Freshlinc Group Limited
Registered name: FRESHLINC GROUP LIMITED
Part of Fidelis Holdings Ltd groupFreshlinc Group Limited made a £632k loss in the year to 1 Feb 2025 (revenue not disclosed).
Freshlinc Group Limited reported a loss of £632k in the year to 1 Feb 2025; its revenue was not disclosed. It had 746 employees. The company is classified under “activities of distribution holding companies” and is based in Spalding; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Spalding, East of England
- Age
- 18 yrs · since 2008
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 29 Jan 2022 | 28 Jan 2023 | 3 Feb 2024 | 1 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Profit only |
| Profit & loss | ||||
| Revenue (turnover) | £128m | £145m | £140m | — |
| Cost of sales | £116m | £126m | £123m | — |
| Gross profit | £12m | £18.4m | £16.3m | — |
| Operating profit | £1.6m | £6m | £2.3m | — |
| Profit before tax | £1.3m | £5.5m | £1.1m | — |
| Profit after tax | £949k | £4.4m | £502k | −£632k |
| Profit (best available) | £949k | £4.4m | £502k | −£632k |
| Employees (average) | 538 | 623 | 762 | 746 |
| Ratios | ||||
| Profit margin | 0.7% | 3% | 0.4% | — |
| Gross margin | 9.4% | 12.7% | 11.6% | — |
| Revenue per employee | £238k | £233k | £183k | — |
| Profit per employee | £1.8k | £7k | £658 | −£847 |
| Growth (year on year) | ||||
| Revenue growth | — | ▲13.2% | ▼3.6% | — |
| Profit growth | — | ▲360.9% | ▼88.5% | ▼226% |
| Headcount growth | — | ▲15.8% | ▲22.3% | ▼2.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.9k | £59k | £5.4k | £5.9k |
| Net assets | £620k | £329k | £160k | £938k |
| Fixed assets | £6.1m | £8.2m | £11.7m | £13.3m |
| Current assets | £105k | £91.5k | £29.5k | £5.9k |
| Debtors | £0 | £0 | £0 | £0 |
| Deferred income | — | £0 | £14.3k | £4.4k |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 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
- −£847
- 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
- ▲487%
- Now £938k
- Cash at bank
- ▲9%
- Now £5.9k
- Headcount
- ▼2%
- Now 746
- Deferred income
- ▼69%
- Now £4.4k
- Fixed assets
- ▲14%
- Now £13.3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Fidelis Holdings Ltdultimate parent75–100%
- Freshlinc Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (5)
- Freshlinc LimitedRev. £135m · Profit −£1.1m
- Directlinc LimitedFigures not disclosed
- Floralinc LimitedFigures not disclosed
- Portlinc LimitedFigures not disclosed
- Top Up Resources LimitedFigures not disclosed
Sister companies (1)
- Keepstem LimitedRev. — · Profit −£55
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 1 Feb 2025 (profit −£632k), 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.