Gilfresh Produce

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Gilfresh Produce - overview

Established

2001

Location

-, Armagh, UK

Primary Industry

Agribusiness

About

Gilfresh Produce is a UK-based company specializing in the cultivation, processing, and packaging of high-quality vegetable products for retail and food manufacturing sectors. Founded in 2001 in the UK, Gilfresh Produce focuses on providing fresh vegetable products. The company has maintained a consistent business strategy without significant pivots. Its headquarters is located in Northern Ireland.


Danske Bank led a GBP 2. 5 million funding round in July 2016, contributing to the total amount raised of GBP 2. 5 million. The founder's history is not specified.


Gilfresh Produce specializes in cultivating, sourcing, processing, and packaging high-quality whole head and prepared vegetable products. They offer a variety of vegetables aimed at retail and food manufacturing customers on the island of Ireland, working closely with sister companies to manage over 1,000 acres of fresh produce annually, ensuring adherence to quality and sustainability standards. In 2022, Gilfresh Produce reported a revenue of GBP 28,865,092. 10 and an EBITDA of GBP 1,640,660.


50. The company generates revenue through B2B transactions, partnering directly with retailers and wholesalers for bulk purchases of its vegetable products, focusing on meeting the diverse culinary needs of its clients. Gilfresh Produce plans to utilize the GBP 2. 5 million raised in July 2016 to support the development of new vegetable products designed for expanding market demands.


The company is targeting expansion into new geographic regions, specifically seeking to increase its presence in the broader UK market by 2024. The funding will be instrumental in enhancing its production capabilities and marketing efforts to facilitate this growth.


Current Investors

Danske Bank

Primary Industry

Agribusiness

Sub Industries

Canned/Frozen Fruit & Vegetables, Crop Production

Website

www.gilfreshproduce.com

Company Stage

Early Stage

Total Amount Raised

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Gilfresh Produce - timeline of key events

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Gilfresh Produce - financials

Fiscal Year EndedNov 30, 2022Nov 30, 2023Mar 31, 2024Mar 31, 2025
Revenue (USD)23,156,688---
% Revenue Growth (YoY)----
EBITDA (USD)1,316,201---
Operating Income (USD)878,330---
Operating Margin3.8%---
% EBITDA Margin5.7%---
NET Income (USD)911,838---
% Net Margin3.9%---

Gilfresh Produce - employee data

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