How much does Hilltop Food Group Limited make?

Hilltop Food Group Limited reported revenue of £45.4m and £1.4m profit in the year to 31 Aug 2025, according to its accounts filed at Companies House.

How many employees does Hilltop Food Group Limited have?

Hilltop Food Group Limited reported an average of 133 employees in the year to 31 Aug 2025.

Is Hilltop Food Group Limited profitable?

Yes — Hilltop Food Group Limited reported a profit of £1.4m in the year to 31 Aug 2025.

Company No. 09365028 · Incorporated 22 Dec 2014

Hilltop Food Group Limited

Registered name: HILLTOP FOOD GROUP LIMITED

Part of Davies Enterprise Holdings Limited group

Hilltop Food Group Limited made £45.4m revenue and £1.4m profit in the year to 31 Aug 2025.

Hilltop Food Group Limited’s revenue grew 3% to £45.4m in the year to 31 Aug 2025, with £1.4m profit and 133 employees. The company is classified under “manufacture of other food products” and is based in Newtown; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 10890Manufacture of other food products n.e.c.

Status: Active
Location: Newtown, West Midlands
Age: 11 yrs · since 2014
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.

Latest accounts · year to 31 Aug 2025

Key figures

Doing more with less

Revenue

£45.4m

Growth ▲3%

Profit

£1.4m

Growth ▼44.2%

Profit margin

3.2%

Gross 20.5%

Employees

133

Change ▼3.6%

Profit / employee

£10.8k

Revenue/employee £342k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Aug 2022	31 Aug 2023	31 Aug 2024	31 Aug 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£20.4m	£33.7m	£44.1m	£45.4m
Cost of sales	£16.1m	£28m	£34.4m	£36.1m
Gross profit	£4.3m	£5.7m	£9.7m	£9.3m
Operating profit	£578k	£668k	£3.8m	£2.5m
Profit before tax	£388k	£297k	£3.4m	£2m
Profit after tax	£235k	£308k	£2.6m	£1.4m
Profit (best available)	£235k	£308k	£2.6m	£1.4m
Staff costs	£2.2m	£4.3m	£4.3m	£5.2m
Employees (average)	78	123	138	133
Ratios
Profit margin	1.1%	0.9%	5.8%	3.2%
Gross margin	21%	17%	21.9%	20.5%
Revenue per employee	£261k	£274k	£320k	£342k
Profit per employee	£3k	£2.5k	£18.7k	£10.8k
Growth (year on year)
Revenue growth	—	▲65.5%	▲30.8%	▲3%
Profit growth	—	▲31.1%	▲735.6%	▼44.2%
Headcount growth	—	▲57.7%	▲12.2%	▼3.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£68.5k	£353k	£409k	£139k
Net assets	£1.5m	£1.7m	£3.8m	£4.1m
Fixed assets	£4m	£4.7m	£5.2m	£6.6m
Current assets	£7.8m	£10.2m	£9.5m	£9.6m
Debtors	£2.5m	£4.6m	£3.1m	£2.4m
Deferred income	£305k	£573k	£707k	£1m
Source	Accounts · bulk data May 2024	Accounts · bulk data May 2024	FullAccounts · bulk data May 2025	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: 3.2%; Profit ÷ revenue.
Gross margin: 20.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £342k; Revenue ÷ average employees.
Profit per employee: £10.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 14.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.4%; 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: ▲10%; Now £4.1m
Cash at bank: ▼66%; Now £139k
Headcount: ▼4%; Now 133
Deferred income: ▲43%; Now £1m
Fixed assets: ▲28%; Now £6.6m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Davies Enterprise Holdings Limitedultimate parent75–100%
Hilltop Food Group Limitedthis company

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

Sister companies (2)

Waterfields (Leigh) LimitedRev. £14.8m · Profit −£228k
Patchwork Foods LimitedLiquidationRev. — · Profit −£911k

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £1.4m), from the Companies House accounts bulk data published May 2026. 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.