Pilgrim Foodservice Limited
Registered name: PILGRIM FOODSERVICE LIMITED
Pilgrim Foodservice Limited made £76.5m revenue and £806k profit in the year to 30 Apr 2025. read from filing text
Pilgrim Foodservice Limited’s revenue grew 9% to £76.5m in the year to 30 Apr 2025, with £806k profit and 306 employees. The company is classified under “non-specialised wholesale of food, beverages and tobacco” and is based in Boston; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Boston, East of England
- Age
- 21 yrs · since 2005
- 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. From the filing: “The ultimate controlling party is P J Bateman.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 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) | £42.4m | £57.2m | £70.3m | £76.5m |
| Cost of sales | £33.8m | £46.1m | £58.3m | £63.6m |
| Gross profit | £8.6m | £11.1m | £12.1m | £12.9m |
| Operating profit | £2m | £2.8m | £3.1m | £2.4m |
| Profit before tax | £1.9m | £2.6m | £2.8m | £2m |
| Profit after tax | £1.5m | £1.9m | £1.6m | £806k |
| Profit (best available) | £1.5m | £1.9m | £1.6m | £806k |
| Staff costs | £8.2m | £10.2m | £11.8m | £13.6m |
| Employees (average) | 232 | 293 | 295 | 306 |
| Ratios | ||||
| Profit margin | 3.5% | 3.4% | 2.2% | 1.1% |
| Gross margin | 20.3% | 19.4% | 17.2% | 16.9% |
| Revenue per employee | £183k | £195k | £238k | £250k |
| Profit per employee | £6.3k | £6.5k | £5.3k | £2.6k |
| Cash conversion | −137.9% | −133.4% | −212.9% | −296.8% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲34.7% | ▲22.9% | ▲8.8% |
| Profit growth | — | ▲31.1% | ▼18.4% | ▼48.5% |
| Headcount growth | — | ▲26.3% | ▲0.7% | ▲3.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £670k | £0 | £0 | £908k |
| Net assets | £11.1m | £11.5m | £11.7m | £10.2m |
| Fixed assets | £15m | £15.4m | £18.8m | £21.5m |
| Current assets | £6.8m | £8.4m | £8.6m | £10.4m |
| Debtors | £2.4m | £3.2m | £3.9m | £4.1m |
| Deferred income | £1.5m | £2.6m | £2.3m | £3.4m |
| Cash from operations | −£2.7m | −£3.7m | −£6.5m | −£7.1m |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 1.1%
- Profit ÷ revenue.
- Gross margin
- 16.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £250k
- Revenue ÷ average employees.
- Profit per employee
- £2.6k
- Profit ÷ average employees.
- Cash conversion
- −296.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 28.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.3%
- 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
- ▼13%
- Now £10.2m
- Cash at bank
- —
- Now £908k
- Headcount
- ▲4%
- Now 306
- Deferred income
- ▲48%
- Now £3.4m
- Fixed assets
- ▲15%
- Now £21.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (2)
- Cottage Foods (Yorkshire) LimitedFigures not disclosed
- East Anglian Foods LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £806k), from the Companies House accounts bulk data published Jan 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.