Totally Welsh Limited
Registered name: TOTALLY WELSH LIMITED
Part of Nijjar Group Freshway Holdings Limited groupTotally Welsh Limited made £21.5m revenue and £780k profit in the year to 30 Apr 2024.
Totally Welsh Limited’s revenue fell 15% to £21.5m in the year to 30 Apr 2024, with £780k profit and 114 employees. The company is classified under “liquid milk and cream production” and is based in Camberley; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Camberley, South East
- Age
- 27 yrs · since 1999
- 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 | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £17.2m | £25.1m | £21.5m |
| Cost of sales | £11.5m | £18.3m | £13.9m |
| Gross profit | £5.8m | £6.8m | £7.6m |
| Operating profit | £245k | £597k | — |
| Profit before tax | £223k | £530k | £1m |
| Profit after tax | £285k | £427k | £780k |
| Profit (best available) | £285k | £427k | £780k |
| Staff costs | £2.8m | £3m | £3.6m |
| Employees (average) | 112 | 110 | 114 |
| Ratios | |||
| Profit margin | 1.7% | 1.7% | 3.6% |
| Gross margin | 33.5% | 27.1% | 35.3% |
| Revenue per employee | £154k | £229k | £188k |
| Profit per employee | £2.5k | £3.9k | £6.8k |
| Cash conversion | −22.4% | 147.1% | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲45.9% | ▼14.6% |
| Profit growth | — | ▲50% | ▲82.7% |
| Headcount growth | — | ▼1.8% | ▲3.6% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £488k | £289k | £214k |
| Net assets | £5m | £5.4m | £6.2m |
| Fixed assets | £5.5m | £5.9m | £6.8m |
| Current assets | £4.1m | £4.3m | £3.4m |
| Debtors | £2.7m | £2.9m | £2.1m |
| Cash from operations | −£54.9k | £879k | £1.5m |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- 3.6%
- Profit ÷ revenue.
- Gross margin
- 35.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £188k
- Revenue ÷ average employees.
- Profit per employee
- £6.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 31.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.7%
- 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
- ▲14%
- Now £6.2m
- Cash at bank
- ▼26%
- Now £214k
- Headcount
- ▲4%
- Now 114
- Deferred income
- —
- Now —
- Fixed assets
- ▲16%
- Now £6.8m
Group structure
Ownership chain
- Nijjar Group Freshway Holdings Limitedultimate parent75–100%
- Nijjar Group Holdings (Acton) Limited75–100%
- Nijjar Holdings Limited75–100%
- Totally Welsh (Holdings) Limited75–100%
- Totally Welsh 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 30 Apr 2024 (profit £780k), from the Companies House accounts bulk data published Oct 2024. 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.