Chiyoka Foods Ltd
Registered name: CHIYOKA FOODS LTD
Chiyoka Foods Ltd made £7.4m revenue and £723k profit in the year to 31 Mar 2024.
Chiyoka Foods Ltd’s revenue grew 19% to £7.4m in the year to 31 Mar 2024, with £723k profit and 9 employees. The company is classified under “wholesale of fruit and vegetables” and is based in London; we hold 3 years of its filed accounts.
- Status
- Liquidation
- Location
- London, London
- Age
- 9 yrs · since 2017
- 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £5.2m | £6.2m | £7.4m |
| Cost of sales | £3.9m | £4.4m | £5.3m |
| Gross profit | £1.3m | £1.8m | £2m |
| Operating profit | £20.7k | £613k | £723k |
| Profit before tax | £20.2k | £612k | £723k |
| Profit after tax | £19.2k | £612k | £723k |
| Profit (best available) | £19.2k | £612k | £723k |
| Employees (average) | 4 | 8 | 9 |
| Ratios | |||
| Profit margin | 0.4% | 9.9% | 9.8% |
| Gross margin | 24.9% | 28.9% | 27.4% |
| Revenue per employee | £1.3m | £773k | £818k |
| Profit per employee | £4.8k | £76.5k | £80.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▲18.4% | ▲19% |
| Profit growth | — | ▲3094% | ▲18.2% |
| Headcount growth | — | ▲100% | ▲12.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £28.2k | £73.4k | £115k |
| Net assets | £34.9k | £647k | £1.4m |
| Fixed assets | £22.8k | £632k | £1.4m |
| Current assets | £208k | £395k | £587k |
| Debtors | £177k | £320k | £445k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 9.8%
- Profit ÷ revenue.
- Gross margin
- 27.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £818k
- Revenue ÷ average employees.
- Profit per employee
- £80.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 18.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6%
- 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
- ▲112%
- Now £1.4m
- Cash at bank
- ▲56%
- Now £115k
- Headcount
- ▲13%
- Now 9
- Deferred income
- —
- Now —
- Fixed assets
- ▲115%
- Now £1.4m
Similar profitable businesses
- Mna Wholesale Fruit and Veg LtdLondon · Wholesale of fruit and vegetables
- Revenue
- £7.7m
- Profit
- £1.2m
- Staff
- 6
- Scott Farms (UK) LtdBirmingham · Wholesale of fruit and vegetables
- Revenue
- £6.2m
- Profit
- £36.7k
- Staff
- 13
- Quality Veg Suppliers LimitedBradford · Wholesale of fruit and vegetables
- Revenue
- £6m
- Profit
- £137k
- Staff
- 19
- Stubbins Marketing LimitedWaltham Cross · Wholesale of fruit and vegetables
- Revenue
- £5.5m
- Profit
- £190k
- Staff
- 70
- Peachey Bros.(Wholesale)limitedBasildon · Wholesale of fruit and vegetables
- Revenue
- £5.3m
- Profit
- £172k
- Staff
- 4
- Baraka Foods and Sweets LimitedLondon · Wholesale of fruit and vegetables
- Revenue
- £5m
- Profit
- £1.2m
- Staff
- 9
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £723k), from the Companies House accounts bulk data published Dec 2024. 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.