Dhamecha Foods Limited
Registered name: DHAMECHA FOODS LIMITED
Dhamecha Foods Limited made £1.3bn revenue and £15.9m profit in the year to 31 Mar 2024. read from filing text
Dhamecha Foods Limited’s revenue grew 11% to £1.3bn in the year to 31 Mar 2024, with £15.9m profit and 979 employees. The company is classified under “wholesale of wine, beer, spirits and other alcoholic beverages” and is based in Middlesex; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Middlesex, London
- Age
- 52 yrs · since 1974
- 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 parent company is Dhamecha Holdco Limited, a company incorporated in Isle of Man.”
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 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £1.1bn | £1.2bn | £1.3bn |
| Cost of sales | £1.1bn | £1.2bn | £1.3bn |
| Gross profit | £57.9m | £63.7m | £69.7m |
| Operating profit | £19.4m | £19m | £18.3m |
| Profit before tax | £19.4m | £19.2m | £20.6m |
| Profit after tax | £16m | £15.7m | £15.9m |
| Profit (best available) | £16m | £15.7m | £15.9m |
| Staff costs | £21.5m | £24.9m | £30.2m |
| Employees (average) | 741 | 846 | 979 |
| Ratios | |||
| Profit margin | 1.4% | 1.3% | 1.2% |
| Gross margin | 5.1% | 5.2% | 5.2% |
| Revenue per employee | £1.5m | £1.4m | £1.4m |
| Profit per employee | £21.6k | £18.6k | £16.2k |
| Growth (year on year) | |||
| Revenue growth | — | ▲8.3% | ▲10.5% |
| Profit growth | — | ▼1.9% | ▲1.3% |
| Headcount growth | — | ▲14.2% | ▲15.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £42.8m | £38m | £62.5m |
| Net assets | £94.4m | £95.1m | £96m |
| Fixed assets | £5.1m | £7.7m | £8.7m |
| Current assets | £197m | £228m | £214m |
| Debtors | £12.5m | £17.9m | £20.2m |
| Deferred income | £775k | £1.6m | £1.1m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 1.2%
- Profit ÷ revenue.
- Gross margin
- 5.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.4m
- Revenue ÷ average employees.
- Profit per employee
- £16.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.5%
- 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 £96m
- Cash at bank
- ▲64%
- Now £62.5m
- Headcount
- ▲16%
- Now 979
- Deferred income
- ▼32%
- Now £1.1m
- Fixed assets
- ▲13%
- Now £8.7m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £15.9m), from the Companies House accounts bulk data published Dec 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.