Lake District Farmers Ltd
Registered name: LAKE DISTRICT FARMERS LTD
Lake District Farmers Ltd made £13.9m revenue and £449k profit in the year to 31 Dec 2025. read from filing text
Lake District Farmers Ltd’s revenue grew 13% to £13.9m in the year to 31 Dec 2025, with £449k profit and 50 employees. The company is classified under “processing and preserving of meat” and is based in Ulverston; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Ulverston, North West
- Age
- 17 yrs · since 2009
- 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 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | £11m | £12.3m | £13.9m |
| Cost of sales | — | £8.3m | £9.5m | £10.9m |
| Gross profit | — | £2.7m | £2.8m | £3m |
| Operating profit | — | £896k | £764k | £605k |
| Profit before tax | — | £855k | £746k | £598k |
| Profit after tax | — | £644k | £583k | £449k |
| Profit (best available) | — | £644k | £583k | £449k |
| Staff costs | — | £1.6m | £1.8m | £2.2m |
| Employees (average) | 36 | 44 | 48 | 50 |
| Ratios | ||||
| Profit margin | — | 5.8% | 4.8% | 3.2% |
| Gross margin | — | 24.3% | 22.7% | 21.6% |
| Revenue per employee | — | £250k | £256k | £278k |
| Profit per employee | — | £14.6k | £12.2k | £9k |
| Cash conversion | — | −80.1% | −118.3% | −85% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲11.4% | ▲13.3% |
| Profit growth | — | — | ▼9.4% | ▼23% |
| Headcount growth | — | ▲22.2% | ▲9.1% | ▲4.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £719k | £414k | £798k | £778k |
| Net assets | £3m | £3.5m | £3.8m | £4.2m |
| Fixed assets | £3.1m | £3.2m | £3.1m | £3.2m |
| Current assets | £2.4m | £2.5m | £2.7m | £3.1m |
| Debtors | £1.1m | £1.5m | £1.3m | £1.7m |
| Deferred income | — | £125k | £133k | £80.6k |
| Cash from operations | — | −£718k | −£903k | −£515k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 3.2%
- Profit ÷ revenue.
- Gross margin
- 21.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £278k
- Revenue ÷ average employees.
- Profit per employee
- £9k
- Profit ÷ average employees.
- Cash conversion
- −85%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 22.7%
- 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
- 11.9%
- 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
- ▲9%
- Now £4.2m
- Cash at bank
- ▼3%
- Now £778k
- Headcount
- ▲4%
- Now 50
- Deferred income
- ▼39%
- Now £80.6k
- Fixed assets
- ▲1%
- Now £3.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Cleveleys Foods LimitedHalesworth · Processing and preserving of meat
- Revenue
- £14.1m
- Profit
- £458k
- Staff
- 75
- William Grant and Company Limited,Londonderry · Processing and preserving of meat
- Revenue
- £13.7m
- Profit
- £633k
- Staff
- 53
- Malcolm Allan LimitedLarbert · Processing and preserving of meat
- Revenue
- £14.6m
- Profit
- £193k
- Staff
- 119
- Hall & Roberts (Provisions) LimitedWidnes · Processing and preserving of meat
- Revenue
- £14.9m
- Profit
- £867k
- Staff
- 40
- Direct Meats (Knights Farm) LtdWitham · Processing and preserving of meat
- Revenue
- £15.1m
- Profit
- £361k
- Staff
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- Kosher Deli (UK) LimitedColindale · Processing and preserving of meat
- Revenue
- £15.1m
- Profit
- £292k
- Staff
- 73
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £449k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 24 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.