Midland Chilled Foods Limited
Registered name: MIDLAND CHILLED FOODS LIMITED
Part of Granarolo UK Limited groupMidland Chilled Foods Limited made £49.9m revenue and £563k profit in the year to 31 Dec 2025.
Midland Chilled Foods Limited’s revenue grew 7% to £49.9m in the year to 31 Dec 2025, with £563k profit and 123 employees. The company is classified under “non-specialised wholesale of food, beverages and tobacco” and is based in Willenhall; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Willenhall, West Midlands
- Age
- 53 yrs · since 1973
- 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 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £48.5m | £42.9m | £46.8m | £49.9m |
| Cost of sales | £37.5m | £34.9m | £38.1m | £40.5m |
| Gross profit | £10.9m | £8m | £8.7m | £9.3m |
| Operating profit | £956k | £1.5m | £2.7m | £731k |
| Profit before tax | £927k | £1.4m | £2.6m | £697k |
| Profit after tax | £891k | £1.1m | £2.5m | £563k |
| Profit (best available) | £891k | £1.1m | £2.5m | £563k |
| Staff costs | £5.5m | £4.8m | £4.1m | £4m |
| Employees (average) | 196 | 166 | 127 | 123 |
| Ratios | ||||
| Profit margin | 1.8% | 2.5% | 5.4% | 1.1% |
| Gross margin | 22.5% | 18.7% | 18.6% | 18.7% |
| Revenue per employee | £247k | £258k | £368k | £405k |
| Profit per employee | £4.5k | £6.4k | £19.8k | £4.6k |
| Cash conversion | 125.6% | 186.6% | −56.9% | −1030% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼11.5% | ▲9% | ▲6.7% |
| Profit growth | — | ▲19.8% | ▲135.1% | ▼77.5% |
| Headcount growth | — | ▼15.3% | ▼23.5% | ▼3.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.5k | £13.7k | £875k | £81.7k |
| Net assets | £7.6m | £8.7m | £11.2m | £11.7m |
| Fixed assets | £5.6m | £4.6m | £5.3m | £14.1m |
| Current assets | £9.4m | £14.1m | £16.5m | £10.7m |
| Debtors | £5.8m | £5.3m | £5.3m | £5.5m |
| Deferred income | £25.8k | £90.5k | £97.7k | £822 |
| Cash from operations | £1.2m | £2.8m | −£1.5m | −£7.5m |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 1.1%
- Profit ÷ revenue.
- Gross margin
- 18.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £405k
- Revenue ÷ average employees.
- Profit per employee
- £4.6k
- Profit ÷ average employees.
- Cash conversion
- −1030%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 28.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.1%
- 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
- ▲5%
- Now £11.7m
- Cash at bank
- ▼91%
- Now £81.7k
- Headcount
- ▼3%
- Now 123
- Deferred income
- ▼99%
- Now £822
- Fixed assets
- ▲169%
- Now £14.1m
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
- Granarolo UK Limitedultimate parent75–100%
- Midland Chilled Foods Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- West Horsley Dairy LimitedRev. £12.1m · Profit £36.4k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £563k), from the Companies House accounts bulk data published Sep 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.