Soanes Poultry Ltd
Registered name: SOANES POULTRY LTD
Soanes Poultry Ltd made £39.3m revenue and £2.1m profit in the year to 31 Mar 2025.
Soanes Poultry Ltd’s revenue grew 10% to £39.3m in the year to 31 Mar 2025, with £2.1m profit and 155 employees. The company is classified under “production of meat and poultry meat products” and is based in Driffield; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Driffield, Yorkshire and The Humber
- Age
- 22 yrs · since 2004
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £35.1m | £35.7m | £39.3m |
| Cost of sales | £30.7m | £30.6m | £31.6m |
| Gross profit | £4.5m | £5.1m | £7.6m |
| Operating profit | £415k | £570k | £2.8m |
| Profit before tax | £430k | £627k | £2.8m |
| Profit after tax | £323k | £484k | £2.1m |
| Profit (best available) | £323k | £484k | £2.1m |
| Staff costs | £3.6m | £4.3m | — |
| Employees (average) | 124 | 139 | 155 |
| Ratios | |||
| Profit margin | 0.9% | 1.4% | 5.4% |
| Gross margin | 12.7% | 14.3% | 19.4% |
| Revenue per employee | £283k | £257k | £253k |
| Profit per employee | £2.6k | £3.5k | £13.7k |
| Cash conversion | −374.8% | −356.5% | −107.5% |
| Growth (year on year) | |||
| Revenue growth | — | ▲1.5% | ▲10.1% |
| Profit growth | — | ▲50% | ▲338.1% |
| Headcount growth | — | ▲12.1% | ▲11.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.2m | £2.5m | £4.7m |
| Net assets | £4.4m | £4.9m | £7m |
| Fixed assets | £4.1m | £4m | £4.1m |
| Current assets | £4.7m | £6m | £8.4m |
| Debtors | £2.5m | £2.3m | £3.1m |
| Cash from operations | −£1.6m | −£2m | −£3m |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 5.4%
- Profit ÷ revenue.
- Gross margin
- 19.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £253k
- Revenue ÷ average employees.
- Profit per employee
- £13.7k
- Profit ÷ average employees.
- Cash conversion
- −107.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 10.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.8%
- 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
- ▲44%
- Now £7m
- Cash at bank
- ▲89%
- Now £4.7m
- Headcount
- ▲12%
- Now 155
- Deferred income
- —
- Now —
- Fixed assets
- ▲2%
- Now £4.1m
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.1m), from the Companies House accounts bulk data published Oct 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.