Select Poultry & Meat Ltd
Registered name: SELECT POULTRY & MEAT LTD
Part of Org Holdings Limited groupSelect Poultry & Meat Ltd made £25.4m revenue and £733k profit in the year to 31 Dec 2023.
Select Poultry & Meat Ltd’s revenue grew 1% to £25.4m in the year to 31 Dec 2023, with £733k profit and 104 employees. The company is classified under “retail sale of meat and meat products in specialised stores” and is based in Waltham Cross; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Waltham Cross, East of England
- Age
- 23 yrs · since 2003
- 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 | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £16.8m | £25.2m | £25.4m |
| Cost of sales | £15m | £21.1m | £21.5m |
| Gross profit | £1.8m | £4.1m | £3.9m |
| Operating profit | £80.5k | £1m | £1m |
| Profit before tax | £43.4k | £990k | £976k |
| Profit after tax | £32.5k | £1.1m | £733k |
| Profit (best available) | £32.5k | £1.1m | £733k |
| Staff costs | £3m | £3.6m | — |
| Employees (average) | 99 | 94 | 104 |
| Ratios | |||
| Profit margin | 0.2% | 4.4% | 2.9% |
| Gross margin | 10.9% | 16.2% | 15.3% |
| Revenue per employee | £170k | £268k | £244k |
| Profit per employee | £329 | £11.7k | £7k |
| Cash conversion | −168.7% | 19.9% | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲49.6% | ▲0.7% |
| Profit growth | — | ▲3284% | ▼33.5% |
| Headcount growth | — | ▼5.1% | ▲10.6% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £879k | £863k | £1.4m |
| Net assets | £587k | £1.3m | £1.9m |
| Fixed assets | £857k | £811k | £741k |
| Current assets | £5m | £5.9m | £6.4m |
| Debtors | £2.5m | £3.3m | £3m |
| Cash from operations | −£136k | £207k | — |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 2.9%
- Profit ÷ revenue.
- Gross margin
- 15.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £244k
- Revenue ÷ average employees.
- Profit per employee
- £7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.8%
- 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
- ▲42%
- Now £1.9m
- Cash at bank
- ▲66%
- Now £1.4m
- Headcount
- ▲11%
- Now 104
- Deferred income
- —
- Now —
- Fixed assets
- ▼9%
- Now £741k
Group structure
Ownership chain
- Org Holdings Limitedultimate parent75–100%
- Select Poultry & Meat Ltdthis 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).
Similar profitable businesses
- Scopeway LimitedHarrow · Retail sale of meat and meat products in specialised stores
- Revenue
- £23.7m
- Profit
- £1.5m
- Staff
- 68
- Sterling Meat Company LimitedManchester · Retail sale of meat and meat products in specialised stores
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- £27.5m
- Profit
- £1.1m
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- Reeves Butchers Ltd.Bracknell · Retail sale of meat and meat products in specialised stores
- Revenue
- £16.4m
- Profit
- £260k
- Staff
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- Watermoor Meat Supply LimitedChippenham · Retail sale of meat and meat products in specialised stores
- Revenue
- £11.8m
- Profit
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- West Scottish Lamb LimitedIndustrial Estate Carlisle · Retail sale of meat and meat products in specialised stores
- Revenue
- £74.5m
- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £733k), from the Companies House accounts bulk data published Dec 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.