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Company No. 02590412 · Incorporated 11 Mar 1991

Winning Blend Limited

Registered name: WINNING BLEND LIMITED

Part of Indigo Food Group Holdings Limited group

Winning Blend Limited made £22.1m revenue and a £156k loss in the year to 31 Dec 2025.

Winning Blend Limited’s revenue fell 10% to £22.1m in the year to 31 Dec 2025, with a loss of £156k and 198 employees. The company is classified under “manufacture of other food products” and is based in Pontyclun; we hold 5 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 10890Manufacture of other food products n.e.c.
Status
Active
Location
Pontyclun, Wales
Age
35 yrs · since 1991
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: “Indigo Food Group Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Revenue
£22.1m
Growth ▼9.9%
Profit
−£156k
Growth ▼131.6%
Profit margin
−0.7%
Gross 25.6%
Employees
198
Change ▼11.2%
Profit / employee
−£786
Revenue/employee £112k
Profitable streak
0yrs
Consecutive profitable years in our data

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

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jan 202231 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£23m£24.1m£27.7m£24.6m£22.1m
Cost of sales£17.1m£19.2m£19.7m£17.3m£16.5m
Gross profit£5.9m£4.8m£8m£7.3m£5.7m
Operating profit£270k−£453k£813k£774k−£255k
Profit before tax£246k−£530k£720k£726k−£319k
Profit after tax£205k−£211k£490k£492k−£156k
Profit (best available)£205k−£211k£490k£492k−£156k
Staff costs£6.2m£6.5m£6.8m£6.8m£6.7m
Employees (average)201235246223198
Ratios
Profit margin0.9%−0.9%1.8%2%−0.7%
Gross margin25.6%20.2%28.9%29.7%25.6%
Revenue per employee£114k£102k£112k£110k£112k
Profit per employee£1k−£897£2k£2.2k−£786
Growth (year on year)
Revenue growth—▲4.6%▲15%▼11.2%▼9.9%
Profit growth—▼202.8%—▲0.4%▼131.6%
Headcount growth—▲16.9%▲4.7%▼9.3%▼11.2%
Balance sheet — indirect signals, not revenue
Cash at bank£683k£76.1k£436k£866k£647
Net assets£3.6m£3.4m£3.9m£3.5m£3.4m
Fixed assets£3.6m£3.6m£3.1m£2.7m£2.4m
Current assets£5.9m£7.3m£7.3m£6m£6.4m
Debtors£3.6m£4.8m£4.1m£3.5m£3.5m
Deferred income£321k£320k£407k£344k£289k
SourceFullAccounts · bulk data Jan 2024FullAccounts · bulk data Jan 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
−0.7%
Profit ÷ revenue.
Gross margin
25.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£112k
Revenue ÷ average employees.
Profit per employee
−£786
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
10.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.3%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
15.9%
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
▼4%
Now £3.4m
Cash at bank
▼100%
Now £647
Headcount
▼11%
Now 198
Deferred income
▼16%
Now £289k
Fixed assets
▼12%
Now £2.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Indigo Food Group Holdings Limitedultimate parent75–100%
  2. Indigo Food Group Limited75–100%
  3. Winning Blend Limitedthis company

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

Sister companies (3)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£156k), 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.