How much does Severn & Wye Smokery Limited make?

Severn & Wye Smokery Limited reported revenue of £71.6m and £2.3m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Severn & Wye Smokery Limited have?

Severn & Wye Smokery Limited reported an average of 131 employees in the year to 31 Mar 2025.

Is Severn & Wye Smokery Limited profitable?

Yes — Severn & Wye Smokery Limited reported a profit of £2.3m in the year to 31 Mar 2025.

Company No. 02377918 · Incorporated 2 May 1989

Severn & Wye Smokery Limited

Registered name: SEVERN & WYE SMOKERY LIMITED

Part of Olsa Futures Limited group

Severn & Wye Smokery Limited made £71.6m revenue and £2.3m profit in the year to 31 Mar 2025.

Severn & Wye Smokery Limited’s revenue grew 7% to £71.6m in the year to 31 Mar 2025, with £2.3m profit and 131 employees. The company is classified under “processing and preserving of fish, crustaceans and molluscs” and is based in Gloucestershire; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 10200Processing and preserving of fish, crustaceans and molluscs

Status: Active
Location: Gloucestershire, South West
Age: 37 yrs · since 1989
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: “Olsa Futures Limited”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightOperating leverage

Revenue

£71.6m

Growth ▲7.4%

Profit

£2.3m

Growth ▲164.6%

Profit margin

3.1%

Gross 15.6%

Employees

131

Change ▲12%

Profit / employee

£17.2k

Revenue/employee £547k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£52.5m	£67.5m	£66.7m	£71.6m
Cost of sales	£45.3m	£59.5m	£56.4m	£60.5m
Gross profit	£7.2m	£8m	£10.3m	£11.1m
Operating profit	£1.5m	£495k	£1.3m	£2.3m
Profit before tax	£1.4m	£392k	£1.2m	£2.2m
Profit after tax	£925k	£206k	£853k	£2.3m
Profit (best available)	£925k	£206k	£853k	£2.3m
Staff costs	£2.8m	£3.1m	£3.7m	£4.4m
Employees (average)	107	110	117	131
Ratios
Profit margin	1.8%	0.3%	1.3%	3.1%
Gross margin	13.8%	11.9%	15.4%	15.6%
Revenue per employee	£491k	£614k	£570k	£547k
Profit per employee	£8.6k	£1.9k	£7.3k	£17.2k
Growth (year on year)
Revenue growth	—	▲28.6%	▼1.3%	▲7.4%
Profit growth	—	▼77.7%	▲313%	▲164.6%
Headcount growth	—	▲2.8%	▲6.4%	▲12%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.9m	£1.1m	£331k	£447k
Net assets	£8.3m	£8.5m	£9.4m	£11.6m
Fixed assets	£4.7m	£6m	£5.3m	£4m
Current assets	£16.6m	£14.6m	£16.3m	£19.9m
Debtors	£5.6m	£5.7m	£6m	£4.9m
Deferred income	£115k	£98.8k	£83.1k	£70k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 3.1%; Profit ÷ revenue.
Gross margin: 15.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £547k; Revenue ÷ average employees.
Profit per employee: £17.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.6%; 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: 6.8%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲24%; Now £11.6m
Cash at bank: ▲35%; Now £447k
Headcount: ▲12%; Now 131
Deferred income: ▼16%; Now £70k
Fixed assets: ▼25%; Now £4m

Corporate ownership

Group structure

Ownership chain

Olsa Futures Limitedultimate parent75–100%
Severn & Wye Smokery Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Caught & Cured LimitedFigures not disclosed
Killean Estate LtdFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.3m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 22 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.