How much does Waterfields (Leigh) Limited make?

Waterfields (Leigh) Limited reported revenue of £14.8m and a loss of £228k in the year to 5 Apr 2025, according to its accounts filed at Companies House.

How many employees does Waterfields (Leigh) Limited have?

Waterfields (Leigh) Limited reported an average of 369 employees in the year to 5 Apr 2025.

Is Waterfields (Leigh) Limited profitable?

No — Waterfields (Leigh) Limited reported a loss of £228k in the year to 5 Apr 2025.

Company No. 00337210 · Incorporated 24 Feb 1938

Waterfields (Leigh) Limited

Registered name: WATERFIELDS (LEIGH) LIMITED

Part of Davies Enterprise Holdings Limited group

Waterfields (Leigh) Limited made £14.8m revenue and a £228k loss in the year to 5 Apr 2025. read from filing text

Waterfields (Leigh) Limited’s revenue fell 5% to £14.8m in the year to 5 Apr 2025, with a loss of £228k and 369 employees. The company is classified under “manufacture of bread; manufacture of fresh pastry goods and cakes” and is based in Leigh; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 10710Manufacture of bread; manufacture of fresh pastry goods and cakes

Status: Active
Location: Leigh, North West
Age: 88 yrs · since 1938
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: “From 6 April 2024 until 10 January 2025, A R Waterfield was the ultimate controlling party.”

Latest accounts · year to 5 Apr 2025

Key figures

Capital-lightCash flow filed

Revenue

£14.8m

Growth ▼4.9%

Profit

−£228k

Growth —

Profit margin

−1.5%

Gross 46.3%

Employees

369

Change ▼1.6%

Profit / employee

−£618

Revenue/employee £40.1k

Profitable streak

0yrs

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	5 Apr 2022	5 Apr 2023	5 Apr 2024	5 Apr 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)	£12.4m	£13.6m	£15.5m	£14.8m
Cost of sales	£6.4m	£7.3m	£8.3m	£7.9m
Gross profit	£6m	£6.3m	£7.3m	£6.8m
Operating profit	£304k	£54.1k	−£248k	−£604k
Profit before tax	£302k	£52.3k	−£259k	−£626k
Profit after tax	£368k	£37.8k	−£195k	−£228k
Profit (best available)	£368k	£37.8k	−£195k	−£228k
Staff costs	£5.8m	£6.2m	£7.3m	£7.4m
Employees (average)	366	382	375	369
Ratios
Profit margin	3%	0.3%	−1.3%	−1.5%
Gross margin	48.4%	46.6%	46.8%	46.3%
Revenue per employee	£33.9k	£35.6k	£41.4k	£40.1k
Profit per employee	£1k	£99	−£520	−£618
Cash conversion	−113.4%	−519.7%	—	—
Growth (year on year)
Revenue growth	—	▲9.6%	▲14.4%	▼4.9%
Profit growth	—	▼89.7%	▼615.9%	—
Headcount growth	—	▲4.4%	▼1.8%	▼1.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£732k	£617k	£318k	£210k
Net assets	£1.8m	£1.8m	£1.6m	£1.4m
Fixed assets	£1.1m	£1.5m	£1.5m	£1.4m
Current assets	£1.7m	£1.6m	£1.5m	£1.6m
Debtors	£261k	£297k	£402k	£390k
Deferred income	£308k	£306k	£311k	£347k
Cash from operations	−£345k	−£281k	£4k	£25.9k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −1.5%; Profit ÷ revenue.
Gross margin: 46.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £40.1k; Revenue ÷ average employees.
Profit per employee: −£618; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 9.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.6%; 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: ▼14%; Now £1.4m
Cash at bank: ▼34%; Now £210k
Headcount: ▼2%; Now 369
Deferred income: ▲12%; Now £347k
Fixed assets: ▼8%; Now £1.4m

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

Davies Enterprise Holdings Limitedultimate parent75–100%
Waterfields (Leigh) Limitedthis company

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

Sister companies (2)

Hilltop Food Group LimitedRev. £45.4m · Profit £1.4m
Patchwork Foods LimitedLiquidationRev. — · Profit −£911k

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 5 Apr 2025 (profit −£228k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 11 Oct 2026

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