Joseph Heler Limited
Registered name: JOSEPH HELER LIMITED
Part of MGH Corporation Limited groupJoseph Heler Limited made £152m revenue and £2.3m profit in the year to 31 Dec 2025. read from filing text
Joseph Heler Limited’s revenue grew 11% to £152m in the year to 31 Dec 2025, with £2.3m profit and 181 employees. The company is classified under “butter and cheese production” and is based in Nantwich; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Nantwich, North West
- Age
- 54 yrs · since 1972
- 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. From the filing: “The company's immediate and ultimate parent company is MGH Corporation Limited. The registered office of MGH Corporation Limited is Laurels Farm, Hatherton, Nantwich, Cheshire, CW5 7PE.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £106m | £175m | £137m | £152m |
| Cost of sales | £98.4m | £172m | £128m | £144m |
| Gross profit | £7.6m | £3.1m | £8.5m | £8.5m |
| Operating profit | £4.8m | £653k | £7.2m | £6.3m |
| Profit before tax | £4m | −£3.2m | £3.7m | £3.2m |
| Profit after tax | £3.2m | −£2.5m | £2.9m | £2.3m |
| Profit (best available) | £3.2m | −£2.5m | £2.9m | £2.3m |
| Staff costs | £10m | £10.4m | £6.3m | £8.3m |
| Employees (average) | 228 | 208 | 173 | 181 |
| Ratios | ||||
| Profit margin | 3% | −1.4% | 2.1% | 1.5% |
| Gross margin | 7.2% | 1.8% | 6.2% | 5.6% |
| Revenue per employee | £465k | £841k | £789k | £840k |
| Profit per employee | £14.1k | −£11.9k | £16.5k | £12.5k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲11.3% |
| Profit growth | — | — | — | ▼20.9% |
| Headcount growth | — | — | — | ▲4.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £356k | £278k | £500k | £552k |
| Net assets | £23.1m | £20.6m | £23.5m | £23.3m |
| Fixed assets | £10.6m | £11.7m | £11.5m | £11.6m |
| Current assets | £70.4m | £69.1m | £75.5m | £80.6m |
| Debtors | £16.6m | £16.5m | £18.9m | £21.2m |
| Deferred income | £6.3k | £10.8k | £12.9k | £9.3k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 1.5%
- Profit ÷ revenue.
- Gross margin
- 5.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £840k
- Revenue ÷ average employees.
- Profit per employee
- £12.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14%
- 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
- ▼1%
- Now £23.3m
- Cash at bank
- ▲10%
- Now £552k
- Headcount
- ▲5%
- Now 181
- Deferred income
- ▼28%
- Now £9.3k
- Fixed assets
- ▲1%
- Now £11.6m
Group structure
Ownership chain
- MGH Corporation Limitedultimate parent75–100%
- Joseph Heler Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (6)
- Heler Foods Packing LimitedRev. £30.8m · Profit −£455k
- Lymn Bank Farm LimitedRev. £12.2m · Profit £1.3m
- Cheshire Cheese Corporation LtdFigures not disclosed
- CL Land and Properties LimitedFigures not disclosed
- JH El LimitedFigures not disclosed
- JH Fresh Foods LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2.3m), 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.