How much does Best Foods Limited make?

Best Foods Limited reported revenue of £64.5m and £457k profit in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does Best Foods Limited have?

Best Foods Limited reported an average of 18 employees in the year to 30 Sep 2023.

Is Best Foods Limited profitable?

Yes — Best Foods Limited reported a profit of £457k in the year to 30 Sep 2023.

Company No. 04527390 · Incorporated 5 Sep 2002

Best Foods Limited

Registered name: BEST FOODS LIMITED

Best Foods Limited made £64.5m revenue and £457k profit in the year to 30 Sep 2023.

Best Foods Limited’s revenue grew 14% to £64.5m in the year to 30 Sep 2023, with £457k profit and 18 employees. The company is classified under “wholesale of fruit and vegetables” and is based in Harpenden; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46310Wholesale of fruit and vegetables SIC 46320Wholesale of meat and meat products SIC 46900Non-specialised wholesale trade

Status: Active
Location: Harpenden, East of England
Age: 24 yrs · since 2002
Type: Private Limited Company

Latest accounts · year to 30 Sep 2023

Key figures

IndependentCapital-lightCash flow filed

Revenue

£64.5m

Growth ▲13.8%

Profit

£457k

Growth ▼53.8%

Profit margin

0.7%

Gross 4.5%

Employees

Change 0%

Profit / employee

£25.4k

Revenue/employee £3.6m

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£56.7m	£64.5m
Cost of sales	£53.8m	£61.6m
Gross profit	£2.9m	£2.9m
Operating profit	£992k	£586k
Profit before tax	£1.2m	£598k
Profit after tax	£990k	£457k
Profit (best available)	£990k	£457k
Staff costs	£1.3m	£1.5m
Employees (average)	18	18
Ratios
Profit margin	1.8%	0.7%
Gross margin	5.1%	4.5%
Revenue per employee	£3.1m	£3.6m
Profit per employee	£55k	£25.4k
Cash conversion	67.8%	−583.6%
Growth (year on year)
Revenue growth	—	▲13.8%
Profit growth	—	▼53.8%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£661k	£2.5m
Net assets	£9m	£9.4m
Fixed assets	£20.3k	£3.6k
Current assets	£15.3m	£14.6m
Debtors	£9.6m	£4.6m
Deferred income	£140k	£103k
Cash from operations	£673k	−£3.4m
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024

Derived from the latest filing

How the business works

Profit margin: 0.7%; Profit ÷ revenue.
Gross margin: 4.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £3.6m; Revenue ÷ average employees.
Profit per employee: £25.4k; Profit ÷ average employees.
Cash conversion: −583.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.2%; 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: ▲5%; Now £9.4m
Cash at bank: ▲279%; Now £2.5m
Headcount: 0%; Now 18
Deferred income: ▼26%; Now £103k
Fixed assets: ▼82%; Now £3.6k

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

Subsidiaries (1)

Scandic 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 30 Sep 2023 (profit £457k), from the Companies House accounts bulk data published Jan 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.