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Company No. 03819415 · Incorporated 30 Jul 1999

Lloyd's Animal Feeds (Western) Limited

Registered name: LLOYD'S ANIMAL FEEDS (WESTERN) LIMITED

Part of Laf Holdings Limited group

Lloyd's Animal Feeds (Western) Limited made £105m revenue and £1.1m profit in the year to 31 Mar 2025.

Lloyd's Animal Feeds (Western) Limited’s revenue grew 17% to £105m in the year to 31 Mar 2025, with £1.1m profit and 49 employees. The company is classified under “grain milling” and is based in Oswestry; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 10611Grain millingSIC 10910Manufacture of prepared feeds for farm animals
Status
Active
Location
Oswestry, West Midlands
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. From the filing: “LAF Holdings Limited”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light
Revenue
£105m
Growth ▲16.9%
Profit
£1.1m
Growth ▲9.4%
Profit margin
1.1%
Gross 7.8%
Employees
49
Change ▲4.3%
Profit / employee
£23.2k
Revenue/employee £2.1m
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 to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£74.4m£105m£89.6m£105m
Cost of sales£69.8m£97.9m£81.6m£96.5m
Gross profit£4.7m£6.6m£8m£8.2m
Operating profit£1.2m£1.7m£1.4m£1.5m
Profit before tax£1.1m£1.6m£1.4m£1.5m
Profit after tax£882k£1.3m£1m£1.1m
Profit (best available)£882k£1.3m£1m£1.1m
Staff costs£1.9m£2.1m£2.4m£2.5m
Employees (average)43464749
Ratios
Profit margin1.2%1.3%1.2%1.1%
Gross margin6.3%6.3%8.9%7.8%
Revenue per employee£1.7m£2.3m£1.9m£2.1m
Profit per employee£20.5k£28.9k£22.2k£23.2k
Growth (year on year)
Revenue growth—▲40.4%▼14.3%▲16.9%
Profit growth—▲50.5%▼21.6%▲9.4%
Headcount growth—▲7%▲2.2%▲4.3%
Balance sheet — indirect signals, not revenue
Cash at bank£4m£5m£4.5m£3.2m
Net assets£7.4m£8.7m£9.8m£10.9m
Fixed assets£1.3m£2.3m£2.7m£1.8m
Current assets£21.4m£30.5m£25.6m£25.1m
Debtors£14.1m£20.7m£17.6m£18.6m
Deferred income£466k£650k£741k£635k
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
1.1%
Profit ÷ revenue.
Gross margin
7.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£2.1m
Revenue ÷ average employees.
Profit per employee
£23.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.6%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
17.8%
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
▲12%
Now £10.9m
Cash at bank
▼29%
Now £3.2m
Headcount
▲4%
Now 49
Deferred income
▼14%
Now £635k
Fixed assets
▼31%
Now £1.8m

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. Laf Holdings Limitedultimate parent75–100%
  2. Lloyd's Animal Feeds (Western) Limitedthis company

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

Sister companies (39)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.1m), 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.