How much does Castlebarn Limited make?

Castlebarn Limited reported revenue of £20.9m and £158k profit in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Castlebarn Limited have?

Castlebarn Limited reported an average of 461 employees in the year to 31 Dec 2022.

Is Castlebarn Limited profitable?

Yes — Castlebarn Limited reported a profit of £158k in the year to 31 Dec 2022.

Company No. 01502025 · Incorporated 16 Jun 1980

Castlebarn Limited

Registered name: CASTLEBARN LIMITED

Part of Caskade 2020 Ltd group

Castlebarn Limited made £20.9m revenue and £158k profit in the year to 31 Dec 2022.

Castlebarn Limited’s revenue fell 27% to £20.9m in the year to 31 Dec 2022, with £158k profit and 461 employees. The company is classified under “licensed restaurants” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56101Licensed restaurants

Status: In Administration/Administrative Receiver
Location: London, London
Age: 46 yrs · since 1980
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 31 Dec 2022

Key figures

Cash flow filed

Revenue

£20.9m

Growth ▼26.9%

Profit

£158k

Growth ▼91%

Profit margin

0.8%

Gross 19.4%

Employees

461

Change ▲15.3%

Profit / employee

£342

Revenue/employee £45.3k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Nov 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£28.6m	£20.9m
Cost of sales	£21m	£16.8m
Gross profit	£7.6m	£4.1m
Operating profit	£2.9m	£158k
Profit before tax	£2.9m	£158k
Profit after tax	£1.8m	£158k
Profit (best available)	£1.8m	£158k
Staff costs	£6.4m	£5.9m
Employees (average)	400	461
Ratios
Profit margin	6.2%	0.8%
Gross margin	26.6%	19.4%
Revenue per employee	£71.5k	£45.3k
Profit per employee	£4.4k	£342
Cash conversion	45.3%	−551.8%
Growth (year on year)
Revenue growth	—	▼26.9%
Profit growth	—	▼91%
Headcount growth	—	▲15.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£650k	£774k
Net assets	£3.4m	£3.6m
Fixed assets	£3.5m	£3.8m
Current assets	£1.9m	£4.6m
Debtors	£26.4k	£3.6m
Deferred income	£264k	£167k
Cash from operations	£1.3m	−£869k
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023

Derived from the latest filing

How the business works

Profit margin: 0.8%; Profit ÷ revenue.
Gross margin: 19.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £45.3k; Revenue ÷ average employees.
Profit per employee: £342; Profit ÷ average employees.
Cash conversion: −551.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 18%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.4%; 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: ▲5%; Now £3.6m
Cash at bank: ▲19%; Now £774k
Headcount: ▲15%; Now 461
Deferred income: ▼37%; Now £167k
Fixed assets: ▲6%; Now £3.8m

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

Caskade 2020 Ltdultimate parent75–100%
Castlebarn Limitedthis company

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

Sister companies (1)

Grovemaze LimitedIn Administration/Administrative ReceiverFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2022 (profit £158k), from the Companies House accounts bulk data published Oct 2023. 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.