Handmade Speciality Products Limited
Registered name: HANDMADE SPECIALITY PRODUCTS LIMITED
Part of May & Raeburn Limited groupHandmade Speciality Products Limited made £928k profit in the year to 31 Mar 2025 (revenue not disclosed).
Handmade Speciality Products Limited reported £928k profit in the year to 31 Mar 2025, up 47% on the year before; its revenue was not disclosed. It had 131 employees. The company is classified under “manufacture of bread; manufacture of fresh pastry goods and cakes” and is based in Ingatestone; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Ingatestone, East of England
- Age
- 17 yrs · since 2009
- 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: “The company is a subsidiary of May & Raeburn Limited, a company incorporated in England & Wales.”
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Profit only | Profit only |
| Profit & loss | ||||
| Revenue (turnover) | — | — | — | — |
| Profit after tax | −£9.6k | £71.9k | £630k | £928k |
| Profit (best available) | −£9.6k | £71.9k | £630k | £928k |
| Employees (average) | 120 | 119 | 131 | 131 |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Profit per employee | −£80 | £605 | £4.8k | £7.1k |
| Growth (year on year) | ||||
| Profit growth | — | — | ▲775.6% | ▲47.4% |
| Headcount growth | — | ▼0.8% | ▲10.1% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £93.5k | £298k | £917k | £945k |
| Net assets | £805k | £859k | £1.5m | £2.4m |
| Fixed assets | £717k | £628k | £795k | £1.2m |
| Current assets | £2.5m | £2.9m | £3.9m | £4.1m |
| Debtors | £1.2m | £1.4m | £1.6m | £1.9m |
| Cash from operations | −£285k | −£396k | −£1m | −£674k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- £7.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▲62%
- Now £2.4m
- Cash at bank
- ▲3%
- Now £945k
- Headcount
- 0%
- Now 131
- Deferred income
- —
- Now —
- Fixed assets
- ▲49%
- Now £1.2m
Group structure
Ownership chain
- May & Raeburn Limitedultimate parent75–100%
- Handmade Speciality Products Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Jega Homes (110 High ST.) LtdFigures not disclosed
- Jega Homes LtdFigures not disclosed
- May & Raeburn (Petfood) LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £928k), from the Companies House accounts bulk data published Nov 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.