The Good Food Shop (Hill Street) Newry Limited
Registered name: THE GOOD FOOD SHOP (HILL STREET) NEWRY LIMITED
Part of Musgrave Investments Limited groupThe 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.
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Dec 2023 | 27 Dec 2024 | 28 Dec 2024 | 27 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full 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) | 23 | 23 | 23 | 22 |
| Ratios | ||||
| Profit margin | −3.5% | −7% | −7% | −8.1% |
| Gross margin | 25.9% | 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 | — | — | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2026 | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2026 |
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.
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 —
Group structure
Ownership chain
- Musgrave Investments Limitedultimate parent75–100%
- 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)
- Delifresh LimitedRev. £70.6m · Profit −£66.3k
- High Water Drinks LimitedRev. £397k · Profit £2.1k
- J & J Haslett Holdings LimitedFigures not disclosed
- Musgrave Distribution LimitedFigures not disclosed
- Musgrave Retail Partners Ni LimitedFigures not disclosed
- Musgrave Retail Stores Ni LimitedFigures not disclosed
- Parkview Provisions LimitedFigures not disclosed
- Ritter-Courivaud LimitedFigures not disclosed
- Robb Brothers Wine Merchants LtdFigures not disclosed
- Town & Country Fine Foods LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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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.