How much does Ethical Food Company Limited make?

Ethical Food Company Limited reported revenue of £51m and £562k profit in the year to 30 Sep 2025, according to its accounts filed at Companies House.

How many employees does Ethical Food Company Limited have?

Ethical Food Company Limited reported an average of 32 employees in the year to 30 Sep 2025.

Is Ethical Food Company Limited profitable?

Yes — Ethical Food Company Limited reported a profit of £562k in the year to 30 Sep 2025.

Company No. 06882973 · Incorporated 21 Apr 2009

Ethical Food Company Limited

Registered name: ETHICAL FOOD COMPANY LIMITED

Part of Terradace Holdings Limited group

Ethical Food Company Limited made £51m revenue and £562k profit in the year to 30 Sep 2025.

Ethical Food Company Limited’s revenue grew 17% to £51m in the year to 30 Sep 2025, with £562k profit and 32 employees. The company is classified under “other processing and preserving of fruit and vegetables” and is based in Stratford Upon Avon; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 10390Other processing and preserving of fruit and vegetables

Status: Active
Location: Stratford Upon Avon, West Midlands
Age: 17 yrs · since 2009
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 30 Sep 2025

Key figures

Capital-lightDoing more with less

Revenue

£51m

Growth ▲17.3%

Profit

£562k

Growth ▼3.3%

Profit margin

1.1%

Gross 6.8%

Employees

Change ▼3%

Profit / employee

£17.6k

Revenue/employee £1.6m

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	30 Sep 2022	30 Sep 2023	30 Sep 2024	30 Sep 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£41.6m	£40.4m	£43.5m	£51m
Cost of sales	£38.8m	£37.8m	£40.7m	£47.6m
Gross profit	£2.8m	£2.6m	£2.8m	£3.5m
Operating profit	£712k	£504k	£741k	£637k
Profit before tax	£734k	£541k	£818k	£770k
Profit after tax	£634k	£337k	£582k	£562k
Profit (best available)	£634k	£337k	£582k	£562k
Staff costs	£2.3m	£3.3m	£3.3m	£3.8m
Employees (average)	32	31	33	32
Ratios
Profit margin	1.5%	0.8%	1.3%	1.1%
Gross margin	6.8%	6.4%	6.4%	6.8%
Revenue per employee	£1.3m	£1.3m	£1.3m	£1.6m
Profit per employee	£19.8k	£10.9k	£17.6k	£17.6k
Growth (year on year)
Revenue growth	—	▼3%	▲7.8%	▲17.3%
Profit growth	—	▼46.8%	▲72.7%	▼3.3%
Headcount growth	—	▼3.1%	▲6.5%	▼3%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.4m	£1.7m	£3.2m	£2.9m
Net assets	£5.7m	£6.1m	£6.6m	£7.2m
Fixed assets	£582k	£637k	£576k	£502k
Current assets	£11.4m	£10.8m	£13.5m	£14.9m
Debtors	£4.8m	£4.7m	£5.5m	£6.8m
Deferred income	£859k	£832k	£912k	£1.3m
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 1.1%; Profit ÷ revenue.
Gross margin: 6.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.6m; Revenue ÷ average employees.
Profit per employee: £17.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.3%; 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: ▲8%; Now £7.2m
Cash at bank: ▼9%; Now £2.9m
Headcount: ▼3%; Now 32
Deferred income: ▲46%; Now £1.3m
Fixed assets: ▼13%; Now £502k

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

Terradace Holdings Limitedultimate parent75–100%
Organic Growers Limited75–100%
Ethical Food Company Limitedthis company

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

Subsidiaries (2)

Ethical Fruit Company LimitedFigures not disclosed
Organic Farm Foods LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £562k), from the Companies House accounts bulk data published Jun 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.