Avondale Foods (Craigavon) Limited
Registered name: AVONDALE FOODS (CRAIGAVON) LIMITED
Avondale Foods (Craigavon) Limited made £102m revenue and £6m profit in the year to 31 Mar 2025. read from filing text
Avondale Foods (Craigavon) Limited’s revenue grew 12% to £102m in the year to 31 Mar 2025, with £6m profit and 570 employees. The company is classified under “other processing and preserving of fruit and vegetables” and is based in Craigavon; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Craigavon, Northern Ireland
- Age
- 45 yrs · since 1981
- 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £71.9m | £78.1m | £91.7m | £102m |
| Cost of sales | £58.2m | £65.8m | £75.3m | £82.9m |
| Gross profit | £13.7m | £12.4m | £16.4m | £19.6m |
| Operating profit | £5.4m | £3.5m | £5.7m | £7m |
| Profit before tax | £5.3m | £3.6m | £5.9m | £7.7m |
| Profit after tax | £4.6m | £3.3m | £5.6m | £6m |
| Profit (best available) | £4.6m | £3.3m | £5.6m | £6m |
| Staff costs | £16.3m | £18.1m | £21.9m | £25.9m |
| Employees (average) | 451 | 462 | 501 | 570 |
| Ratios | ||||
| Profit margin | 6.4% | 4.2% | 6.1% | 5.8% |
| Gross margin | 19.1% | 15.8% | 17.9% | 19.1% |
| Revenue per employee | £159k | £169k | £183k | £180k |
| Profit per employee | £10.2k | £7.1k | £11.2k | £10.4k |
| Cash conversion | −188.2% | −174.7% | −140.4% | −172.9% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲8.7% | ▲17.3% | ▲11.8% |
| Profit growth | — | ▼28.9% | ▲71.2% | ▲5.8% |
| Headcount growth | — | ▲2.4% | ▲8.4% | ▲13.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £19.1m | £13.8m | £15.1m | £26.6m |
| Net assets | £34m | £36m | £37.7m | £42.8m |
| Fixed assets | £12.1m | £18.4m | £48.5k | £17.9m |
| Current assets | £30.3m | £27.5m | £30.3m | £40.6m |
| Debtors | £5.9m | £7.4m | £8.2m | £8.5m |
| Deferred income | £878k | £821k | £769k | £720k |
| Cash from operations | −£10.2m | −£6.2m | −£8m | −£12.2m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 5.8%
- Profit ÷ revenue.
- Gross margin
- 19.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £180k
- Revenue ÷ average employees.
- Profit per employee
- £10.4k
- Profit ÷ average employees.
- Cash conversion
- −172.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 17.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.3%
- 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
- ▲14%
- Now £42.8m
- Cash at bank
- ▲76%
- Now £26.6m
- Headcount
- ▲14%
- Now 570
- Deferred income
- ▼6%
- Now £720k
- Fixed assets
- ▲36720%
- Now £17.9m
Group structure
Subsidiaries (1)
- Avondale Halfpenny LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £6m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 16 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.