Braces Bakery Limited
Registered name: BRACES BAKERY LIMITED
Part of Boparan Private Office Limited groupBraces Bakery Limited made £34m revenue and a £1.4m loss in the year to 28 Sep 2024.
Braces Bakery Limited’s revenue fell 8% to £34m in the year to 28 Sep 2024, with a loss of £1.4m. The company is classified under “manufacture of bread; manufacture of fresh pastry goods and cakes” and is based in Birmingham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Birmingham
- Age
- 51 yrs · since 1975
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 30 Sep 2022 | 28 Sep 2023 | 30 Sep 2023 | 28 Sep 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £30.5m | £37.1m | £37.1m | £34m |
| Cost of sales | −£24m | −£28.6m | −£28.6m | −£28m |
| Gross profit | £6.6m | £8.5m | £8.5m | £6m |
| Operating profit | £107k | £1.3m | £1.3m | −£1.5m |
| Profit before tax | −£2.2k | £1.1m | £1.1m | −£1.8m |
| Profit after tax | £131k | £820k | £820k | −£1.4m |
| Profit (best available) | £131k | £820k | £820k | −£1.4m |
| Employees (average) | 283 | — | 285 | — |
| Ratios | ||||
| Profit margin | 0.4% | 2.2% | 2.2% | −4% |
| Gross margin | 21.5% | 22.9% | 22.9% | 17.8% |
| Revenue per employee | £108k | — | £130k | — |
| Profit per employee | £462 | — | £2.9k | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲21.6% | — | ▼8.4% |
| Profit growth | — | ▲526.5% | — | ▼265.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | — | — | — | — |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Jan 2026 | Accounts · bulk data Sep 2024 | Accounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −4%
- Profit ÷ revenue.
- Gross margin
- 17.8%
- 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
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Boparan Private Office Limitedultimate parent75–100%
- Invest Co 1 Limited75–100%
- Roberts Bakery 1887 Limited75–100%
- Braces Bakery Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Gunstones Bakery LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 28 Sep 2024 (profit −£1.4m), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.
Updated from Companies House on 20 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.