How much does James a. S. Finlay Limited make?

James a. S. Finlay Limited reported revenue of £26.5m and £962k profit in the year to 31 Aug 2023, according to its accounts filed at Companies House.

How many employees does James a. S. Finlay Limited have?

James a. S. Finlay Limited reported an average of 59 employees in the year to 31 Aug 2023.

Is James a. S. Finlay Limited profitable?

Yes — James a. S. Finlay Limited reported a profit of £962k in the year to 31 Aug 2023.

Company No. NI035690 · Incorporated 26 Feb 1999

James a. S. Finlay Limited

Registered name: JAMES A. S. FINLAY LIMITED

Part of Bako Group Limited group

James a. S. Finlay Limited made £26.5m revenue and £962k profit in the year to 31 Aug 2023.

James a. S. Finlay Limited’s revenue grew 36% to £26.5m in the year to 31 Aug 2023, with £962k profit and 59 employees. The company is classified under “manufacture of other food products” and is based in Craigavon; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 10890Manufacture of other food products n.e.c.

Status: Active
Location: Craigavon, Northern Ireland
Age: 27 yrs · since 1999
Type: Private Limited Company

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. From the filing: “James A S Finlay (Holdings) Limited”

Latest accounts · year to 31 Aug 2023

Key figures

Capital-lightOperating leverageDoing more with less

Revenue

£26.5m

Growth ▲36.4%

Profit

£962k

Growth ▲117.2%

Profit margin

3.6%

Gross 18.8%

Employees

Change ▼1.7%

Profit / employee

£16.3k

Revenue/employee £449k

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 Aug 2022	31 Aug 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£19.4m	£26.5m
Cost of sales	£15.6m	£21.5m
Gross profit	£3.8m	£5m
Operating profit	£547k	£1.3m
Profit before tax	£534k	£1.2m
Profit after tax	£443k	£962k
Profit (best available)	£443k	£962k
Staff costs	£1.9m	£2.2m
Employees (average)	60	59
Ratios
Profit margin	2.3%	3.6%
Gross margin	19.4%	18.8%
Revenue per employee	£324k	£449k
Profit per employee	£7.4k	£16.3k
Growth (year on year)
Revenue growth	—	▲36.4%
Profit growth	—	▲117.2%
Headcount growth	—	▼1.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£630k	£1m
Net assets	£3m	£4m
Fixed assets	£481k	£433k
Current assets	£6.8m	£8.8m
Debtors	£3.5m	£4.5m
Deferred income	£310k	£262k
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: 3.6%; Profit ÷ revenue.
Gross margin: 18.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £449k; Revenue ÷ average employees.
Profit per employee: £16.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.2%; 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: ▲32%; Now £4m
Cash at bank: ▲65%; Now £1m
Headcount: ▼2%; Now 59
Deferred income: ▼16%; Now £262k
Fixed assets: ▼10%; Now £433k

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

Bako Group Limitedultimate parent75–100%
Bako Bidco Ltd75–100%
James a. S. Finlay (Holdings) Limited75–100%
James a. S. Finlay Limitedthis company

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

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Aug 2023 (profit £962k), from the Companies House accounts bulk data published Mar 2024. 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.