How much does Jaines & Son (Grimsby) Limited make?

Jaines & Son (Grimsby) Limited reported revenue of £18.9m and £291k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Jaines & Son (Grimsby) Limited have?

Jaines & Son (Grimsby) Limited reported an average of 61 employees in the year to 31 Dec 2024.

Is Jaines & Son (Grimsby) Limited profitable?

Yes — Jaines & Son (Grimsby) Limited reported a profit of £291k in the year to 31 Dec 2024.

Company No. 00438850 · Incorporated 14 Jul 1947

Jaines & Son (Grimsby) Limited

Registered name: JAINES & SON (GRIMSBY) LIMITED

Part of Kirwin Brothers Ltd. group

Jaines & Son (Grimsby) Limited made £18.9m revenue and £291k profit in the year to 31 Dec 2024.

Jaines & Son (Grimsby) Limited’s revenue fell 8% to £18.9m in the year to 31 Dec 2024, with £291k profit and 61 employees. The company is classified under “wholesale of other food, including fish, crustaceans and molluscs” and is based in Grimsby; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46380Wholesale of other food, including fish, crustaceans and molluscs

Status: Active
Location: Grimsby, Yorkshire and The Humber
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.

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightCash flow filed

Revenue

£18.9m

Growth ▼8%

Profit

£291k

Growth ▼48.2%

Profit margin

1.5%

Gross 10.2%

Employees

Change ▲13%

Profit / employee

£4.8k

Revenue/employee £310k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£21.6m	£20.6m	£18.9m
Cost of sales	£19.7m	£18.3m	£17m
Gross profit	£1.8m	£2.3m	£1.9m
Operating profit	£387k	£814k	£470k
Profit before tax	£342k	£745k	£402k
Profit after tax	£253k	£562k	£291k
Profit (best available)	£253k	£562k	£291k
Staff costs	£2.4m	£2.4m	£2.5m
Employees (average)	53	54	61
Ratios
Profit margin	1.2%	2.7%	1.5%
Gross margin	8.6%	11%	10.2%
Revenue per employee	£407k	£381k	£310k
Profit per employee	£4.8k	£10.4k	£4.8k
Cash conversion	−172.3%	−72.5%	−172.9%
Growth (year on year)
Revenue growth	—	▼4.5%	▼8%
Profit growth	—	▲121.9%	▼48.2%
Headcount growth	—	▲1.9%	▲13%
Balance sheet — indirect signals, not revenue
Cash at bank	£487k	£543k	£743k
Net assets	£1.3m	£1.4m	£1.6m
Fixed assets	£531k	£476k	£457k
Current assets	£2.8m	£2.5m	£3.1m
Debtors	£1.4m	£1.4m	£1.5m
Deferred income	£84.6k	£73.8k	£60.9k
Cash from operations	−£667k	−£590k	−£813k
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Aug 2025

Derived from the latest filing

How the business works

Profit margin: 1.5%; Profit ÷ revenue.
Gross margin: 10.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £310k; Revenue ÷ average employees.
Profit per employee: £4.8k; Profit ÷ average employees.
Cash conversion: −172.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.2%; 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: ▲13%; Now £1.6m
Cash at bank: ▲37%; Now £743k
Headcount: ▲13%; Now 61
Deferred income: ▼17%; Now £60.9k
Fixed assets: ▼4%; Now £457k

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

Kirwin Brothers Ltd.ultimate parent75–100%
Jaines & Son (Grimsby) Limitedthis company

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

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £291k), from the Companies House accounts bulk data published Aug 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.