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Company No. NI049871 · Incorporated 2 Mar 2004

The Good Food Shop (Hill Street) Newry Limited

Registered name: THE GOOD FOOD SHOP (HILL STREET) NEWRY LIMITED

Part of Musgrave Investments Limited group

The Good Food Shop (Hill Street) Newry Limited made £4.3m revenue and a £345k loss in the year to 27 Dec 2025.

The Good Food Shop (Hill Street) Newry Limited’s revenue fell 2% to £4.3m in the year to 27 Dec 2025, with a loss of £345k and 22 employees. The company is classified under “retail sale in non-specialised stores with food, beverages or tobacco predominating” and is based in Belfast; we hold 4 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
Belfast, Northern Ireland
Age
22 yrs · since 2004
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.

Latest accounts · year to 27 Dec 2025

Key figures

Revenue
£4.3m
Growth ▼2.4%
Profit
−£345k
Growth —
Profit margin
−8.1%
Gross 25.4%
Employees
22
Change ▼4.3%
Profit / employee
−£15.7k
Revenue/employee £194k
Profitable streak
0yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to28 Dec 202327 Dec 202428 Dec 202427 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£4.7m£4.4m£4.4m£4.3m
Cost of sales−£3.5m−£3.3m−£3.3m−£3.2m
Gross profit£1.2m£1.1m£1.1m£1.1m
Operating profit−£164k−£304k−£304k−£341k
Profit before tax−£164k−£304k−£304k−£341k
Profit after tax−£162k−£306k−£306k−£345k
Profit (best available)−£162k−£306k−£306k−£345k
Employees (average)23232322
Ratios
Profit margin−3.5%−7%−7%−8.1%
Gross margin25.9%25.1%25.1%25.4%
Revenue per employee£203k£190k£190k£194k
Profit per employee−£7k−£13.3k−£13.3k−£15.7k
Growth (year on year)
Revenue growth—▼6.4%—▼2.4%
Headcount growth—0%—▼4.3%
Balance sheet — indirect signals, not revenue
Net assets————
SourceAccounts · bulk data Sep 2025Accounts · bulk data Sep 2026Accounts · bulk data Sep 2025Accounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
−8.1%
Profit ÷ revenue.
Gross margin
25.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£194k
Revenue ÷ average employees.
Profit per employee
−£15.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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 —
Cash at bank
—
Now —
Headcount
▼4%
Now 22
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Musgrave Investments Limitedultimate parent75–100%
  2. The Good Food Shop (Hill Street) Newry Limitedthis company

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

Sister companies (10)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from accounts for the year to 27 Dec 2025 (profit −£345k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 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.