Skip to content
CompanySight
Company No. 10540589 · Incorporated 28 Dec 2016

The Lions Prep Ltd

Registered name: THE LIONS PREP LTD

The Lions Prep Ltd made £31.5m revenue and a £2m loss in the year to 31 Dec 2024. read from filing text

The Lions Prep Ltd’s revenue grew 41% to £31.5m in the year to 31 Dec 2024, with a loss of £2m and 270 employees. The company is classified under “manufacture of prepared meals and dishes” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 10850Manufacture of prepared meals and dishes
Status
Active
Location
London, London
Age
9 yrs · since 2016
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentCash flow filed
Revenue
£31.5m
Growth ▲41.3%
Profit
−£2m
Growth ▼291%
Profit margin
−6.4%
Gross 31.2%
Employees
270
Change ▲29.8%
Profit / employee
−£7.5k
Revenue/employee £117k
Profitable streak
0yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureNo P&LFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)—£22.3m£31.5m
Cost of sales—£15.4m£21.7m
Gross profit—£6.9m£9.8m
Operating profit—£1.1m−£1.6m
Profit before tax—£1.1m−£1.8m
Profit after tax—£1.1m−£2m
Profit (best available)—£1.1m−£2m
Staff costs—£5.6m£8.8m
Employees (average)129208270
Ratios
Profit margin—4.8%−6.4%
Gross margin—30.8%31.2%
Revenue per employee—£107k£117k
Profit per employee—£5.1k−£7.5k
Cash conversion—−162.9%—
Growth (year on year)
Revenue growth——▲41.3%
Profit growth——▼291%
Headcount growth—▲61.2%▲29.8%
Balance sheet — indirect signals, not revenue
Cash at bank£35.8k£522k£535k
Net assets−£817k£145k−£1.9m
Fixed assets£919k£3.7m£4.4m
Current assets£748k£2.4m£3.2m
Debtors£221k£452k£198k
Deferred income—£1m£439k
Cash from operations—−£1.9m£787k
SourceFullAccounts · bulk data May 2024FullAccounts · bulk data May 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
−6.4%
Profit ÷ revenue.
Gross margin
31.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£117k
Revenue ÷ average employees.
Profit per employee
−£7.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
14%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.6%
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
▼1390%
Now −£1.9m
Cash at bank
▲3%
Now £535k
Headcount
▲30%
Now 270
Deferred income
▼57%
Now £439k
Fixed assets
▲19%
Now £4.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal 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 Dec 2024 (profit −£2m), from the Companies House accounts bulk data published Sep 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.