How much does Noel Foods Limited make?

Noel Foods Limited reported revenue of £91.3m and £402k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Noel Foods Limited have?

Noel Foods Limited reported an average of 9 employees in the year to 31 Dec 2025.

Is Noel Foods Limited profitable?

Yes — Noel Foods Limited reported a profit of £402k in the year to 31 Dec 2025.

Company No. 11835666 · Incorporated 19 Feb 2019

Noel Foods Limited

Registered name: NOEL FOODS LIMITED

Part of Noel Alimentaria Sau group

Noel Foods Limited made £91.3m revenue and £402k profit in the year to 31 Dec 2025.

Noel Foods Limited’s revenue grew 32% to £91.3m in the year to 31 Dec 2025, with £402k profit and 9 employees. The company is classified under “agents specialized in the sale of other particular products” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46180Agents specialized in the sale of other particular products SIC 46320Wholesale of meat and meat products SIC 46330Wholesale of dairy products, eggs and edible oils and fats SIC 46380Wholesale of other food, including fish, crustaceans and molluscs

Status: Active
Location: London, London
Age: 7 yrs · since 2019
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. From the filing: “Noel Alimentaria S.A.U”

Latest accounts · year to 31 Dec 2025

Key figures

Small teamCapital-lightOperating leverageCash flow filed

Revenue

£91.3m

Growth ▲32.4%

Profit

£402k

Growth ▲247.3%

Profit margin

0.4%

Gross 7%

Employees

Change ▲50%

Profit / employee

£44.7k

Revenue/employee £10.1m

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£56.5m	£63.4m	£69m	£91.3m
Cost of sales	£55.4m	£62.3m	£64.5m	£84.9m
Gross profit	£1.1m	£1.1m	£4.5m	£6.4m
Operating profit	—	£134k	£158k	£544k
Profit before tax	£191k	£130k	£153k	£538k
Profit after tax	£174k	£99.5k	£116k	£402k
Profit (best available)	£174k	£99.5k	£116k	£402k
Staff costs	£395k	£498k	£588k	£846k
Employees (average)	5	6	6	9
Ratios
Profit margin	0.3%	0.2%	0.2%	0.4%
Gross margin	1.9%	1.7%	6.5%	7%
Revenue per employee	£11.3m	£10.6m	£11.5m	£10.1m
Profit per employee	£34.7k	£16.6k	£19.3k	£44.7k
Cash conversion	—	−604.8%	−2007%	662.5%
Growth (year on year)
Revenue growth	—	▲12.1%	▲8.9%	▲32.4%
Profit growth	—	▼42.7%	▲16.4%	▲247.3%
Headcount growth	—	▲20%	0%	▲50%
Balance sheet — indirect signals, not revenue
Cash at bank	£159k	£36.3k	£869k	£68.8k
Net assets	£69k	£168k	£284k	£687k
Fixed assets	£2.3k	£7.2k	£13.7k	£22.3k
Current assets	£14.5m	£13.9m	£12m	£17.4m
Debtors	£12.3m	£11.8m	£9.1m	£14.2m
Cash from operations	£3.4m	−£808k	−£3.2m	£3.6m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 0.4%; Profit ÷ revenue.
Gross margin: 7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £10.1m; Revenue ÷ average employees.
Profit per employee: £44.7k; Profit ÷ average employees.
Cash conversion: 662.5%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.6%; 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: ▲141%; Now £687k
Cash at bank: ▼92%; Now £68.8k
Headcount: ▲50%; Now 9
Deferred income: —; Now —
Fixed assets: ▲62%; Now £22.3k

Corporate ownership

Group structure

Ownership chain

Noel Alimentaria Sau (registered outside the UK register)ultimate parent75–100%
Noel Foods Limitedthis company

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

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £402k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.