How much does FGS Ingredients Limited make?

FGS Ingredients Limited reported revenue of £30.9m and £2.3m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does FGS Ingredients Limited have?

FGS Ingredients Limited reported an average of 106 employees in the year to 31 Mar 2025.

Is FGS Ingredients Limited profitable?

Yes — FGS Ingredients Limited reported a profit of £2.3m in the year to 31 Mar 2025.

Company No. 03145946 · Incorporated 15 Jan 1996

FGS Ingredients Limited

Registered name: FGS INGREDIENTS LIMITED

Part of Caskad Enterprises (PVT) Limited group

FGS Ingredients Limited made £30.9m revenue and £2.3m profit in the year to 31 Mar 2025.

FGS Ingredients Limited’s revenue grew 20% to £30.9m in the year to 31 Mar 2025, with £2.3m profit and 106 employees. The company is classified under “manufacture of condiments and seasonings”; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 10840Manufacture of condiments and seasonings

Status: Active
Location: East Midlands
Age: 30 yrs · since 1996
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 leverage

Revenue

£30.9m

Growth ▲19.6%

Profit

£2.3m

Growth ▲43.8%

Profit margin

7.6%

Gross 28.3%

Employees

106

Change ▲14%

Profit / employee

£22.2k

Revenue/employee £292k

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£17.3m	£19.3m	£25.8m	£30.9m
Cost of sales	£13.6m	£14.8m	£19.3m	£22.2m
Gross profit	£3.7m	£4.5m	£6.5m	£8.7m
Operating profit	£938k	£747k	£2.1m	£2.7m
Profit before tax	£890k	£714k	£2m	£2.4m
Profit after tax	£1.5m	£575k	£1.6m	£2.3m
Profit (best available)	£1.5m	£575k	£1.6m	£2.3m
Staff costs	£1.9m	£2.2m	£2.8m	£3.6m
Employees (average)	45	78	93	106
Ratios
Profit margin	8.5%	3%	6.3%	7.6%
Gross margin	21.2%	23.2%	25.3%	28.3%
Revenue per employee	£385k	£247k	£278k	£292k
Profit per employee	£32.6k	£7.4k	£17.6k	£22.2k
Growth (year on year)
Revenue growth	—	▲11.5%	▲33.9%	▲19.6%
Profit growth	—	▼60.8%	▲183.7%	▲43.8%
Headcount growth	—	▲73.3%	▲19.2%	▲14%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£1.2m	£451k	£49.6k
Net assets	£4.2m	£4.7m	£6.2m	£8.4m
Fixed assets	£352k	£351k	£470k	£300k
Current assets	£9.3m	£12.1m	£16.3m	£21.1m
Debtors	£3.3m	£4m	£5m	£6m
Deferred income	£138k	£260k	£194k	£282k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 7.6%; Profit ÷ revenue.
Gross margin: 28.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £292k; Revenue ÷ average employees.
Profit per employee: £22.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.3%; 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: ▲36%; Now £8.4m
Cash at bank: ▼89%; Now £49.6k
Headcount: ▲14%; Now 106
Deferred income: ▲45%; Now £282k
Fixed assets: ▼36%; Now £300k

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

Caskad Enterprises (PVT) Limitedultimate parent75–100%
FGS Ingredients Limitedthis company

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

Sister companies (1)

Top Fashions Leicester LimitedFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.3m), 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.