How much does Hanover Dairies Limited make?

Hanover Dairies Limited reported revenue of £21.4m and £986k profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Hanover Dairies Limited have?

Hanover Dairies Limited reported an average of 145 employees in the year to 31 May 2025.

Is Hanover Dairies Limited profitable?

Yes — Hanover Dairies Limited reported a profit of £986k in the year to 31 May 2025.

Company No. 05609215 · Incorporated 1 Nov 2005

Hanover Dairies Limited

Registered name: HANOVER DAIRIES LIMITED

Hanover Dairies Limited made £21.4m revenue and £986k profit in the year to 31 May 2025. read from filing text

Hanover Dairies Limited’s revenue grew 8% to £21.4m in the year to 31 May 2025, with £986k profit and 145 employees. The company is classified under “wholesale of dairy products, eggs and edible oils and fats” and is based in Blaydon; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46330Wholesale of dairy products, eggs and edible oils and fats SIC 47990Other retail sale not in stores, stalls or markets

Status: Active
Location: Blaydon, North East
Age: 20 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 company is under the control of Mr T A Hanover and Mrs V Hanover, by virtue off their 99.7% holding of the company's voting share capital.”

Latest accounts · year to 31 May 2025

Key figures

Cash flow filed

Revenue

£21.4m

Growth ▲7.8%

Profit

£986k

Growth ▲7.3%

Profit margin

4.6%

Gross 51.1%

Employees

145

Change ▲13.3%

Profit / employee

£6.8k

Revenue/employee £147k

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 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)	£16.9m	£18.5m	£19.8m	£21.4m
Cost of sales	£10.2m	£11.6m	£10.3m	£10.4m
Gross profit	£6.7m	£6.9m	£9.5m	£10.9m
Operating profit	£448k	£304k	£1.3m	£1.4m
Profit before tax	£324k	£200k	£1.2m	£1.3m
Profit after tax	£283k	£164k	£918k	£986k
Profit (best available)	£283k	£164k	£918k	£986k
Staff costs	£3.2m	£3.4m	£4.3m	£5.2m
Employees (average)	98	100	128	145
Ratios
Profit margin	1.7%	0.9%	4.6%	4.6%
Gross margin	39.7%	37.3%	47.9%	51.1%
Revenue per employee	£172k	£185k	£155k	£147k
Profit per employee	£2.9k	£1.6k	£7.2k	£6.8k
Cash conversion	−256.3%	—	−135.2%	−181.1%
Growth (year on year)
Revenue growth	—	▲9.8%	▲6.8%	▲7.8%
Profit growth	—	▼42.3%	▲461.5%	▲7.3%
Headcount growth	—	▲2%	▲28%	▲13.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£68k	£46.9k	£2.3k	£23.1k
Net assets	£3m	£2.5m	£2.6m	£2.6m
Fixed assets	£2.3m	£2.2m	£2.4m	£2.3m
Current assets	£5.3m	£4.4m	£4.6m	£4.1m
Debtors	£1.5m	£1.5m	£1.5m	£1.7m
Deferred income	£46.7k	£47.4k	£333k	£96.8k
Cash from operations	−£1.1m	—	−£1.8m	−£2.6m
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 4.6%; Profit ÷ revenue.
Gross margin: 51.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £147k; Revenue ÷ average employees.
Profit per employee: £6.8k; Profit ÷ average employees.
Cash conversion: −181.1%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.1%; 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: ▼0%; Now £2.6m
Cash at bank: ▲926%; Now £23.1k
Headcount: ▲13%; Now 145
Deferred income: ▼71%; Now £96.8k
Fixed assets: ▼4%; Now £2.3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2025 (profit £986k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.