Chi Yip Group Limited
Registered name: CHI YIP GROUP LIMITED
Part of Yip & Sons Limited groupChi Yip Group Limited made £22.3m revenue and a £789k loss in the year to 31 May 2025.
Chi Yip Group Limited’s revenue fell 4% to £22.3m in the year to 31 May 2025, with a loss of £789k and 80 employees. The company is classified under “wholesale of meat and meat products” and is based in Greenside Way Middleton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Greenside Way Middleton, North West
- Age
- 36 yrs · since 1990
- 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 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £20.9m | £22.2m | £23.3m | £22.3m |
| Cost of sales | £17.3m | £18.8m | £19.5m | £19m |
| Gross profit | £3.6m | £3.4m | £3.8m | £3.3m |
| Operating profit | £701k | £610k | £761k | −£803k |
| Profit before tax | £670k | £573k | £707k | −£862k |
| Profit after tax | £537k | £489k | £487k | −£789k |
| Profit (best available) | £537k | £489k | £487k | −£789k |
| Staff costs | £2m | £2.2m | £2.2m | £2.4m |
| Employees (average) | 73 | 72 | 75 | 80 |
| Ratios | ||||
| Profit margin | 2.6% | 2.2% | 2.1% | −3.5% |
| Gross margin | 17.4% | 15.5% | 16.3% | 15% |
| Revenue per employee | £287k | £308k | £310k | £279k |
| Profit per employee | £7.4k | £6.8k | £6.5k | −£9.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲6.1% | ▲4.8% | ▼4.1% |
| Profit growth | — | ▼8.9% | ▼0.4% | ▼261.8% |
| Headcount growth | — | ▼1.4% | ▲4.2% | ▲6.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £19.3k | £4.5k | £8.1k | £26.5k |
| Net assets | £2.3m | £2.7m | £3.2m | £2.4m |
| Fixed assets | £205k | £335k | £831k | £583k |
| Current assets | £6.5m | £7.1m | £7.6m | £6.4m |
| Debtors | £533k | £635k | £1.2m | £972k |
| Deferred income | £56.1k | £61.7k | £77.2k | £82.7k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −3.5%
- Profit ÷ revenue.
- Gross margin
- 15%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £279k
- Revenue ÷ average employees.
- Profit per employee
- −£9.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.3%
- 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
- ▼26%
- Now £2.4m
- Cash at bank
- ▲226%
- Now £26.5k
- Headcount
- ▲7%
- Now 80
- Deferred income
- ▲7%
- Now £82.7k
- Fixed assets
- ▼30%
- Now £583k
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
- Yip & Sons Limitedultimate parent75–100%
- Chi Yip Holdings Limited75–100%
- Chi Yip Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Music Box Karaoke LimitedFigures not disclosed
- Ocean Treasure Restaurant LimitedFigures not disclosed
- Treasure Land 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 31 May 2025 (profit −£789k), from the Companies House accounts bulk data published Feb 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.