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Company No. 03037523 · Incorporated 24 Mar 1995

Direct Meats (Knights Farm) Ltd

Registered name: DIRECT MEATS (KNIGHTS FARM) LTD

Part of Direct Consolidated Limited group

Direct Meats (Knights Farm) Ltd made £15.1m revenue and £361k profit in the year to 31 Dec 2025.

Direct Meats (Knights Farm) Ltd’s revenue was £15.1m in the year to 31 Dec 2025, with £361k profit and 129 employees. The company is classified under “processing and preserving of meat” and is based in Witham; we hold 5 years of its filed accounts.

Status
Active
Location
Witham, East of England
Age
31 yrs · since 1995
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.

Latest accounts · year to 31 Dec 2025

Key figures

Revenue
£15.1m
Growth —
Profit
£361k
Growth —
Profit margin
2.4%
Gross 14.3%
Employees
129
Change —
Profit / employee
£2.8k
Revenue/employee £117k
Profitable streak
1yr
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 May 202231 May 202331 May 202431 May 202531 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£16.4m£19.5m£19.4m£19.7m£15.1m
Cost of sales£14m£16.4m£16.6m£17.1m£12.9m
Gross profit£2.4m£3.1m£2.8m£2.6m£2.2m
Operating profit£412k£768k£306k−£144k£603k
Profit before tax£289k£588k£151k−£315k£492k
Profit after tax£277k£353k£95.9k−£250k£361k
Profit (best available)£277k£353k£95.9k−£250k£361k
Staff costs£2.8m£3.2m£3.5m£3.8m£2.6m
Employees (average)100102105116129
Ratios
Profit margin1.7%1.8%0.5%−1.3%2.4%
Gross margin14.5%15.9%14.6%13.4%14.3%
Revenue per employee£164k£191k£185k£170k£117k
Profit per employee£2.8k£3.5k£914−£2.2k£2.8k
Growth (year on year)
Revenue growth—▲18.9%▼0.4%▲1.4%—
Profit growth—▲27.2%▼72.8%▼360.9%—
Headcount growth—▲2%▲2.9%▲10.5%—
Balance sheet — indirect signals, not revenue
Cash at bank£157k£133k£156k£88.4k£280k
Net assets£2.8m£4.6m£4.7m£4.5m£4.9m
Fixed assets£4m£4.2m£4.4m£4.7m£4.6m
Current assets£4.7m£6m£5.1m£4.9m£6.3m
Debtors£2m£1.9m£1.6m£1.9m£2.9m
Deferred income£160k£270k£268k£277k£339k
SourceFullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2025FullAccounts · bulk data Feb 2026FullAccounts · bulk data Mar 2026
Derived from the latest filing

How the business works

Profit margin
2.4%
Profit ÷ revenue.
Gross margin
14.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£117k
Revenue ÷ average employees.
Profit per employee
£2.8k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
30.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2.3%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
19.1%
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
—
Now £4.9m
Cash at bank
—
Now £280k
Headcount
—
Now 129
Deferred income
—
Now £339k
Fixed assets
—
Now £4.6m

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. Direct Consolidated Limitedultimate parent75–100%
  2. Direct Holdings Limited75–100%
  3. Direct Meats (Knights Farm) Ltdthis company

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

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 £361k), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.

Updated from Companies House on 24 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.