London Dairies Limited
Registered name: LONDON DAIRIES LIMITED
Part of London Dairies Holdings Limited groupLondon 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.
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full 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) | 23 | 24 | 24 | 23 |
| 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 |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
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.
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.
Group structure
Ownership chain
- London Dairies Holdings Limitedultimate parent75–100%
- 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).
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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.