How much does Cotteswold Dairy Limited make?

Cotteswold Dairy Limited reported revenue of £102m and £1.5m profit in the year to 27 Dec 2025, according to its accounts filed at Companies House.

How many employees does Cotteswold Dairy Limited have?

Cotteswold Dairy Limited reported an average of 490 employees in the year to 27 Dec 2025.

Is Cotteswold Dairy Limited profitable?

Yes — Cotteswold Dairy Limited reported a profit of £1.5m in the year to 27 Dec 2025.

Company No. 00447327 · Incorporated 1 Jan 1948

Cotteswold Dairy Limited

Registered name: COTTESWOLD DAIRY LIMITED

Part of Workman Properties Limited group

Cotteswold Dairy Limited made £102m revenue and £1.5m profit in the year to 27 Dec 2025.

Cotteswold Dairy Limited’s revenue grew 11% to £102m in the year to 27 Dec 2025, with £1.5m profit and 490 employees. The company is classified under “liquid milk and cream production” and is based in Tewkesbury; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 10511Liquid milk and cream production SIC 47290Other retail sale of food in specialised stores

Status: Active
Location: Tewkesbury, South West
Age: 78 yrs · since 1948
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 27 Dec 2025

Key figures

Capital-light

Revenue

£102m

Growth ▲10.8%

Profit

£1.5m

Growth ▼22.4%

Profit margin

1.5%

Gross 27.6%

Employees

490

Change ▲2.7%

Profit / employee

£3.1k

Revenue/employee £209k

Profitable streak

4yrs

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 to	31 Dec 2022	30 Dec 2023	28 Dec 2024	27 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£86.4m	£84.5m	£92.3m	£102m
Cost of sales	£62.2m	£59.5m	£64.8m	£74.1m
Gross profit	£24.2m	£25m	£27.5m	£28.2m
Operating profit	£3.1m	£2.4m	—	—
Profit before tax	£3m	£2.5m	£2.6m	£1.7m
Profit after tax	£2.5m	£2.1m	£2m	£1.5m
Profit (best available)	£2.5m	£2.1m	£2m	£1.5m
Staff costs	£13.5m	£14.7m	£16.5m	£18.3m
Employees (average)	427	447	477	490
Ratios
Profit margin	2.9%	2.5%	2.1%	1.5%
Gross margin	28%	29.6%	29.8%	27.6%
Revenue per employee	£202k	£189k	£194k	£209k
Profit per employee	£5.8k	£4.6k	£4.1k	£3.1k
Growth (year on year)
Revenue growth	—	▼2.2%	▲9.2%	▲10.8%
Profit growth	—	▼16%	▼5.3%	▼22.4%
Headcount growth	—	▲4.7%	▲6.7%	▲2.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£4m	£4m	£2.9m	£1.9m
Net assets	£7.2m	£8.5m	£9.7m	£10.5m
Fixed assets	£3.8m	£4m	£4m	£3.5m
Current assets	£15.2m	£15.5m	£18.3m	£19.3m
Debtors	£9.1m	£8m	£9.9m	£10.8m
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Aug 2026	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 1.5%; Profit ÷ revenue.
Gross margin: 27.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £209k; Revenue ÷ average employees.
Profit per employee: £3.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.6%; 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: ▲8%; Now £10.5m
Cash at bank: ▼35%; Now £1.9m
Headcount: ▲3%; Now 490
Deferred income: —; Now —
Fixed assets: ▼11%; Now £3.5m

Corporate ownership

Group structure

Ownership chain

Workman Properties Limitedultimate parent75–100%
Cotteswold Dairy Limitedthis company

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

Subsidiaries (2)

Cotswold Spring Water LimitedFigures not disclosed
Upper Norton Jersey Cream Co. LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 27 Dec 2025 (profit £1.5m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.