Creed Catering Supplies Limited
Registered name: CREED CATERING SUPPLIES LIMITED
Part of Kite UK Topco Limited groupCreed Catering Supplies Limited made £0 revenue and £464k profit in the year to 31 Oct 2024.
Creed Catering Supplies Limited’s revenue was £0 in the year to 31 Oct 2024, with £464k profit. The company is classified under “non-specialised wholesale of food, beverages and tobacco” and is based in North Shields; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- North Shields
- Age
- 22 yrs · since 2004
- Type
- Private Limited Company
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Financial history
| Year to | 30 Dec 2022 | 31 Oct 2023 | 30 Dec 2023 | 31 Oct 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £101m | £0 | £124m | £0 |
| Cost of sales | −£71.5m | £0 | −£88.5m | £0 |
| Gross profit | £29.9m | £0 | £35.7m | £0 |
| Operating profit | £5m | £1.4m | £7.9m | £464k |
| Profit before tax | £4.9m | £1.4m | £7.8m | £464k |
| Profit after tax | £3.9m | £1.4m | £5.9m | £464k |
| Profit (best available) | £3.9m | £1.4m | £5.9m | £464k |
| Employees (average) | 397 | — | 430 | — |
| Ratios | ||||
| Profit margin | 3.8% | — | 4.8% | — |
| Gross margin | 29.5% | — | 28.7% | — |
| Revenue per employee | £255k | — | £289k | — |
| Profit per employee | £9.8k | — | £13.8k | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼100% | — | — |
| Profit growth | — | ▼64.3% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | — | — | — | — |
| Source | Accounts · bulk data Aug 2024 | Accounts · bulk data Jul 2025 | Accounts · bulk data Aug 2024 | Accounts · bulk data Jul 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Kite UK Topco Limitedultimate parent75–100%
- Kite UK Midco Limited75–100%
- Kite UK Bidco Limited75–100%
- Kitwave Group Limited75–100%
- Kitwave Investments Limited75–100%
- Kitwave One Limited75–100%
- Kitwave Limited75–100%
- Creed Catering Supplies Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Creed Foodservice LimitedFigures not disclosed
Sister companies (11)
- Automatic Retailing (Northern) LimitedFigures not disclosed
- David Miller Frozen Foods LimitedFigures not disclosed
- Eden Farm LimitedFigures not disclosed
- F.W. Bishop & Son LimitedFigures not disclosed
- H B Clark Holdings LimitedFigures not disclosed
- M.& M.value LimitedFigures not disclosed
- M.J. Baker Foodservice LimitedFigures not disclosed
- Squirrels UK LimitedFigures not disclosed
- Turner & Wrights LimitedFigures not disclosed
- Westcountry Food Holdings LtdFigures not disclosed
- Westone Wholesale LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Oct 2024 (profit £464k), from the Companies House accounts bulk data published Jul 2025. Spotted an error? Request a correction.
Updated from Companies House on 20 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.