Tiffin Sandwiches Limited
Registered name: TIFFIN SANDWICHES LIMITED
Tiffin Sandwiches Limited made £57.2m revenue and £3.4m profit in the year to 31 May 2025. read from filing text
Tiffin Sandwiches Limited’s revenue grew 22% to £57.2m in the year to 31 May 2025, with £3.4m profit and 698 employees. The company is classified under “manufacture of prepared meals and dishes” and is based in Bradford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bradford, Yorkshire and The Humber
- Age
- 26 yrs · since 2000
- 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 | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £28.3m | £36m | £46.8m | £57.2m |
| Cost of sales | £22.2m | £27.2m | £36.1m | £43.9m |
| Gross profit | £6.2m | £8.8m | £10.7m | £13.3m |
| Operating profit | £2.1m | £2.8m | £3.4m | £4.8m |
| Profit before tax | £2m | £2.7m | £3.3m | £4.6m |
| Profit after tax | £1.5m | £2.2m | £2.3m | £3.4m |
| Profit (best available) | £1.5m | £2.2m | £2.3m | £3.4m |
| Employees (average) | 401 | 450 | 554 | 698 |
| Ratios | ||||
| Profit margin | 5.4% | 6.1% | 4.9% | 6% |
| Gross margin | 21.8% | 24.4% | 22.8% | 23.3% |
| Revenue per employee | £70.6k | £79.9k | £84.5k | £81.9k |
| Profit per employee | £3.8k | £4.9k | £4.1k | £4.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲27.1% | ▲30% | ▲22.2% |
| Profit growth | — | ▲43.8% | ▲2.8% | ▲50.4% |
| Headcount growth | — | ▲12.2% | ▲23.1% | ▲26% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £5.2m | £1.6m | £119k | £81.1k |
| Net assets | £3m | £2.8m | £5.1m | £8.4m |
| Fixed assets | £3.2m | £6.5m | £10.2m | £13.2m |
| Current assets | £9.6m | £7.3m | £6.6m | £9.1m |
| Debtors | £3.5m | £4.4m | £4.6m | £6m |
| Deferred income | £323k | £623k | £467k | £921k |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 6%
- Profit ÷ revenue.
- Gross margin
- 23.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £81.9k
- Revenue ÷ average employees.
- Profit per employee
- £4.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 23.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.5%
- 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
- ▲66%
- Now £8.4m
- Cash at bank
- ▼32%
- Now £81.1k
- Headcount
- ▲26%
- Now 698
- Deferred income
- ▲97%
- Now £921k
- Fixed assets
- ▲30%
- Now £13.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (3)
- Love Bites LimitedFigures not disclosed
- PJ'S Foods LimitedFigures not disclosed
- Street Eats Food LimitedFigures not disclosed
Minority corporate shareholders
- TC Sandwich Holdings Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £3.4m), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 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.