Aps Growers Ltd
Registered name: APS GROWERS LTD
Part of P3P Cea Investments Limited groupAps Growers Ltd made £13.4m revenue and £8.9m profit in the year to 31 Dec 2024.
Aps Growers Ltd’s revenue grew 17% to £13.4m in the year to 31 Dec 2024, with £8.9m profit and 2 employees. The company is classified under “growing of vegetables and melons, roots and tubers” and is based in Chichester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Chichester, South East
- Age
- 14 yrs · since 2012
- 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
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £12.8m | £12.2m | £11.5m | £13.4m |
| Cost of sales | £11.6m | £10.6m | £14m | £11.8m |
| Gross profit | £1.2m | £1.7m | −£2.5m | £1.7m |
| Operating profit | £872k | −£676k | −£4.4m | £9.1m |
| Profit before tax | −£179k | −£351k | −£4.6m | £8.9m |
| Profit after tax | £122k | £157k | −£4.1m | £8.9m |
| Profit (best available) | £122k | £157k | −£4.1m | £8.9m |
| Employees (average) | 128 | 105 | 92 | 2 |
| Ratios | ||||
| Profit margin | 1% | 1.3% | −36% | 66.4% |
| Gross margin | 9.4% | 13.5% | −21.7% | 12.3% |
| Revenue per employee | £99.7k | £117k | £125k | £6.7m |
| Profit per employee | £955 | £1.5k | −£45.1k | £4.5m |
| Growth (year on year) | ||||
| Revenue growth | — | ▼4% | ▼6% | ▲16.9% |
| Profit growth | — | ▲28.2% | ▼2745% | — |
| Headcount growth | — | ▼18% | ▼12.4% | ▼97.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £25.3k | £41 | £900 | £1.8k |
| Net assets | −£4.7m | −£4.6m | −£10.6m | −£1.7m |
| Fixed assets | £8.2m | £7.8m | £7.6m | £6.8m |
| Current assets | £8.9m | £4.7m | £11.9m | £7m |
| Debtors | £921k | £720k | £18.1k | £2.7m |
| Deferred income | £1.3m | £1.5m | £914k | £1.1m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 66.4%
- Profit ÷ revenue.
- Gross margin
- 12.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £6.7m
- Revenue ÷ average employees.
- Profit per employee
- £4.5m
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 50.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 8.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 20.3%
- 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
- —
- Now −£1.7m
- Cash at bank
- ▲96%
- Now £1.8k
- Headcount
- ▼98%
- Now 2
- Deferred income
- ▲19%
- Now £1.1m
- Fixed assets
- ▼11%
- Now £6.8m
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
- P3P Cea Investments Limitedultimate parent75–100%
- A Pearson Holdings Limited75–100%
- Aps Growers Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Aps Produce LimitedRev. £97.6m · Profit £6.7m
- A Pearson Growers LimitedRev. £6.5m · Profit −£7.9m
- A.p.s. Salads LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- £13.5m
- Profit
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- Staff
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- G'S Growers (Ramsey) LimitedEly · Growing of vegetables and melons, roots and tubers
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- Quantil LimitedOrmskirk · Growing of vegetables and melons, roots and tubers
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £8.9m), 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.