DPS (M&S) Limited
Registered name: DPS (M&S) LIMITED
Part of Terradace Holdings Limited groupDPS (M&S) Limited made £76.4m revenue and £1.4m profit in the year to 30 Sep 2025.
DPS (M&S) Limited’s revenue grew 53% to £76.4m in the year to 30 Sep 2025, with £1.4m profit and 32 employees. The company is classified under “wholesale of fruit and vegetables” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 yrs · since 2021
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £33.6m | £50.1m | £76.4m |
| Cost of sales | — | £31.6m | £47.4m | £71.4m |
| Gross profit | — | £2m | £2.6m | £5m |
| Operating profit | — | £573k | £889k | £1.6m |
| Profit before tax | — | £597k | £1m | £1.7m |
| Profit after tax | — | £473k | £778k | £1.4m |
| Profit (best available) | — | £473k | £778k | £1.4m |
| Staff costs | — | £807k | £1.5m | £1.3m |
| Employees (average) | 5 | 12 | 21 | 32 |
| Ratios | ||||
| Profit margin | — | 1.4% | 1.6% | 1.8% |
| Gross margin | — | 5.9% | 5.2% | 6.5% |
| Revenue per employee | — | £2.8m | £2.4m | £2.4m |
| Profit per employee | — | £39.4k | £37k | £43.5k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲49% | ▲52.6% |
| Profit growth | — | — | ▲64.5% | ▲79% |
| Headcount growth | — | ▲140% | ▲75% | ▲52.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £779k | £4.1m | £3.8m | £7m |
| Net assets | £290k | £763k | £1.5m | £2.9m |
| Fixed assets | — | £27.2k | £23.5k | £44.8k |
| Current assets | £3.7m | £7.5m | £10.2m | £17.7m |
| Debtors | £2.4m | £2.8m | £5.2m | £8.5m |
| Deferred income | £115k | £489k | £851k | £2.7m |
| Source | Accounts · bulk data Jun 2024 | Accounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 1.8%
- Profit ÷ revenue.
- Gross margin
- 6.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.4m
- Revenue ÷ average employees.
- Profit per employee
- £43.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.2%
- 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
- ▲90%
- Now £2.9m
- Cash at bank
- ▲84%
- Now £7m
- Headcount
- ▲52%
- Now 32
- Deferred income
- ▲218%
- Now £2.7m
- Fixed assets
- ▲91%
- Now £44.8k
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
- Terradace Holdings Limitedultimate parent75–100%
- DPS (M&S) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (8)
- Integrated Service Solutions LimitedRev. £98.4m · Profit −£2m
- Fresh Produce Partners LimitedRev. £72.2m · Profit £631k
- Agriculture Investments LimitedRev. £2.1m · Profit −£135k
- B Fresh Group LimitedRev. £4.9k · Profit £240
- Organic Growers LimitedRev. £1k · Profit £787
- Geological Investments LimitedFigures not disclosed
- Incafield LimitedFigures not disclosed
- Terradace Property Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Barton and Redman LimitedManchester · Wholesale of fruit and vegetables
- Revenue
- £76.1m
- Profit
- £2.5m
- Staff
- 74
- Iberveg (UK) LimitedHoddesdon · Wholesale of fruit and vegetables
- Revenue
- £77.6m
- Profit
- £3.5m
- Staff
- 6
- Vidafresh LimitedDartford · Wholesale of fruit and vegetables
- Revenue
- £72.8m
- Profit
- £1m
- Staff
- 28
- Melon&co LtdLondon · Wholesale of fruit and vegetables
- Revenue
- £80.7m
- Profit
- £4.4m
- Staff
- 21
- Fresh Produce Partners LimitedLondon · Wholesale of fruit and vegetables
- Revenue
- £72.2m
- Profit
- £631k
- Staff
- 27
- Mercian LimitedMacclesfield · Wholesale of fruit and vegetables
- Revenue
- £72m
- Profit
- £3.6m
- Staff
- 12
Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £1.4m), 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.