Evonex Ltd
Registered name: EVONEX LTD
Evonex Ltd made £42.6m revenue and £3.5m profit in the year to 31 Oct 2025.
Evonex Ltd’s revenue grew 2% to £42.6m in the year to 31 Oct 2025, with £3.5m profit and 48 employees. The company is classified under “wholesale of meat and meat products” and is based in Manchester; we hold 6 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 6 yrs · since 2019
- 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 Oct 2020 | 31 Oct 2021 | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||||
| Revenue (turnover) | £11.1m | £29.9m | £34.9m | £37.4m | £41.8m | £42.6m |
| Cost of sales | £7.4m | £20.6m | £24.8m | £27.9m | £32.8m | £33.5m |
| Gross profit | £3.7m | £9.4m | £10.1m | £9.5m | £9m | £9.1m |
| Operating profit | £2.5m | £3.2m | £3.5m | £3.5m | £4.4m | £4.6m |
| Profit before tax | £2.5m | £3.2m | £3.5m | £3.5m | £4.4m | £4.6m |
| Profit after tax | £2m | £2.6m | £2.9m | £2.6m | £3.3m | £3.5m |
| Profit (best available) | £2m | £2.6m | £2.9m | £2.6m | £3.3m | £3.5m |
| Employees (average) | 27 | 44 | 46 | 47 | 45 | 48 |
| Ratios | ||||||
| Profit margin | 18.1% | 8.6% | 8.2% | 7% | 8% | 8.1% |
| Gross margin | 33.5% | 31.3% | 28.9% | 25.5% | 21.6% | 21.4% |
| Revenue per employee | £412k | £680k | £758k | £796k | £929k | £888k |
| Profit per employee | £74.6k | £58.2k | £62.3k | £55.8k | £74k | £72k |
| Growth (year on year) | ||||||
| Revenue growth | — | ▲168.9% | ▲16.5% | ▲7.3% | ▲11.8% | ▲1.9% |
| Profit growth | — | ▲27.1% | ▲11.8% | ▼8.5% | ▲27% | ▲3.9% |
| Headcount growth | — | ▲63% | ▲4.5% | ▲2.2% | ▼4.3% | ▲6.7% |
| Balance sheet — indirect signals, not revenue | ||||||
| Cash at bank | £412k | £1.1m | £897k | £824k | £701k | £749k |
| Net assets | £2m | £4.6m | £4.9m | £4.6m | £4.9m | £4.8m |
| Fixed assets | £1m | £1.6m | £1.9m | £1.7m | £1.9m | £2.1m |
| Current assets | £1.1m | £3.2m | £3.3m | £2.2m | £2.5m | £2.1m |
| Debtors | £68.3k | £529k | £631k | £512k | £145k | £77.6k |
| Source | AbridgedAccounts · bulk data Jun 2026 | FullAccounts · bulk data Jun 2026 | FullAccounts · bulk data Jun 2026 | FullAccounts · bulk data Jun 2026 | FullAccounts · bulk data Jun 2026 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 8.1%
- Profit ÷ revenue.
- Gross margin
- 21.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £888k
- Revenue ÷ average employees.
- Profit per employee
- £72k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.2%
- 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
- ▼1%
- Now £4.8m
- Cash at bank
- ▲7%
- Now £749k
- Headcount
- ▲7%
- Now 48
- Deferred income
- —
- Now —
- Fixed assets
- ▲13%
- Now £2.1m
Similar profitable businesses
- Cherryfield (Croydon) LimitedGatwick · Wholesale of meat and meat products
- Revenue
- £44.1m
- Profit
- £2.2m
- Staff
- 73
- V.a. Whitley & Co. LimitedHeywood · Wholesale of meat and meat products
- Revenue
- £44.5m
- Profit
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- Bowland Foods LimitedWinckley Square · Wholesale of meat and meat products
- Revenue
- £39.9m
- Profit
- £43.7k
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- Brookcomm LimitedNeston · Wholesale of meat and meat products
- Revenue
- £45.6m
- Profit
- £3.1m
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- G.C. Birchall LimitedBurnley · Wholesale of meat and meat products
- Revenue
- £46.1m
- Profit
- £1.9m
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- A & J Audhali Fresh Farm Foods LimitedWarwick · Wholesale of meat and meat products
- Revenue
- £46.4m
- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £3.5m), 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.