Cakesmiths Group Limited
Registered name: CAKESMITHS GROUP LIMITED
Part of Topsmiths Limited groupCakesmiths Group Limited made £38.4m revenue and £6.5m profit in the year to 31 Dec 2025.
Cakesmiths Group Limited’s revenue grew 30% to £38.4m in the year to 31 Dec 2025, with £6.5m profit and 196 employees. The company is classified under “manufacture of bread; manufacture of fresh pastry goods and cakes” and is based in Bristol; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bristol, South 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: “Topsmiths Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 29 Jan 2023 | 28 Jan 2024 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £16.2m | £22.9m | £29.6m | £38.4m |
| Cost of sales | £10m | £13.5m | £17.8m | £22.8m |
| Gross profit | £6.2m | £9.3m | £11.8m | £15.5m |
| Profit before tax | £2.5m | £4.3m | £5.9m | £8.4m |
| Profit after tax | £2.5m | £3.8m | £4.8m | £6.5m |
| Profit (best available) | £2.5m | £3.8m | £4.8m | £6.5m |
| Staff costs | £3.9m | £5m | £6m | £7.1m |
| Employees (average) | 166 | 161 | 186 | 196 |
| Ratios | ||||
| Profit margin | 15.7% | 16.4% | 16.4% | 16.8% |
| Gross margin | 38.2% | 40.8% | 39.9% | 40.5% |
| Revenue per employee | £97.5k | £142k | £159k | £196k |
| Profit per employee | £15.3k | £23.3k | £26k | £33k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲41.1% | ▲29.4% | ▲29.8% |
| Profit growth | — | ▲48.1% | ▲28.6% | ▲33.6% |
| Headcount growth | — | ▼3% | ▲15.5% | ▲5.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.1m | £3.9m | £4m | £2.5m |
| Net assets | £4.4m | £8.2m | £13m | £19.5m |
| Fixed assets | £1.7m | £2.3m | £2.9m | £2.8m |
| Current assets | £4.7m | £8.9m | £14.5m | £21.7m |
| Debtors | £827k | £1.3m | £1.8m | £2.2m |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 16.8%
- Profit ÷ revenue.
- Gross margin
- 40.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £196k
- Revenue ÷ average employees.
- Profit per employee
- £33k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.8%
- Money owed by customers. Low = customers pay quickly.
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
- ▲50%
- Now £19.5m
- Cash at bank
- ▼38%
- Now £2.5m
- Headcount
- ▲5%
- Now 196
- Deferred income
- —
- Now —
- Fixed assets
- ▼1%
- Now £2.8m
Group structure
Ownership chain
- Topsmiths Limitedultimate parent75–100%
- Cakesmiths Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- G.H. Sheldon Wholesale Bakers LimitedManchester · Manufacture of bread; manufacture of fresh pastry goods and cakes
- Revenue
- £37m
- Profit
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- Staff
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- Scotts Bakery LimitedCo. Tyrone · Manufacture of bread; manufacture of fresh pastry goods and cakes
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- Cherrytree Bakery LimitedBurnley · Manufacture of bread; manufacture of fresh pastry goods and cakes
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- £36.6m
- Profit
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- Caffe Concerto LimitedLondon · Manufacture of bread; manufacture of fresh pastry goods and cakes
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- £41.9m
- Profit
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- Edgmond Foods LimitedTelford · Manufacture of bread; manufacture of fresh pastry goods and cakes
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- £32.1m
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- Chasseron LimitedExeter · Manufacture of bread; manufacture of fresh pastry goods and cakes
- Revenue
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- Profit
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £6.5m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.