FGS Agri Limited
Registered name: FGS AGRI LIMITED
Part of Heathcote Holdings Limited groupFGS Agri Limited made £46.4m revenue and £2m profit in the year to 30 Apr 2025.
FGS Agri Limited’s revenue grew 18% to £46.4m in the year to 30 Apr 2025, with £2m profit and 232 employees. The company is classified under “growing of cereals (except rice), leguminous crops and oil seeds” and is based in Ashford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Ashford, South East
- Age
- 33 yrs · since 1993
- 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) | £28m | £35.4m | £39.3m | £46.4m |
| Cost of sales | £22.9m | £28.1m | £30.7m | £36.8m |
| Gross profit | £5.1m | £7.4m | £8.5m | £9.6m |
| Operating profit | £553k | £1.4m | £1.4m | £1.2m |
| Profit before tax | £7.4m | £1.6m | £2.3m | £2.4m |
| Profit after tax | £7.2m | £1.1m | £848k | £2m |
| Profit (best available) | £7.2m | £1.1m | £848k | £2m |
| Staff costs | £6.2m | £7.8m | £9.8m | £12.6m |
| Employees (average) | 154 | 174 | 202 | 232 |
| Ratios | ||||
| Profit margin | 25.6% | 3% | 2.2% | 4.3% |
| Gross margin | 18.3% | 20.8% | 21.8% | 20.6% |
| Revenue per employee | £182k | £204k | £194k | £200k |
| Profit per employee | £46.6k | £6k | £4.2k | £8.6k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲26.5% | ▲10.8% | ▲18.2% |
| Profit growth | — | ▼85.4% | ▼19.2% | ▲134.7% |
| Headcount growth | — | ▲13% | ▲16.1% | ▲14.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.4m | £641k | £704k | £212k |
| Net assets | £22.7m | £23.8m | £24.6m | £26.6m |
| Fixed assets | £18.6m | £21.3m | £30.9m | £37.3m |
| Current assets | £16.1m | £16.9m | £21.6m | £21.3m |
| Debtors | £4.5m | £4.5m | £6.4m | £5.3m |
| Deferred income | £763k | £505k | £1.5m | £2.3m |
| 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
- 4.3%
- Profit ÷ revenue.
- Gross margin
- 20.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £200k
- Revenue ÷ average employees.
- Profit per employee
- £8.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 80.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.5%
- 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
- ▲8%
- Now £26.6m
- Cash at bank
- ▼70%
- Now £212k
- Headcount
- ▲15%
- Now 232
- Deferred income
- ▲55%
- Now £2.3m
- Fixed assets
- ▲21%
- Now £37.3m
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
- Heathcote Holdings Limitedultimate parent75–100%
- FGS Agri Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (5)
- FGS Organics LimitedRev. £7.2m · Profit £639k
- FGS Holdings LimitedRev. £891k · Profit £297k
- Verigreen LtdRev. £514k · Profit −£6.2k
- FGS Energy LimitedRev. — · Profit −£927k
- FGS Utilities LimitedRev. — · Profit £1m
Sister companies (2)
- FGS Rentals LimitedRev. £6.7m · Profit £545k
- Countrystyle Group LimitedRev. — · Profit £5.1k
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 £2m), 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.