How much does Canefield Ltd make?

Canefield Ltd reported revenue of £23.7m and £554k profit in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Canefield Ltd have?

Canefield Ltd reported an average of 424 employees in the year to 31 Dec 2022.

Is Canefield Ltd profitable?

Yes — Canefield Ltd reported a profit of £554k in the year to 31 Dec 2022.

Company No. 04448780 · Incorporated 28 May 2002

Canefield Ltd

Registered name: CANEFIELD LTD

Canefield Ltd made £23.7m revenue and £554k profit in the year to 31 Dec 2022.

Canefield Ltd’s revenue fell 5% to £23.7m in the year to 31 Dec 2022, with £554k profit and 424 employees. The company is classified under “unlicensed restaurants and cafes” and is based in Worcester; we hold 2 years of its filed accounts.

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

Status: Liquidation
Location: Worcester, West Midlands
Age: 24 yrs · since 2002
Type: Private Limited Company

Latest accounts · year to 31 Dec 2022

Key figures

IndependentCapital-lightCash flow filed

Revenue

£23.7m

Growth ▼4.9%

Profit

£554k

Growth ▼77.4%

Profit margin

2.3%

Gross 65%

Employees

424

Change ▼12.2%

Profit / employee

£1.3k

Revenue/employee £55.8k

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	31 Dec 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£24.9m	£23.7m
Cost of sales	£7.5m	£8.3m
Gross profit	£17.4m	£15.4m
Operating profit	£3.2m	£700k
Profit before tax	£3.2m	£706k
Profit after tax	£2.4m	£554k
Profit (best available)	£2.4m	£554k
Staff costs	£5.4m	£6.3m
Employees (average)	483	424
Ratios
Profit margin	9.8%	2.3%
Gross margin	69.8%	65%
Revenue per employee	£51.5k	£55.8k
Profit per employee	£5.1k	£1.3k
Cash conversion	−101.3%	−127.9%
Growth (year on year)
Revenue growth	—	▼4.9%
Profit growth	—	▼77.4%
Headcount growth	—	▼12.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.4m	£4.5m
Net assets	£4.9m	£5.3m
Fixed assets	£3.3m	£1.9m
Current assets	£4.7m	£6.2m
Debtors	£1.1m	£1.6m
Cash from operations	−£3.3m	−£896k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 2.3%; Profit ÷ revenue.
Gross margin: 65%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £55.8k; Revenue ÷ average employees.
Profit per employee: £1.3k; Profit ÷ average employees.
Cash conversion: −127.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.8%; 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: ▲8%; Now £5.3m
Cash at bank: ▲30%; Now £4.5m
Headcount: ▼12%; Now 424
Deferred income: —; Now —
Fixed assets: ▼44%; Now £1.9m

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2022 (profit £554k), from the Companies House accounts bulk data published Dec 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.