Skip to content
CompanySight
Company No. 03672718 · Incorporated 18 Nov 1998

M.J. Baker Foodservice Limited

Registered name: M.J. BAKER FOODSERVICE LIMITED

Part of Kite UK Topco Limited group

M.J. Baker Foodservice Limited made £28.5m revenue and £1.8m profit in the year to 31 Oct 2024.

M.J. Baker Foodservice Limited’s revenue grew 6% to £28.5m in the year to 31 Oct 2024, with £1.8m profit and 105 employees. The company is classified under “other food services” and is based in North Shields; we hold 3 years of its filed accounts.

Status
Active
Location
North Shields
Age
27 yrs · since 1998
Type
Private Limited Company
Latest accounts · year to 31 Oct 2024

Key figures

Revenue
£28.5m
Growth ▲6.2%
Profit
£1.8m
Growth ▲5.4%
Profit margin
6.2%
Gross 27.5%
Employees
105
Change ▲18%
Profit / employee
£16.7k
Revenue/employee £272k
Profitable streak
3yrs
Consecutive profitable years in our data
3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Oct 202231 Oct 202331 Oct 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£20.8m£26.9m£28.5m
Cost of sales−£14.4m−£18.9m−£20.7m
Gross profit£6.4m£8m£7.8m
Operating profit£2.3m£2.2m£2.2m
Profit before tax£2.3m£2.2m£2m
Profit after tax£1.8m£1.7m£1.8m
Profit (best available)£1.8m£1.7m£1.8m
Employees (average)8189105
Ratios
Profit margin8.8%6.2%6.2%
Gross margin30.8%29.7%27.5%
Revenue per employee£257k£302k£272k
Profit per employee£22.5k£18.7k£16.7k
Growth (year on year)
Revenue growth——▲6.2%
Profit growth——▲5.4%
Headcount growth——▲18%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Apr 2024Accounts · bulk data Apr 2024Accounts · bulk data Apr 2025
Derived from the latest filing

How the business works

Profit margin
6.2%
Profit ÷ revenue.
Gross margin
27.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£272k
Revenue ÷ average employees.
Profit per employee
£16.7k
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
▲18%
Now 105
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Kite UK Topco Limitedultimate parent75–100%
  2. Kite UK Midco Limited75–100%
  3. Kite UK Bidco Limited75–100%
  4. Kitwave Group Limited75–100%
  5. Kitwave Investments Limited75–100%
  6. Kitwave One Limited75–100%
  7. Kitwave Limited75–100%
  8. M.J. Baker Foodservice Limitedthis company

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

Sister companies (11)

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

Sources

Latest figures from accounts for the year to 31 Oct 2024 (profit £1.8m), 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.