How much does Itex Food Ltd make?

Itex Food Ltd reported revenue of £2.3m and £209k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Itex Food Ltd have?

Itex Food Ltd reported an average of 0 employees in the year to 31 Mar 2025.

Is Itex Food Ltd profitable?

Yes — Itex Food Ltd reported a profit of £209k in the year to 31 Mar 2025.

Company No. 14976454 · Incorporated 3 Jul 2023

Itex Food Ltd

Registered name: ITEX FOOD LTD

Part of WD FF Limited group

Itex Food Ltd made £2.3m revenue and £209k profit in the year to 31 Mar 2025.

Itex Food Ltd’s revenue was £2.3m in the year to 31 Mar 2025, with £209k profit and 0 employees. The company is classified under “retail sale in non-specialised stores with food, beverages or tobacco predominating” and is based in Swindon; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47110Retail sale in non-specialised stores with food, beverages or tobacco predominating

Status: Active
Location: Swindon, South West
Age: 3 yrs · since 2023
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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.

Latest accounts · year to 31 Mar 2025

Key figures

Small teamCapital-lightYoung and profitable

Revenue

£2.3m

Growth —

Profit

£209k

Growth —

Profit margin

Gross 21.9%

Employees

Change —

Profit / employee

—

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	31 Jul 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£417k	£2.3m
Cost of sales	£213k	£1.8m
Gross profit	£204k	£507k
Operating profit	£178k	£323k
Profit before tax	£178k	£323k
Profit after tax	£134k	£209k
Profit (best available)	£134k	£209k
Employees (average)	0	0
Ratios
Profit margin	32%	9%
Gross margin	48.9%	21.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£37.2k	£303k
Net assets	£134k	£383k
Fixed assets	£0	£0
Current assets	£576k	£1.5m
Debtors	£274k	£910k
Deferred income	£143k	£67.5k
Source	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 9%; Profit ÷ revenue.
Gross margin: 21.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; 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: 2.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 39.4%; 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: —; Now £383k
Cash at bank: —; Now £303k
Headcount: —; Now 0
Deferred income: —; Now £67.5k
Fixed assets: —; Now £0

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

WD FF Limitedultimate parent75–100%
Xclusiv Brands Ltd75–100%
Itex Food Ltdthis company

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

Sister companies (1)

HCK Grocery LimitedFigures not disclosed

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £209k), from the Companies House accounts bulk data published Feb 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.