George Bolam (Foods) Ltd
Registered name: GEORGE BOLAM (FOODS) LTD
George Bolam (Foods) Ltd made £12m revenue and £122k profit in the year to 28 Feb 2025.
George Bolam (Foods) Ltd’s revenue fell 1% to £12m in the year to 28 Feb 2025, with £122k profit and 55 employees. The company is classified under “wholesale of meat and meat products” and is based in Sedgefield Co Durham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Sedgefield Co Durham, North East
- Age
- 38 yrs · since 1988
- 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 | 28 Feb 2022 | 28 Feb 2023 | 28 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £10.2m | £10.8m | £12.2m | £12m |
| Cost of sales | £8.4m | £9.3m | £10m | £9.9m |
| Gross profit | £1.8m | £1.5m | £2.1m | £2.1m |
| Operating profit | £229k | £11.3k | £420k | £284k |
| Profit before tax | £228k | £12.6k | £423k | £284k |
| Profit after tax | £77.9k | −£53.4k | £251k | £122k |
| Profit (best available) | £77.9k | −£53.4k | £251k | £122k |
| Staff costs | £1.7m | £1.8m | £1.9m | £339k |
| Employees (average) | 69 | 79 | 89 | 55 |
| Ratios | ||||
| Profit margin | 0.8% | −0.5% | 2.1% | 1% |
| Gross margin | 17.7% | 13.8% | 17.6% | 17.4% |
| Revenue per employee | £148k | £137k | £137k | £218k |
| Profit per employee | £1.1k | −£676 | £2.8k | £2.2k |
| Cash conversion | −74.1% | −2861% | −64.6% | −123.6% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲6% | ▲12.4% | ▼1.2% |
| Profit growth | — | ▼168.6% | — | ▼51.6% |
| Headcount growth | — | ▲14.5% | ▲12.7% | ▼38.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £467k | £430k | £239k | £24.5k |
| Net assets | £3.6m | £3.5m | £3.8m | £3.8m |
| Fixed assets | £3m | £3.3m | £3.6m | £3.8m |
| Current assets | £1.4m | £1.3m | £1.4m | £1.1m |
| Debtors | £139k | £119k | £91.8k | £46.6k |
| Deferred income | £28.2k | £28k | £50k | — |
| Cash from operations | −£170k | −£324k | −£271k | −£351k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 1%
- Profit ÷ revenue.
- Gross margin
- 17.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £218k
- Revenue ÷ average employees.
- Profit per employee
- £2.2k
- Profit ÷ average employees.
- Cash conversion
- −123.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 31.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.4%
- 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
- ▲2%
- Now £3.8m
- Cash at bank
- ▼90%
- Now £24.5k
- Headcount
- ▼38%
- Now 55
- Deferred income
- —
- Now —
- Fixed assets
- ▲5%
- Now £3.8m
Similar profitable businesses
- Astbridge LimitedManchester · Wholesale of meat and meat products
- Revenue
- £12.4m
- Profit
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- Staff
- 6
- Primepak Foods LimitedDriffield · Wholesale of meat and meat products
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- The Bury Black Pudding Co LimitedBury · Wholesale of meat and meat products
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- £11.1m
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- County Foods LimitedPoole · Wholesale of meat and meat products
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- Sykes House Farm LimitedHarrogate · Wholesale of meat and meat products
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- £13.3m
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- Brian Etherington Meat Company LimitedRedruth · Wholesale of meat and meat products
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £122k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.
Updated from Companies House on 23 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.