A H Worth and Company Limited
Registered name: A H WORTH AND COMPANY LIMITED
A H Worth and Company Limited made £315k profit in the year to 31 May 2025 (revenue not disclosed).
A H Worth and Company Limited reported £315k profit in the year to 31 May 2025; its revenue was not disclosed. It had 435 employees. The company is classified under “activities of other holding companies” and is based in Spalding; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Spalding, East of England
- Age
- 78 yrs · since 1948
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 30 Jun 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Profit only | Profit only |
| Profit & loss | ||||
| Revenue (turnover) | £113m | £133m | — | — |
| Cost of sales | £82.1m | £102m | — | — |
| Gross profit | £30.6m | £31.4m | — | — |
| Operating profit | £1.1m | −£3.7m | — | — |
| Profit before tax | £1.5m | −£3.7m | — | — |
| Profit after tax | £1m | −£3.5m | −£9.4m | £315k |
| Profit (best available) | £1m | −£3.5m | −£9.4m | £315k |
| Employees (average) | 605 | 556 | 645 | 435 |
| Ratios | ||||
| Profit margin | 0.9% | −2.6% | — | — |
| Gross margin | 27.2% | 23.5% | — | — |
| Revenue per employee | £186k | £240k | — | — |
| Profit per employee | £1.7k | −£6.3k | −£14.6k | £724 |
| Growth (year on year) | ||||
| Revenue growth | — | ▲18.4% | — | — |
| Profit growth | — | ▼450.7% | — | — |
| Headcount growth | — | ▼8.1% | ▲16% | ▼32.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.9m | £143k | £882k | £2.4m |
| Net assets | £37.1m | £39.6m | £47.2m | £48.4m |
| Fixed assets | £20.2m | £20.1m | £39.9m | £39.3m |
| Current assets | £22.3m | £24.1m | £14.8m | £19m |
| Debtors | £2.4k | £5.4k | £5.6k | £90.1k |
| Deferred income | £437k | £207k | £280k | £301k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- £724
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▲2%
- Now £48.4m
- Cash at bank
- ▲177%
- Now £2.4m
- Headcount
- ▼33%
- Now 435
- Deferred income
- ▲8%
- Now £301k
- Fixed assets
- ▼2%
- Now £39.3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (6)
- A. H. Worth (Fosdyke) LimitedRev. £41.6m · Profit £348k
- Worth Farms LimitedRev. £7m · Profit £357k
- Ahw (Property) Co LimitedFigures not disclosed
- BQV Produce LimitedFigures not disclosed
- Sansbury Bailey Holdings LimitedFigures not disclosed
- Tubergen LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £315k), from the Companies House accounts bulk data published Feb 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.