How much does Sweet Squared Limited make?

Sweet Squared Limited reported revenue of £15.5m and £225k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Sweet Squared Limited have?

Sweet Squared Limited reported an average of 0 employees in the year to 31 Mar 2025.

Is Sweet Squared Limited profitable?

Yes — Sweet Squared Limited reported a profit of £225k in the year to 31 Mar 2025.

Company No. 05900639 · Incorporated 9 Aug 2006

Sweet Squared Limited

Registered name: SWEET SQUARED LIMITED

Sweet Squared Limited made £15.5m revenue and £225k profit in the year to 31 Mar 2025. read from filing text

Sweet Squared Limited’s revenue fell 3% to £15.5m in the year to 31 Mar 2025, with £225k profit and 0 employees. The company is classified under “wholesale of perfume and cosmetics” and is based in Leeds; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46450Wholesale of perfume and cosmetics SIC 85590Other education n.e.c.

Status: Active
Location: Leeds, Yorkshire and The Humber
Age: 20 yrs · since 2006
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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: “The Company is controlled by S W Sweet and S J Sweet.”

Latest accounts · year to 31 Mar 2025

Key figures

Small team

Revenue

£15.5m

Growth ▼3.5%

Profit

£225k

Growth —

Profit margin

1.5%

Gross 52.8%

Employees

Change —

Profit / employee

—

Profitable streak

1yr

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£17m	£16.3m	£16m	£15.5m
Cost of sales	£7.9m	£8.4m	£7.6m	£7.3m
Gross profit	£9.1m	£8m	£8.4m	£8.2m
Operating profit	£2.4m	£661k	£825k	£573k
Profit before tax	£2.5m	£969k	−£348k	£525k
Profit after tax	£1.9m	£788k	−£308k	£225k
Profit (best available)	£1.9m	£788k	−£308k	£225k
Employees (average)	0	0	0	0
Ratios
Profit margin	10.9%	4.8%	−1.9%	1.5%
Gross margin	53.6%	48.9%	52.4%	52.8%
Growth (year on year)
Revenue growth	—	▼3.7%	▼2%	▼3.5%
Profit growth	—	▼57.4%	▼139%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£1.5m	£1.2m	£586k	£416k
Net assets	£8.7m	£9.3m	£9.1m	£9.1m
Fixed assets	£6m	£6.1m	£5.6m	£4.9m
Current assets	£8.2m	£7.2m	£7m	£7.1m
Debtors	£819k	£980k	£1.2m	£872k
Deferred income	£168k	£186k	£173k	£112k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 1.5%; Profit ÷ revenue.
Gross margin: 52.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 31.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.6%; 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: ▲0%; Now £9.1m
Cash at bank: ▼29%; Now £416k
Headcount: —; Now 0
Deferred income: ▼36%; Now £112k
Fixed assets: ▼12%; Now £4.9m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Subsidiaries (2)

&Me LimitedFigures not disclosed
The Icon Consultancy LtdFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £225k), 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.