Turner & Wrights Limited
Registered name: TURNER & WRIGHTS LIMITED
Part of Kite UK Topco Limited groupTurner & Wrights Limited made £22.9m revenue and £198k profit in the year to 31 Oct 2024.
Turner & Wrights Limited’s revenue fell 9% to £22.9m in the year to 31 Oct 2024, with £198k profit and 50 employees. The company is classified under “wholesale of sugar and chocolate and sugar confectionery” and is based in North Shields; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- North Shields
- Age
- 30 yrs · since 1996
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £28.4m | £25.2m | £22.9m |
| Cost of sales | −£24.9m | −£21.9m | −£19.7m |
| Gross profit | £3.5m | £3.4m | £3.2m |
| Operating profit | £493k | £357k | £424k |
| Profit before tax | £353k | £214k | £268k |
| Profit after tax | £281k | £162k | £198k |
| Profit (best available) | £281k | £162k | £198k |
| Employees (average) | 55 | 52 | 50 |
| Ratios | |||
| Profit margin | 1% | 0.6% | 0.9% |
| Gross margin | 12.4% | 13.3% | 13.8% |
| Revenue per employee | £517k | £485k | £458k |
| Profit per employee | £5.1k | £3.1k | £4k |
| Growth (year on year) | |||
| Revenue growth | — | ▼11.3% | ▼9.3% |
| Profit growth | — | ▼42.5% | ▲22.4% |
| Headcount growth | — | ▼5.5% | ▼3.9% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Apr 2024 | Accounts · bulk data Apr 2024 | Accounts · bulk data Apr 2025 |
How the business works
- Profit margin
- 0.9%
- Profit ÷ revenue.
- Gross margin
- 13.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £458k
- Revenue ÷ average employees.
- Profit per employee
- £4k
- 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 50
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Kite UK Topco Limitedultimate parent75–100%
- Kite UK Midco Limited75–100%
- Kite UK Bidco Limited75–100%
- Kitwave Group Limited75–100%
- Kitwave Investments Limited75–100%
- Kitwave One Limited75–100%
- Kitwave Limited75–100%
- Turner & Wrights Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (11)
- Automatic Retailing (Northern) LimitedFigures not disclosed
- Creed Catering Supplies LimitedFigures not disclosed
- David Miller Frozen Foods LimitedFigures not disclosed
- Eden Farm LimitedFigures not disclosed
- F.W. Bishop & Son LimitedFigures not disclosed
- H B Clark Holdings LimitedFigures not disclosed
- M.& M.value LimitedFigures not disclosed
- M.J. Baker Foodservice LimitedFigures not disclosed
- Squirrels UK LimitedFigures not disclosed
- Westcountry Food Holdings LtdFigures not disclosed
- Westone Wholesale LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Oct 2024 (profit £198k), from the Companies House accounts bulk data published Apr 2025. Spotted an error? Request a correction.
Updated from Companies House on 20 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.