How much does Innovate Foods Limited make?

Innovate Foods Limited reported revenue of £27.7m and £903k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Innovate Foods Limited have?

Innovate Foods Limited reported an average of 106 employees in the year to 31 Dec 2025.

Is Innovate Foods Limited profitable?

Yes — Innovate Foods Limited reported a profit of £903k in the year to 31 Dec 2025.

Company No. SC116286 · Incorporated 16 Feb 1989

Innovate Foods Limited

Registered name: INNOVATE FOODS LIMITED

Part of Frostkrone UK Limited group

Innovate Foods Limited made £27.7m revenue and £903k profit in the year to 31 Dec 2025.

Innovate Foods Limited’s revenue grew 3% to £27.7m in the year to 31 Dec 2025, with £903k profit and 106 employees. The company is classified under “other processing and preserving of fruit and vegetables” and is based in Kirkcaldy; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 10390Other processing and preserving of fruit and vegetables SIC 10850Manufacture of prepared meals and dishes

Status: Active
Location: Kirkcaldy, Scotland
Age: 37 yrs · since 1989
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 31 Dec 2025

Key figures

Capital-lightOperating leverageDoing more with lessCash flow filed

Revenue

£27.7m

Growth ▲2.5%

Profit

£903k

Growth ▲28.1%

Profit margin

3.3%

Gross 15.7%

Employees

106

Change ▼2.8%

Profit / employee

£8.5k

Revenue/employee £261k

Profitable streak

4yrs

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 to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£24m	£24.3m	£27m	£27.7m
Cost of sales	£19.9m	£21.4m	£23m	£23.3m
Gross profit	£4.1m	£3m	£4m	£4.3m
Operating profit	£1.6m	£693k	£913k	£1.2m
Profit before tax	£1.6m	£680k	£914k	£1.2m
Profit after tax	£1.3m	£524k	£705k	£903k
Profit (best available)	£1.3m	£524k	£705k	£903k
Staff costs	£2.9m	£3.2m	£3.6m	£3.6m
Employees (average)	101	95	109	106
Ratios
Profit margin	5.4%	2.1%	2.6%	3.3%
Gross margin	16.9%	12.2%	14.9%	15.7%
Revenue per employee	£237k	£256k	£248k	£261k
Profit per employee	£12.9k	£5.5k	£6.5k	£8.5k
Cash conversion	−104.4%	201.7%	239.8%	190.4%
Growth (year on year)
Revenue growth	—	▲1.5%	▲11%	▲2.5%
Profit growth	—	▼59.8%	▲34.5%	▲28.1%
Headcount growth	—	▼5.9%	▲14.7%	▼2.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£371k	£610k	£677k	£1.8m
Net assets	£7.6m	£8.1m	£8.8m	£9.7m
Fixed assets	£1.3m	£936k	£725k	£456k
Current assets	£12.4m	£9.8m	£12.4m	£13.1m
Debtors	£6.5m	£5.3m	£4.9m	£4.9m
Deferred income	£102k	£87.9k	£102k	£232k
Cash from operations	−£1.7m	£1.4m	£2.2m	£2.3m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 3.3%; Profit ÷ revenue.
Gross margin: 15.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £261k; Revenue ÷ average employees.
Profit per employee: £8.5k; Profit ÷ average employees.
Cash conversion: 190.4%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.7%; 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: ▲10%; Now £9.7m
Cash at bank: ▲165%; Now £1.8m
Headcount: ▼3%; Now 106
Deferred income: ▲127%; Now £232k
Fixed assets: ▼37%; Now £456k

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

Frostkrone UK Limitedultimate parent75–100%
Innovate Foods Limitedthis company

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

Sister companies (1)

Abergavenny Holdings LimitedFigures not disclosed

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 FullAccounts for the year to 31 Dec 2025 (profit £903k), from the Companies House accounts bulk data published Sep 2026. 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.