How much does Ready Foods Limited make?

Ready Foods Limited reported revenue of £12.6m and £77.3k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Ready Foods Limited have?

Ready Foods Limited reported an average of 89 employees in the year to 31 Mar 2025.

Is Ready Foods Limited profitable?

Yes — Ready Foods Limited reported a profit of £77.3k in the year to 31 Mar 2025.

Company No. 05538853 · Incorporated 17 Aug 2005

Ready Foods Limited

Registered name: READY FOODS LIMITED

Part of Laf Holdings Limited group

Ready Foods Limited made £12.6m revenue and £77.3k profit in the year to 31 Mar 2025.

Ready Foods Limited’s revenue fell 7% to £12.6m in the year to 31 Mar 2025, with £77.3k profit and 89 employees. The company is classified under “manufacture of prepared meals and dishes” and is based in Oswestry; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 10850Manufacture of prepared meals and dishes

Status: Active
Location: Oswestry, West Midlands
Age: 21 yrs · since 2005
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 Mar 2025

Key figures

Revenue

£12.6m

Growth ▼7%

Profit

£77.3k

Growth ▼78.1%

Profit margin

0.6%

Gross 27.8%

Employees

Change ▼13.6%

Profit / employee

£869

Revenue/employee £141k

Profitable streak

4yrs

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.5m	£13.8m	£13.5m	£12.6m
Cost of sales	£9.8m	£10m	£9.6m	£9.1m
Gross profit	£2.7m	£3.8m	£3.9m	£3.5m
Operating profit	£374k	£731k	£466k	£121k
Profit before tax	£382k	£737k	£484k	£123k
Profit after tax	£317k	£557k	£353k	£77.3k
Profit (best available)	£317k	£557k	£353k	£77.3k
Staff costs	£2.5m	£3m	£3.1m	£3m
Employees (average)	100	109	103	89
Ratios
Profit margin	2.5%	4%	2.6%	0.6%
Gross margin	21.7%	27.6%	28.8%	27.8%
Revenue per employee	£125k	£126k	£131k	£141k
Profit per employee	£3.2k	£5.1k	£3.4k	£869
Growth (year on year)
Revenue growth	—	▲10.3%	▼1.8%	▼7%
Profit growth	—	▲76%	▼36.6%	▼78.1%
Headcount growth	—	▲9%	▼5.5%	▼13.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£245k	£79.6k	£842	£215
Net assets	£1.1m	£1.6m	£2m	£2m
Fixed assets	£3m	£3.1m	£3.1m	£2.8m
Current assets	£3.1m	£3.4m	£2.7m	£2.6m
Debtors	£1.6m	£1.5m	£1.1m	£1.3m
Deferred income	£271k	£263k	—	—
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 0.6%; Profit ÷ revenue.
Gross margin: 27.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £141k; Revenue ÷ average employees.
Profit per employee: £869; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 21.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.2%; 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: ▲4%; Now £2m
Cash at bank: ▼74%; Now £215
Headcount: ▼14%; Now 89
Deferred income: —; Now —
Fixed assets: ▼12%; Now £2.8m

Corporate ownership

Group structure

Ownership chain

Laf Holdings Limitedultimate parent75–100%
MVH Limited75–100%
Ready Foods Limitedthis company

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

Sister companies (3)

Meadowvale Foods LtdRev. £142m · Profit £6.2m
Seafeast LimitedRev. £0 · Profit £0
MJS Blackshaw Holdings 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 Mar 2025 (profit £77.3k), from the Companies House accounts bulk data published Dec 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.