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Company No. 04389472 · Incorporated 7 Mar 2002

Niles Bakery Limited

Registered name: NILES BAKERY LIMITED

Niles Bakery Limited made £5.2m revenue and £365k profit in the year to 5 Apr 2025.

Niles Bakery Limited’s revenue grew 16% to £5.2m in the year to 5 Apr 2025, with £365k profit and 120 employees. The company is classified under “manufacture of bread; manufacture of fresh pastry goods and cakes” and is based in ST Austell; 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
ST Austell, South West
Age
24 yrs · since 2002
Type
Private Limited Company
Latest accounts · year to 5 Apr 2025

Key figures

IndependentCash flow filed
Revenue
£5.2m
Growth ▲16.4%
Profit
£365k
Growth ▼48.8%
Profit margin
7%
Gross 48%
Employees
120
Change ▲5.3%
Profit / employee
£3k
Revenue/employee £43.7k
Profitable streak
4yrs
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 to31 Mar 202231 Mar 202331 Mar 20245 Apr 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£3.6m£3.8m£4.5m£5.2m
Cost of sales£1.7m£2m£2.4m£2.7m
Gross profit£1.9m£1.8m£2.1m£2.5m
Operating profit£1.3m£960k£896k£947k
Profit before tax£1.1m£758k£884k£942k
Profit after tax£859k£600k£713k£365k
Profit (best available)£859k£600k£713k£365k
Staff costs—£1.1m£1.4m£1.8m
Employees (average)8097114120
Ratios
Profit margin23.7%15.8%15.8%7%
Gross margin52.4%47.7%47%48%
Revenue per employee£45.3k£39.2k£39.5k£43.7k
Profit per employee£10.7k£6.2k£6.3k£3k
Cash conversion—115.3%166.3%154.6%
Growth (year on year)
Revenue growth—▲5%▲18.3%▲16.4%
Profit growth—▼30.2%▲18.9%▼48.8%
Headcount growth—▲21.3%▲17.5%▲5.3%
Balance sheet — indirect signals, not revenue
Cash at bank£2.1m£608k£574k£1m
Net assets£4.8m£5.4m£6m£6.2m
Fixed assets£3.4m£5.3m£6.2m£6.1m
Current assets£2.2m£1m£750k£1.2m
Debtors£39k£86.7k£36.8k£42.8k
Deferred income—£13.7k£18.5k£82.6k
Cash from operations—£1.1m£1.5m£1.5m
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
7%
Profit ÷ revenue.
Gross margin
48%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£43.7k
Revenue ÷ average employees.
Profit per employee
£3k
Profit ÷ average employees.
Cash conversion
154.6%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
116.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.6%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.8%
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
▲3%
Now £6.2m
Cash at bank
▲78%
Now £1m
Headcount
▲5%
Now 120
Deferred income
▲346%
Now £82.6k
Fixed assets
▼1%
Now £6.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal 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 £365k), from the Companies House accounts bulk data published Dec 2025. 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.