Glens of Antrim Potatoes Limited
Registered name: GLENS OF ANTRIM POTATOES LIMITED
Glens of Antrim Potatoes Limited made £13.8m revenue and £596k profit in the year to 31 Jul 2025.
Glens of Antrim Potatoes Limited’s revenue fell 4% to £13.8m in the year to 31 Jul 2025, with £596k profit and 37 employees. The company is classified under “wholesale of fruit and vegetables” and is based in Belfast; we hold 4 years of its filed accounts.
- Status
- In Administration
- Location
- Belfast, Northern Ireland
- Age
- 30 yrs · since 1996
- 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 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £11.6m | £12.5m | £14.4m | £13.8m |
| Cost of sales | £8m | £9.6m | £11.9m | £9.9m |
| Gross profit | £3.6m | £2.9m | £2.5m | £3.9m |
| Operating profit | £439k | −£265k | −£353k | £985k |
| Profit before tax | £363k | −£389k | −£547k | £799k |
| Profit after tax | £298k | −£363k | −£437k | £596k |
| Profit (best available) | £298k | −£363k | −£437k | £596k |
| Staff costs | £1.4m | £1.3m | £1.2m | £1.3m |
| Employees (average) | 45 | 33 | 28 | 37 |
| Ratios | ||||
| Profit margin | 2.6% | −2.9% | −3% | 4.3% |
| Gross margin | 30.7% | 23.1% | 17.4% | 28.4% |
| Revenue per employee | £258k | £378k | £515k | £374k |
| Profit per employee | £6.6k | −£11k | −£15.6k | £16.1k |
| Cash conversion | 10.5% | — | — | 135.6% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲7.6% | ▲15.5% | ▼4.1% |
| Profit growth | — | ▼222% | — | — |
| Headcount growth | — | ▼26.7% | ▼15.2% | ▲32.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.5m | −£1.4m | −£2.5m | −£1.7m |
| Net assets | £3.4m | £2.8m | £2.2m | £2.5m |
| Fixed assets | £4.6m | £4.5m | £4.2m | £5m |
| Current assets | £2.8m | £3m | £3.6m | £3.3m |
| Debtors | £1.2m | £1.1m | £1.6m | £1.2m |
| Cash from operations | £46.1k | £920k | −£428k | £1.3m |
| Source | Accounts · bulk data Apr 2024 | Accounts · bulk data Apr 2024 | Reports and Financial Statements · bulk data Apr 2025 | Reports and Financial Statements · bulk data Dec 2025 |
How the business works
- Profit margin
- 4.3%
- Profit ÷ revenue.
- Gross margin
- 28.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £374k
- Revenue ÷ average employees.
- Profit per employee
- £16.1k
- Profit ÷ average employees.
- Cash conversion
- 135.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 36.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.9%
- 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
- ▲15%
- Now £2.5m
- Cash at bank
- —
- Now −£1.7m
- Headcount
- ▲32%
- Now 37
- Deferred income
- —
- Now —
- Fixed assets
- ▲19%
- Now £5m
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Sources
Latest figures from Reports and Financial Statements for the year to 31 Jul 2025 (profit £596k), from the Companies House accounts bulk data published Dec 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.