How much does Springhill Farms (Pershore) Limited make?

Springhill Farms (Pershore) Limited reported revenue of £128m and £1.8m profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Springhill Farms (Pershore) Limited have?

Springhill Farms (Pershore) Limited reported an average of 531 employees in the year to 31 Mar 2024.

Is Springhill Farms (Pershore) Limited profitable?

Yes — Springhill Farms (Pershore) Limited reported a profit of £1.8m in the year to 31 Mar 2024.

Company No. 06015601 · Incorporated 1 Dec 2006

Springhill Farms (Pershore) Limited

Registered name: SPRINGHILL FARMS (PERSHORE) LIMITED

Part of Mapp Holdings Limited group

Springhill Farms (Pershore) Limited made £128m revenue and £1.8m profit in the year to 31 Mar 2024.

Springhill Farms (Pershore) Limited’s revenue grew 16% to £128m in the year to 31 Mar 2024, with £1.8m profit and 531 employees. The company is classified under “growing of vegetables and melons, roots and tubers” and is based in Evesham; we hold 3 years of its filed accounts.

Full P&L filedSection A · Agriculture, forestry and fishingSIC 01130Growing of vegetables and melons, roots and tubers SIC 46310Wholesale of fruit and vegetables

Status: Active
Location: Evesham, West Midlands
Age: 19 yrs · since 2006
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. From the filing: “MAPP Holdings Limited”

Latest accounts · year to 31 Mar 2024

Key figures

Cash flow filed

Revenue

£128m

Growth ▲15.9%

Profit

£1.8m

Growth ▼27.1%

Profit margin

1.4%

Gross 7.8%

Employees

531

Change ▲10.2%

Profit / employee

£3.4k

Revenue/employee £241k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£97.2m	£110m	£128m
Cost of sales	£86.9m	£100m	£118m
Gross profit	£10.2m	£10.2m	£10m
Operating profit	£4.6m	£4.2m	—
Profit before tax	£3.1m	£2.9m	£2.8m
Profit after tax	£2.5m	£2.5m	£1.8m
Profit (best available)	£2.5m	£2.5m	£1.8m
Staff costs	£10.8m	£13.8m	£15.8m
Employees (average)	444	482	531
Ratios
Profit margin	2.6%	2.3%	1.4%
Gross margin	10.5%	9.3%	7.8%
Revenue per employee	£219k	£229k	£241k
Profit per employee	£5.6k	£5.2k	£3.4k
Cash conversion	252.6%	272.5%	—
Growth (year on year)
Revenue growth	—	▲13.5%	▲15.9%
Profit growth	—	▼0.4%	▼27.1%
Headcount growth	—	▲8.6%	▲10.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£7.3m	£3.3m	£1.9m
Net assets	£9.3m	£11.8m	£13.6m
Fixed assets	£12.6m	£14.1m	£14m
Current assets	£34.5m	£29m	£28.4m
Debtors	£13.3m	£16.8m	£19.8m
Cash from operations	£11.5m	£11.4m	£4.4m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: 1.4%; Profit ÷ revenue.
Gross margin: 7.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £241k; Revenue ÷ average employees.
Profit per employee: £3.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.5%; 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: ▲15%; Now £13.6m
Cash at bank: ▼42%; Now £1.9m
Headcount: ▲10%; Now 531
Deferred income: —; Now —
Fixed assets: ▼1%; Now £14m

Corporate ownership

Group structure

Ownership chain

Mapp Holdings Limitedultimate parent75–100%
Springhill Farms (Pershore) Limitedthis company

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

Sister companies (7)

Vale Green Energy LimitedRev. £32.4m · Profit £3.4m
Bengeworth Property Development LimitedFigures not disclosed
Evesham Vale Growers LimitedFigures not disclosed
Evg (Europe) LimitedFigures not disclosed
Mapp Properties Management LimitedFigures not disclosed
The Real Tomato Company LimitedFigures not disclosed
UK Golf 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 2024 (profit £1.8m), 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.