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Company No. 03100979 · Incorporated 12 Sep 1995

London Dairies Limited

Registered name: LONDON DAIRIES LIMITED

Part of London Dairies Holdings Limited group

London Dairies Limited made £13.8m revenue and £869k profit in the year to 31 May 2025.

London Dairies Limited’s revenue fell 5% to £13.8m in the year to 31 May 2025, with £869k profit and 23 employees. The company is classified under “wholesale of dairy products, eggs and edible oils and fats” and is based in Barnet; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46330Wholesale of dairy products, eggs and edible oils and fats
Status
Active
Location
Barnet, 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 May 2025

Key figures

Capital-lightCash flow filed
Revenue
£13.8m
Growth ▼5.4%
Profit
£869k
Growth ▼43.4%
Profit margin
6.3%
Gross 17.8%
Employees
23
Change ▼4.2%
Profit / employee
£37.8k
Revenue/employee £600k
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 May 202231 May 202331 May 202431 May 2025
DisclosureNo P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£15.3m£14.6m£13.8m
Cost of sales—£12.9m£11.5m£11.3m
Gross profit—£2.4m£3.1m£2.5m
Operating profit—£1.4m£2m£1.2m
Profit before tax—£1.4m£2m£1.2m
Profit after tax—£1.1m£1.5m£869k
Profit (best available)—£1.1m£1.5m£869k
Staff costs—£919k£1.1m£1.3m
Employees (average)23242423
Ratios
Profit margin—7.3%10.5%6.3%
Gross margin—15.7%20.9%17.8%
Revenue per employee—£639k£608k£600k
Profit per employee—£46.9k£63.9k£37.8k
Cash conversion—−95.8%−110.1%−98.6%
Growth (year on year)
Revenue growth——▼4.9%▼5.4%
Profit growth——▲36.2%▼43.4%
Headcount growth—▲4.3%0%▼4.2%
Balance sheet — indirect signals, not revenue
Cash at bank£1.8m£2.3m£1.4m£788k
Net assets£3.1m£4m£2.7m£2.8m
Fixed assets£290k£648k£649k£686k
Current assets£3.9m£4.5m£3.7m£3.2m
Debtors£1.1m£1.4m£1.3m£1.3m
Deferred income—£203k£270k£203k
Cash from operations—−£1.3m−£2.2m−£1.1m
SourceFullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2025FullAccounts · bulk data Feb 2026
Derived from the latest filing

How the business works

Profit margin
6.3%
Profit ÷ revenue.
Gross margin
17.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£600k
Revenue ÷ average employees.
Profit per employee
£37.8k
Profit ÷ average employees.
Cash conversion
−98.6%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
9.2%
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
▲2%
Now £2.8m
Cash at bank
▼45%
Now £788k
Headcount
▼4%
Now 23
Deferred income
▼25%
Now £203k
Fixed assets
▲6%
Now £686k

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. London Dairies Holdings Limitedultimate parent75–100%
  2. London Dairies Limitedthis 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

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 May 2025 (profit £869k), from the Companies House accounts bulk data published Feb 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.