Zafron Foods Limited
Registered name: ZAFRON FOODS LIMITED
Part of Solina Belgium groupZafron Foods Limited made £43m revenue and £7.9m profit in the year to 31 Dec 2024. read from filing text
Zafron Foods Limited’s revenue grew 1% to £43m in the year to 31 Dec 2024, with £7.9m profit and 0 employees. The company is classified under “manufacture of other food products” and is based in Elland; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Elland, Yorkshire and The Humber
- Age
- 19 yrs · since 2007
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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's immediate parent Company is Solina UK Holdings Ltd, who own”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £42.4m | £43m |
| Cost of sales | £27.8m | £25.3m |
| Gross profit | £14.6m | £17.7m |
| Operating profit | £9.4m | £10.5m |
| Profit before tax | £9.6m | £10.9m |
| Profit after tax | £7.5m | £7.9m |
| Profit (best available) | £7.5m | £7.9m |
| Staff costs | £3.5m | £4.3m |
| Employees (average) | 88 | 0 |
| Ratios | ||
| Profit margin | 17.6% | 18.3% |
| Gross margin | 34.4% | 41.2% |
| Revenue per employee | £482k | — |
| Profit per employee | £84.8k | — |
| Growth (year on year) | ||
| Revenue growth | — | ▲1.4% |
| Profit growth | — | ▲5.6% |
| Headcount growth | — | ▼100% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £457k | £1.3m |
| Net assets | £17.9m | £14.1m |
| Fixed assets | £5.2m | £7.1m |
| Current assets | £18.7m | £13.8m |
| Debtors | £6.7m | £5.6m |
| Deferred income | £367k | £180k |
| Source | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2025 |
How the business works
- Profit margin
- 18.3%
- Profit ÷ revenue.
- Gross margin
- 41.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 16.6%
- 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
- 13.1%
- 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
- ▼21%
- Now £14.1m
- Cash at bank
- ▲180%
- Now £1.3m
- Headcount
- ▼100%
- Now 0
- Deferred income
- ▼51%
- Now £180k
- Fixed assets
- ▲37%
- Now £7.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Solina Belgium (registered outside the UK register)ultimate parent50–75%
- Solina UK Holdings Limited75–100%
- Zafron Foods Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- Essential Cuisine LimitedFigures not disclosed
- Obarcs (Holdings) LimitedFigures not disclosed
- Solina Coatings Holdings LimitedFigures not disclosed
- Solina UK Trading LimitedFigures 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 31 Dec 2024 (profit £7.9m), from the Companies House accounts bulk data published Jun 2025. 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.