How much does Icefront Limited make?

Icefront Limited reported revenue of £32.3m and £4.8m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Icefront Limited have?

Icefront Limited reported an average of 16 employees in the year to 31 Mar 2025.

Is Icefront Limited profitable?

Yes — Icefront Limited reported a profit of £4.8m in the year to 31 Mar 2025.

Company No. 03064035 · Incorporated 2 Jun 1995

Icefront Limited

Registered name: ICEFRONT LIMITED

Part of Crislex Limited group

Icefront Limited made £32.3m revenue and £4.8m profit in the year to 31 Mar 2025.

Icefront Limited’s revenue grew 1% to £32.3m in the year to 31 Mar 2025, with £4.8m profit and 16 employees. The company is classified under “wholesale of meat and meat products” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46320Wholesale of meat and meat products

Status: Active
Location: London, London
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 Mar 2025

Key figures

Capital-lightOperating leverageDoing more with less

Revenue

£32.3m

Growth ▲1.1%

Profit

£4.8m

Growth ▲158.6%

Profit margin

14.9%

Gross 10.6%

Employees

Change ▼5.9%

Profit / employee

£300k

Revenue/employee £2m

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Aug 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£33.7m	£19.7m	£31.9m	£32.3m
Cost of sales	£30m	£17.3m	£27.6m	£28.8m
Gross profit	£3.7m	£2.4m	£4.3m	£3.4m
Operating profit	£2.4m	£9.4m	£2.5m	£1.5m
Profit before tax	£2.6m	£9.7m	£2.5m	£5.2m
Profit after tax	£2.2m	£7.9m	£1.9m	£4.8m
Profit (best available)	£2.2m	£7.9m	£1.9m	£4.8m
Staff costs	—	—	£1.2m	£1.4m
Employees (average)	13	17	17	16
Ratios
Profit margin	6.4%	40.3%	5.8%	14.9%
Gross margin	11%	12.1%	13.5%	10.6%
Revenue per employee	£2.6m	£1.2m	£1.9m	£2m
Profit per employee	£167k	£466k	£109k	£300k
Cash conversion	−107.7%	−9.3%	−413.7%	—
Growth (year on year)
Revenue growth	—	—	—	▲1.1%
Profit growth	—	—	—	▲158.6%
Headcount growth	—	—	—	▼5.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.7m	£1.4m	£973k	£1.5m
Net assets	£3.7m	£11m	£4.8m	£5.6m
Fixed assets	£752k	£736k	£893k	£2.9m
Current assets	£3.9m	£12.7m	£5.5m	£5.1m
Debtors	£2.1m	£2.3m	£2.2m	£2.2m
Cash from operations	−£2.6m	−£870k	−£10.3m	—
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 14.9%; Profit ÷ revenue.
Gross margin: 10.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2m; Revenue ÷ average employees.
Profit per employee: £300k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.8%; 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: ▲16%; Now £5.6m
Cash at bank: ▲49%; Now £1.5m
Headcount: ▼6%; Now 16
Deferred income: —; Now —
Fixed assets: ▲223%; Now £2.9m

Corporate ownership

Group structure

Ownership chain

Crislex Limitedultimate parent75–100%
Icefront Limitedthis company

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

Subsidiaries (1)

Vixelli LimitedFigures not disclosed

Sister companies (2)

Butcher & Edmonds LimitedFigures not disclosed
Finclass LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £4.8m), 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.