How much does Blades Restaurants Ltd make?

Blades Restaurants Ltd reported revenue of £38.6m and £273k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Blades Restaurants Ltd have?

Blades Restaurants Ltd reported an average of 896 employees in the year to 31 Dec 2025.

Is Blades Restaurants Ltd profitable?

Yes — Blades Restaurants Ltd reported a profit of £273k in the year to 31 Dec 2025.

Company No. 04201937 · Incorporated 19 Apr 2001

Blades Restaurants Ltd

Registered name: BLADES RESTAURANTS LTD

Blades Restaurants Ltd made £38.6m revenue and £273k profit in the year to 31 Dec 2025.

Blades Restaurants Ltd’s revenue fell 5% to £38.6m in the year to 31 Dec 2025, with £273k profit and 896 employees. The company is classified under “unlicensed restaurants and cafes” and is based in Kingswinford; we hold 4 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56102Unlicensed restaurants and cafes

Status: Active
Location: Kingswinford, West Midlands
Age: 25 yrs · since 2001
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightCash flow filed

Revenue

£38.6m

Growth ▼4.9%

Profit

£273k

Growth ▼26.5%

Profit margin

0.7%

Gross 65.9%

Employees

896

Change ▼21.1%

Profit / employee

£305

Revenue/employee £43k

Profitable streak

3yrs

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	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£43.1m	£45m	£40.5m	£38.6m
Cost of sales	£15.3m	£16m	£14m	£13.1m
Gross profit	£27.8m	£29m	£26.5m	£25.4m
Operating profit	−£178k	£597k	£452k	£380k
Profit before tax	−£244k	£534k	£433k	£373k
Profit after tax	−£308k	£394k	£371k	£273k
Profit (best available)	−£308k	£394k	£371k	£273k
Staff costs	£12.1m	£12.6m	£11.9m	£11.3m
Employees (average)	1,185	1,246	1,136	896
Ratios
Profit margin	−0.7%	0.9%	0.9%	0.7%
Gross margin	64.5%	64.4%	65.4%	65.9%
Revenue per employee	£36.4k	£36.2k	£35.7k	£43k
Profit per employee	−£260	£317	£327	£305
Cash conversion	—	156.8%	80.3%	422.1%
Growth (year on year)
Revenue growth	—	▲4.4%	▼10%	▼4.9%
Profit growth	—	—	▼5.9%	▼26.5%
Headcount growth	—	▲5.1%	▼8.8%	▼21.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.9m	£3.7m	£2.7m	£3.9m
Net assets	£2.9m	£2.9m	£2.1m	£1.9m
Fixed assets	£3.7m	£2.9m	£1.6m	£1.3m
Current assets	£5.3m	£4.1m	£3.6m	£4.3m
Debtors	£183k	£198k	£44.3k	£164k
Cash from operations	£2.1m	£935k	£363k	£1.6m
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 0.7%; Profit ÷ revenue.
Gross margin: 65.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £43k; Revenue ÷ average employees.
Profit per employee: £305; Profit ÷ average employees.
Cash conversion: 422.1%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.4%; 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: ▼10%; Now £1.9m
Cash at bank: ▲45%; Now £3.9m
Headcount: ▼21%; Now 896
Deferred income: —; Now —
Fixed assets: ▼18%; Now £1.3m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £273k), from the Companies House accounts bulk data published Sep 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.