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Company No. 05526538 · Incorporated 3 Aug 2005

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.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46390Non-specialised wholesale of food, beverages and tobacco
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.”

Latest accounts · year to 30 Apr 2025

Key figures

Cash flow filed
Revenue
£76.5m
Growth ▲8.8%
Profit
£806k
Growth ▼48.5%
Profit margin
1.1%
Gross 16.9%
Employees
306
Change ▲3.7%
Profit / employee
£2.6k
Revenue/employee £250k
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Apr 202230 Apr 202330 Apr 202430 Apr 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull 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)232293295306
Ratios
Profit margin3.5%3.4%2.2%1.1%
Gross margin20.3%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
SourceFullAccounts · bulk data Jan 2024FullAccounts · bulk data Jan 2024FullAccounts · bulk data Mar 2025FullAccounts · bulk data Jan 2026
Derived from the latest filing

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.
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
▼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.

Corporate ownership

Group structure

Subsidiaries (2)

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

Same industry, similar size

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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.