Blackmore Vale Farm Cream Limited
Registered name: BLACKMORE VALE FARM CREAM LIMITED
Part of First Milk Limited groupBlackmore Vale Farm Cream Limited made £58.1m revenue and £2.6m profit in the year to 31 Mar 2023.
Blackmore Vale Farm Cream Limited’s revenue grew 35% to £58.1m in the year to 31 Mar 2023, with £2.6m profit and 161 employees. The company is classified under “liquid milk and cream production” and is based in Dorset; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Dorset, South West
- Age
- 67 yrs · since 1958
- 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 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £43.1m | £58.1m |
| Cost of sales | £32.8m | £42.5m |
| Gross profit | £10.4m | £15.6m |
| Operating profit | £236k | £3.3m |
| Profit before tax | £185k | £3.2m |
| Profit after tax | £77.2k | £2.6m |
| Profit (best available) | £77.2k | £2.6m |
| Staff costs | £5.6m | £7.4m |
| Employees (average) | 148 | 161 |
| Ratios | ||
| Profit margin | 0.2% | 4.4% |
| Gross margin | 24% | 26.9% |
| Revenue per employee | £292k | £361k |
| Profit per employee | £522 | £16k |
| Cash conversion | 42.2% | 111.7% |
| Growth (year on year) | ||
| Revenue growth | — | ▲34.7% |
| Profit growth | — | ▲3243% |
| Headcount growth | — | ▲8.8% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £865k | £1.3m |
| Net assets | £4.9m | £7.3m |
| Fixed assets | £6.6m | £6.3m |
| Current assets | £9m | £10.1m |
| Debtors | £5.5m | £6.6m |
| Deferred income | £693k | £1m |
| Cash from operations | £99.7k | £3.7m |
| Source | Accounts · bulk data Feb 2024 | Accounts · bulk data Feb 2024 |
How the business works
- Profit margin
- 4.4%
- Profit ÷ revenue.
- Gross margin
- 26.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £361k
- Revenue ÷ average employees.
- Profit per employee
- £16k
- Profit ÷ average employees.
- Cash conversion
- 111.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 10.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.4%
- 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
- ▲48%
- Now £7.3m
- Cash at bank
- ▲55%
- Now £1.3m
- Headcount
- ▲9%
- Now 161
- Deferred income
- ▲46%
- Now £1m
- Fixed assets
- ▼4%
- Now £6.3m
Group structure
Ownership chain
- First Milk Limitedultimate parent75–100%
- Blackmore Vale Farm Cream Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Wincombe Lane LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Mar 2023 (profit £2.6m), from the Companies House accounts bulk data published Feb 2024. 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.