Mitchell Potatoes Ltd
Registered name: MITCHELL POTATOES LTD
Part of Mitchell Potatoes Holdings Limited groupMitchell Potatoes Ltd made £21.3m revenue and £3.1m profit in the year to 30 Apr 2025.
Mitchell Potatoes Ltd’s revenue fell 4% to £21.3m in the year to 30 Apr 2025, with £3.1m profit and 66 employees. The company is classified under “wholesale of fruit and vegetables” and is based in Rugby; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Rugby, West Midlands
- Age
- 45 yrs · since 1980
- 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 | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £15m | £16.3m | £22.3m | £21.3m |
| Cost of sales | £12.2m | £13.4m | £18.4m | £17.4m |
| Gross profit | £2.8m | £2.8m | £3.9m | £3.9m |
| Operating profit | £651k | £391k | £1m | £1.3m |
| Profit before tax | £1.2m | £1.6m | £2.2m | £4.2m |
| Profit after tax | £736k | £1.2m | £1.6m | £3.1m |
| Profit (best available) | £736k | £1.2m | £1.6m | £3.1m |
| Staff costs | £2.3m | £2.6m | £3.1m | £2.8m |
| Employees (average) | 67 | 69 | 69 | 66 |
| Ratios | ||||
| Profit margin | 4.9% | 7.2% | 7.3% | 14.7% |
| Gross margin | 18.4% | 17.4% | 17.5% | 18.2% |
| Revenue per employee | £223k | £236k | £323k | £323k |
| Profit per employee | £11k | £17k | £23.6k | £47.4k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲8.6% | ▲37% | ▼4.4% |
| Profit growth | — | ▲59.8% | ▲38.8% | ▲91.9% |
| Headcount growth | — | ▲3% | 0% | ▼4.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £490k | £577k | £793k | £531k |
| Net assets | £3.5m | £4.3m | £5.6m | £8.4m |
| Fixed assets | £5m | £7.5m | £8.7m | £11.5m |
| Current assets | £3m | £2.8m | £2.9m | £3m |
| Debtors | £1m | £1.1m | £1.3m | £1.4m |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 14.7%
- Profit ÷ revenue.
- Gross margin
- 18.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £323k
- Revenue ÷ average employees.
- Profit per employee
- £47.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 54.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.7%
- 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
- ▲50%
- Now £8.4m
- Cash at bank
- ▼33%
- Now £531k
- Headcount
- ▼4%
- Now 66
- Deferred income
- —
- Now —
- Fixed assets
- ▲33%
- Now £11.5m
Group structure
Ownership chain
- Mitchell Potatoes Holdings Limitedultimate parent75–100%
- Shapejoint Limited75–100%
- Mitchell Potatoes Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Boots Farm LimitedFigures not disclosed
Sister companies (1)
- S.a.d Brothers LimitedFigures 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 30 Apr 2025 (profit £3.1m), from the Companies House accounts bulk data published Jan 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.