How much does Wheelbase Lakeland Limited make?

Wheelbase Lakeland Limited reported revenue of £8.5m and a loss of £407k in the year to 31 Jan 2025, according to its accounts filed at Companies House.

How many employees does Wheelbase Lakeland Limited have?

Wheelbase Lakeland Limited reported an average of 50 employees in the year to 31 Jan 2025.

Is Wheelbase Lakeland Limited profitable?

No — Wheelbase Lakeland Limited reported a loss of £407k in the year to 31 Jan 2025.

Company No. 05560143 · Incorporated 12 Sep 2005

Wheelbase Lakeland Limited

Registered name: WHEELBASE LAKELAND LIMITED

Wheelbase Lakeland Limited made £8.5m revenue and a £407k loss in the year to 31 Jan 2025. read from filing text

Wheelbase Lakeland Limited’s revenue fell 5% to £8.5m in the year to 31 Jan 2025, with a loss of £407k and 50 employees. The company is classified under “retail sale of sports goods, fishing gear, camping goods, boats and bicycles” and is based in NR Kendal; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47640Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Status: Active
Location: NR Kendal, North West
Age: 21 yrs · since 2005
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. From the filing: “At the year end, the ultimate parent undertaking is Pentland Group Holdings Limited (a company registered in Jersey). R S Rubin and his close family are considered the ultimate controlling party by vi”

Latest accounts · year to 31 Jan 2025

Key figures

Capital-light

Revenue

£8.5m

Growth ▼4.5%

Profit

−£407k

Growth —

Profit margin

−4.8%

Gross 27.2%

Employees

Change ▼24.2%

Profit / employee

−£8.1k

Revenue/employee £170k

Profitable streak

0yrs

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 Jan 2024	31 Jan 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£8.9m	£8.5m
Cost of sales	£6.7m	£6.2m
Gross profit	£2.2m	£2.3m
Operating profit	−£660k	−£484k
Profit before tax	−£652k	−£463k
Profit after tax	−£484k	−£407k
Profit (best available)	−£484k	−£407k
Staff costs	£1.6m	£1.4m
Employees (average)	66	50
Ratios
Profit margin	−5.4%	−4.8%
Gross margin	24.2%	27.2%
Revenue per employee	£135k	£170k
Profit per employee	−£7.3k	−£8.1k
Growth (year on year)
Revenue growth	—	▼4.5%
Headcount growth	—	▼24.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.5m	£1.1m
Net assets	£3.2m	£2.8m
Fixed assets	£79k	£68k
Current assets	£4.8m	£3.8m
Debtors	£561k	£202k
Deferred income	£132k	£155k
Source	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Aug 2025

Derived from the latest filing

How the business works

Profit margin: −4.8%; Profit ÷ revenue.
Gross margin: 27.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £170k; Revenue ÷ average employees.
Profit per employee: −£8.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.4%; 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: ▼13%; Now £2.8m
Cash at bank: ▼24%; Now £1.1m
Headcount: ▼24%; Now 50
Deferred income: ▲17%; Now £155k
Fixed assets: ▼14%; Now £68k

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 31 Jan 2025 (profit −£407k), from the Companies House accounts bulk data published Aug 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.