How much does True World Foods (UK) Ltd make?

True World Foods (UK) Ltd reported revenue of £37m and £1.2m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does True World Foods (UK) Ltd have?

True World Foods (UK) Ltd reported an average of 92 employees in the year to 31 Mar 2025.

Is True World Foods (UK) Ltd profitable?

Yes — True World Foods (UK) Ltd reported a profit of £1.2m in the year to 31 Mar 2025.

Company No. 02986582 · Incorporated 4 Nov 1994

True World Foods (UK) Ltd

Registered name: TRUE WORLD FOODS (UK) LTD

True World Foods (UK) Ltd made £37m revenue and £1.2m profit in the year to 31 Mar 2025.

True World Foods (UK) Ltd’s revenue grew 7% to £37m in the year to 31 Mar 2025, with £1.2m profit and 92 employees. The company is classified under “wholesale of other food, including fish, crustaceans and molluscs” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46380Wholesale of other food, including fish, crustaceans and molluscs

Status: Active
Location: London, London
Age: 31 yrs · since 1994
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: “The company is wholly owned subsidiary of True World Foods Limited a company registered in the Republic of Ireland, company number 393077 up until 6 May 2023. The new and the ultimate parent company i”

Latest accounts · year to 31 Mar 2025

Key figures

Cash flow filed

Revenue

£37m

Growth ▲7%

Profit

£1.2m

Growth ▼20.6%

Profit margin

3.3%

Gross 21.7%

Employees

Change ▲12.2%

Profit / employee

£13.4k

Revenue/employee £402k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£36.4m	£34.6m	£37m
Cost of sales	£28m	£26.5m	£29m
Gross profit	£8.4m	£8.1m	£8m
Operating profit	£3.2m	£2.1m	£1.3m
Profit before tax	£3.1m	£2.1m	£1.5m
Profit after tax	£2.6m	£1.6m	£1.2m
Profit (best available)	£2.6m	£1.6m	£1.2m
Staff costs	£2.9m	£3.3m	£3.9m
Employees (average)	75	82	92
Ratios
Profit margin	7.2%	4.5%	3.3%
Gross margin	23%	23.4%	21.7%
Revenue per employee	£486k	£422k	£402k
Profit per employee	£34.8k	£19k	£13.4k
Cash conversion	39.4%	54.4%	−81.8%
Growth (year on year)
Revenue growth	—	▼5%	▲7%
Profit growth	—	▼40.4%	▼20.6%
Headcount growth	—	▲9.3%	▲12.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.5m	£3.9m	£1.8m
Net assets	£15.3m	£17m	£17.9m
Fixed assets	£4.3m	£4.3m	£4.5m
Current assets	£14.2m	£15.2m	£16.5m
Debtors	£3.3m	£3.2m	£3.7m
Cash from operations	£1.3m	£1.1m	−£1.1m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 3.3%; Profit ÷ revenue.
Gross margin: 21.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £402k; Revenue ÷ average employees.
Profit per employee: £13.4k; Profit ÷ average employees.
Cash conversion: −81.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 12.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.1%; 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: ▲5%; Now £17.9m
Cash at bank: ▼53%; Now £1.8m
Headcount: ▲12%; Now 92
Deferred income: —; Now —
Fixed assets: ▲6%; Now £4.5m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.2m), from the Companies House accounts bulk data published Dec 2025. 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.