How much does Corex Foods UK Ltd make?

Corex Foods UK Ltd reported revenue of £8.2m and £301k profit in the year to 30 Apr 2024, according to its accounts filed at Companies House.

How many employees does Corex Foods UK Ltd have?

Corex Foods UK Ltd reported an average of 16 employees in the year to 30 Apr 2024.

Is Corex Foods UK Ltd profitable?

Yes — Corex Foods UK Ltd reported a profit of £301k in the year to 30 Apr 2024.

Company No. 12554821 · Incorporated 14 Apr 2020

Corex Foods UK Ltd

Registered name: COREX FOODS UK LTD

Corex Foods UK Ltd made £8.2m revenue and £301k profit in the year to 30 Apr 2024.

Corex Foods UK Ltd’s revenue grew 7% to £8.2m in the year to 30 Apr 2024, with £301k profit and 16 employees. The company is classified under “other food services” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56290Other food services

Status: Liquidation
Location: London, London
Age: 6 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 30 Apr 2024

Key figures

IndependentCapital-lightYoung and profitableOperating leverage

Revenue

£8.2m

Growth ▲7.1%

Profit

£301k

Growth ▲27.1%

Profit margin

3.6%

Gross 12.5%

Employees

Change ▲6.7%

Profit / employee

£18.8k

Revenue/employee £515k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Apr 2023	30 Apr 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£7.7m	£8.2m
Cost of sales	£6.7m	£7.2m
Gross profit	£1m	£1m
Operating profit	£237k	£301k
Profit before tax	£237k	£301k
Profit after tax	£237k	£301k
Profit (best available)	£237k	£301k
Employees (average)	15	16
Ratios
Profit margin	3.1%	3.6%
Gross margin	13.3%	12.5%
Revenue per employee	£513k	£515k
Profit per employee	£15.8k	£18.8k
Growth (year on year)
Revenue growth	—	▲7.1%
Profit growth	—	▲27.1%
Headcount growth	—	▲6.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£87.6k	£107k
Net assets	£438k	£738k
Fixed assets	£430k	£729k
Current assets	£714k	£821k
Debtors	£622k	£706k
Source	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2025

Derived from the latest filing

How the business works

Profit margin: 3.6%; Profit ÷ revenue.
Gross margin: 12.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £515k; Revenue ÷ average employees.
Profit per employee: £18.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 8.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.6%; 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: ▲69%; Now £738k
Cash at bank: ▲23%; Now £107k
Headcount: ▲7%; Now 16
Deferred income: —; Now —
Fixed assets: ▲70%; Now £729k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2024 (profit £301k), from the Companies House accounts bulk data published Jan 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.