent75–100%
  2. C M Varley & Co Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (39)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £405k), from the Companies House accounts bulk data published Dec 2025. 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.