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Company No. 05180274 · Incorporated 15 Jul 2004

MHP Food UK Limited

Registered name: MHP FOOD UK LIMITED

Part of Mhp Se group

MHP Food UK Limited made £65.7m revenue and £4.3m profit in the year to 31 Dec 2024.

MHP Food UK Limited’s revenue grew 72% to £65.7m in the year to 31 Dec 2024, with £4.3m profit and 16 employees. The company is classified under “processing and preserving of meat” and is based in Welwyn Garden City; we hold 3 years of its filed accounts.

Status
Active
Location
Welwyn Garden City, East of England
Age
22 yrs · since 2004
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 2024

Key figures

Capital-lightOperating leverage
Revenue
£65.7m
Growth ▲71.5%
Profit
£4.3m
Growth ▲1955%
Profit margin
6.5%
Gross 12.3%
Employees
16
Change ▲166.7%
Profit / employee
£267k
Revenue/employee £4.1m
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£29m£38.3m£65.7m
Cost of sales£28.8m£35.2m£57.6m
Gross profit£213k£3.1m£8.1m
Operating profit−£1.6m£195k£5.1m
Profit before tax−£1.7m£195k£5.1m
Profit after tax−£1.7m£208k£4.3m
Profit (best available)−£1.7m£208k£4.3m
Staff costs£364k£997k£1.4m
Employees (average)6616
Ratios
Profit margin−5.7%0.5%6.5%
Gross margin0.7%8.2%12.3%
Revenue per employee£4.8m£6.4m£4.1m
Profit per employee−£276k£34.7k£267k
Growth (year on year)
Revenue growth—▲31.9%▲71.5%
Profit growth——▲1955%
Headcount growth—0%▲166.7%
Balance sheet — indirect signals, not revenue
Cash at bank£1.1m£3m£4.8m
Net assets−£1.8m−£1.6m£2.7m
Fixed assets£55.6k£346k£308k
Current assets£12m£18.5m£43.7m
Debtors£4.9m£4.7m£8m
Deferred income£92.8k£198k£132k
SourceFullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
6.5%
Profit ÷ revenue.
Gross margin
12.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£4.1m
Revenue ÷ average employees.
Profit per employee
£267k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
12.2%
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 £2.7m
Cash at bank
▲60%
Now £4.8m
Headcount
▲167%
Now 16
Deferred income
▼33%
Now £132k
Fixed assets
▼11%
Now £308k

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

  1. Mhp Se (registered outside the UK register)ultimate parent75–100%
  2. MHP Food UK Limitedthis company

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

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £4.3m), from the Companies House accounts bulk data published Sep 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.