Americold Spalding Ltd
Registered name: AMERICOLD SPALDING LTD
Part of Americold Realty Trust, Inc. groupAmericold Spalding Ltd made £13m revenue and £703k profit in the year to 31 Dec 2024. read from filing text
Americold Spalding Ltd’s revenue fell 3% to £13m in the year to 31 Dec 2024, with £703k profit and 42 employees. The company is classified under “operation of warehousing and storage facilities for land transport activities” and is based in Shropshire; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Shropshire, West Midlands
- Age
- 19 yrs · since 2007
- 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: “At the year end, t”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2021 | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|---|
| Disclosure | Profit only | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | — | £10.5m | £13.4m | £13.3m | £13m |
| Cost of sales | £5.2m | £4.9m | £7.1m | £7.4m | £8.1m |
| Gross profit | — | £5.6m | £6.3m | £5.9m | £4.9m |
| Operating profit | — | £2.3m | £3.1m | £2.8m | £889k |
| Profit before tax | £3.5m | £2.3m | £3m | £2.8m | £904k |
| Profit after tax | — | £2.1m | £3.2m | £2.7m | £703k |
| Profit (best available) | £3.5m | £2.1m | £3.2m | £2.7m | £703k |
| Staff costs | £1.7m | £1.9m | £2.2m | £2.1m | £2.4m |
| Employees (average) | 60 | 62 | 59 | 49 | 42 |
| Ratios | |||||
| Profit margin | — | 20% | 23.5% | 20.6% | 5.4% |
| Gross margin | — | 53.1% | 47% | 44.5% | 37.8% |
| Revenue per employee | — | £169k | £228k | £271k | £308k |
| Profit per employee | £57.8k | £33.8k | £53.6k | £55.9k | £16.7k |
| Cash conversion | — | 16.3% | −45.1% | 20.1% | −105.6% |
| Growth (year on year) | |||||
| Revenue growth | — | — | ▲28.3% | ▼1% | ▼2.6% |
| Profit growth | — | ▼39.6% | ▲50.8% | ▼13.5% | ▼74.3% |
| Headcount growth | — | ▲3.3% | ▼4.8% | ▼17% | ▼14.3% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £1m | £311k | £1.3m | £209k | £0 |
| Net assets | £1.7m | £3.8m | £7m | £9.7m | £10.4m |
| Fixed assets | £1.5m | £1.3m | £1.3m | £1.5m | £2.1m |
| Current assets | £2.9m | £5.3m | £8.6m | £10.9m | £9.8m |
| Debtors | £1.7m | £1.8m | £2.6m | £2.2m | £2.7m |
| Deferred income | £0 | £64.5k | £53.8k | £71.4k | £81.7k |
| Cash from operations | — | £372k | −£1.4m | £559k | −£938k |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 5.4%
- Profit ÷ revenue.
- Gross margin
- 37.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £308k
- Revenue ÷ average employees.
- Profit per employee
- £16.7k
- Profit ÷ average employees.
- Cash conversion
- −105.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 16.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 20.8%
- 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
- ▲7%
- Now £10.4m
- Cash at bank
- ▼100%
- Now £0
- Headcount
- ▼14%
- Now 42
- Deferred income
- ▲14%
- Now £81.7k
- Fixed assets
- ▲44%
- Now £2.1m
Group structure
Ownership chain
- Americold Realty Trust, Inc. (registered outside the UK register)ultimate parent75–100%
- Americold Holdings UK Limited75–100%
- Americold Spalding Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (6)
- Americold Lurgan Transport LtdFigures not disclosed
- Americold Lurgan Warehousing LtdFigures not disclosed
- Americold Whitchurch LtdFigures not disclosed
- Ballykeel Freight LimitedActive - Proposal to Strike offFigures not disclosed
- Lurgan Re 2 Ltd.Figures not disclosed
- Whitchurch Re Ltd.Figures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £703k), from the Companies House accounts bulk data published Nov 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.