Mornflake Oats Limited
Registered name: MORNFLAKE OATS LIMITED
Part of Agri Food Holdings Limited groupMornflake Oats Limited made £48.5m revenue and £2.1m profit in the year to 31 Jul 2025.
Mornflake Oats Limited’s revenue fell 18% to £48.5m in the year to 31 Jul 2025, with £2.1m profit and 0 employees. The company is classified under “activities of other holding companies”; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- North West
- Age
- 59 yrs · since 1966
- 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.
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: “The immediate and ultimate Parent Company is Agri Food Holdings Limited, a company incorporated in England and Wales, with a registered address of North Western Mills, Crewe, Cheshire, CW2 6HP. The pa”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £58.7m | £58.8m | £48.5m |
| Cost of sales | £55m | £55.2m | £42.7m |
| Gross profit | £3.6m | £3.7m | £5.8m |
| Operating profit | £1.2m | £735k | £2.8m |
| Profit before tax | £1.2m | £735k | £2.8m |
| Profit after tax | £917k | £552k | £2.1m |
| Profit (best available) | £917k | £552k | £2.1m |
| Employees (average) | 5 | 5 | 0 |
| Ratios | |||
| Profit margin | 1.6% | 0.9% | 4.3% |
| Gross margin | 6.2% | 6.2% | 12% |
| Revenue per employee | £11.7m | £11.8m | — |
| Profit per employee | £183k | £110k | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲0.3% | ▼17.6% |
| Profit growth | — | ▼39.8% | ▲282.9% |
| Headcount growth | — | 0% | ▼100% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | — | £0 | £500 |
| Net assets | £1.9m | £2.5m | £4.6m |
| Fixed assets | £25k | £25k | £25k |
| Current assets | £2.2m | £7.8m | £5.7m |
| Debtors | £2.2m | £7.8m | £5.7m |
| Deferred income | £10.9k | £3.5k | £3.7k |
| Source | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 4.3%
- Profit ÷ revenue.
- Gross margin
- 12%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.8%
- 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
- ▲85%
- Now £4.6m
- Cash at bank
- —
- Now £500
- Headcount
- ▼100%
- Now 0
- Deferred income
- ▲5%
- Now £3.7k
- Fixed assets
- 0%
- Now £25k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Agri Food Holdings Limitedultimate parent75–100%
- Morning Foods,limited75–100%
- Mornflake Oats Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Organic Oat Company LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £2.1m), from the Companies House accounts bulk data published Apr 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.