Skip to content
CompanySight
Company No. 11104088 · Incorporated 8 Dec 2017

Plant Meat Limited

Registered name: PLANT MEAT LIMITED

Plant Meat Limited made £17.6m revenue and a £4.5m loss in the year to 31 Dec 2025.

Plant Meat Limited’s revenue fell 4% to £17.6m in the year to 31 Dec 2025, with a loss of £4.5m and 51 employees. The company is classified under “manufacture of other food products” and is based in Coventry; 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
Coventry, West Midlands
Age
8 yrs · since 2017
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

IndependentCash flow filed
Revenue
£17.6m
Growth ▼3.8%
Profit
−£4.5m
Growth —
Profit margin
−25.4%
Gross 18.9%
Employees
51
Change ▼8.9%
Profit / employee
−£87.5k
Revenue/employee £345k
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£11.8m£17.3m£18.3m£17.6m
Cost of sales£13m£18.7m£16m£14.3m
Gross profit−£1.2m−£1.4m£2.2m£3.3m
Operating profit−£9.8m−£11.6m−£6.2m−£4.6m
Profit before tax−£9.8m−£11.9m−£6.4m−£4.7m
Profit after tax−£9.4m−£11.3m−£6.1m−£4.5m
Profit (best available)−£9.4m−£11.3m−£6.1m−£4.5m
Staff costs£3.7m£4.7m£4.4m£4.3m
Employees (average)62655651
Ratios
Profit margin−79.6%−65.5%−33.5%−25.4%
Gross margin−10.2%−8.1%12.3%18.9%
Revenue per employee£190k£266k£326k£345k
Profit per employee−£151k−£175k−£110k−£87.5k
Growth (year on year)
Revenue growth—▲47.1%▲5.6%▼3.8%
Headcount growth—▲4.8%▼13.9%▼8.9%
Balance sheet — indirect signals, not revenue
Cash at bank£6.1m£2.2m£5.3m£5.2m
Net assets£12.8m£2.5m£8.8m£4.4m
Fixed assets£2.7m£2.2m£2.2m£2m
Current assets£13m£9.1m£11.3m£9.2m
Debtors£2.2m£3.2m£2.6m£2.8m
Deferred income£597k£1.1m£1.2m£1.6m
Cash from operations£9.7m£9.2m£6.6m£1.9m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data May 2025FullAccounts · bulk data Jun 2026
Derived from the latest filing

How the business works

Profit margin
−25.4%
Profit ÷ revenue.
Gross margin
18.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£345k
Revenue ÷ average employees.
Profit per employee
−£87.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
11.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
9.3%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
16.1%
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
▼50%
Now £4.4m
Cash at bank
▼3%
Now £5.2m
Headcount
▼9%
Now 51
Deferred income
▲42%
Now £1.6m
Fixed assets
▼7%
Now £2m

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

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£4.5m), from the Companies House accounts bulk data published Jun 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.