How much does Delifresh Limited make?

Delifresh Limited reported revenue of £70.6m and a loss of £66.3k in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Delifresh Limited have?

Delifresh Limited reported an average of 409 employees in the year to 31 May 2025.

Is Delifresh Limited profitable?

No — Delifresh Limited reported a loss of £66.3k in the year to 31 May 2025.

Company No. 04437211 · Incorporated 13 May 2002

Delifresh Limited

Registered name: DELIFRESH LIMITED

Part of Musgrave Investments Limited group

Delifresh Limited made £70.6m revenue and a £66.3k loss in the year to 31 May 2025.

Delifresh Limited’s revenue grew 10% to £70.6m in the year to 31 May 2025, with a loss of £66.3k and 409 employees. The company is classified under “other food services” and is based in Leeds; we hold 4 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56290Other food services

Status: Active
Location: Leeds, Yorkshire and The Humber
Age: 24 yrs · since 2002
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

Cash flow filed

Revenue

£70.6m

Growth ▲10.2%

Profit

−£66.3k

Growth ▼116.1%

Profit margin

−0.1%

Gross 32.4%

Employees

409

Change ▲5.4%

Profit / employee

−£162

Revenue/employee £173k

Profitable streak

0yrs

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 May 2022	31 May 2023	31 May 2024	31 May 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£44.9m	£56.8m	£64.1m	£70.6m
Cost of sales	£30.5m	£38.7m	£43.5m	£47.8m
Gross profit	£14.4m	£18.1m	£20.6m	£22.9m
Operating profit	£1.5m	£1.2m	£764k	£320k
Profit before tax	£1.4m	£1m	£646k	£117k
Profit after tax	£1.1m	£774k	£410k	−£66.3k
Profit (best available)	£1.1m	£774k	£410k	−£66.3k
Staff costs	£8.8m	£11.6m	£13.9m	£15.4m
Employees (average)	307	355	388	409
Ratios
Profit margin	2.5%	1.4%	0.6%	−0.1%
Gross margin	32%	31.8%	32.2%	32.4%
Revenue per employee	£146k	£160k	£165k	£173k
Profit per employee	£3.6k	£2.2k	£1.1k	−£162
Cash conversion	−8%	−77.3%	−81.9%	−1526%
Growth (year on year)
Revenue growth	—	▲26.5%	▲12.9%	▲10.2%
Profit growth	—	▼30.5%	▼47%	▼116.1%
Headcount growth	—	▲15.6%	▲9.3%	▲5.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.7m	£1.9m	£1.5m	£647k
Net assets	£3.9m	£4.7m	£5.1m	£5m
Fixed assets	£2.6m	£3m	£3.3m	£7.7m
Current assets	£11.2m	£12m	£12.4m	£12.7m
Debtors	£6.8m	£7.3m	£7.9m	£8.4m
Deferred income	£2.1m	£3m	£3.1m	£2.3m
Cash from operations	−£116k	−£893k	−£626k	−£4.9m
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: −0.1%; Profit ÷ revenue.
Gross margin: 32.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £173k; Revenue ÷ average employees.
Profit per employee: −£162; Profit ÷ average employees.
Cash conversion: −1526%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.8%; 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: ▼1%; Now £5m
Cash at bank: ▼57%; Now £647k
Headcount: ▲5%; Now 409
Deferred income: ▼26%; Now £2.3m
Fixed assets: ▲133%; Now £7.7m

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

Musgrave Investments Limitedultimate parent75–100%
Delifresh Limitedthis company

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

Sister companies (10)

High Water Drinks LimitedFigures not disclosed
J & J Haslett Holdings LimitedFigures not disclosed
Musgrave Distribution LimitedFigures not disclosed
Musgrave Retail Partners Ni LimitedFigures not disclosed
Musgrave Retail Stores Ni LimitedFigures not disclosed
Parkview Provisions LimitedFigures not disclosed
Ritter-Courivaud LimitedFigures not disclosed
Robb Brothers Wine Merchants LtdFigures not disclosed
The Good Food Shop (Hill Street) Newry LimitedFigures not disclosed
Town & Country Fine Foods LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2025 (profit −£66.3k), 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.