Malcolm Barnecutt Bakery Limited
Registered name: MALCOLM BARNECUTT BAKERY LIMITED
Part of Malcolm Barnecutt Bakery (Holdings) Limited groupMalcolm Barnecutt Bakery Limited made £15.3m revenue and £1.5m profit in the year to 30 Jun 2025.
Malcolm Barnecutt Bakery Limited’s revenue grew 12% to £15.3m in the year to 30 Jun 2025, with £1.5m profit and 228 employees. The company is classified under “manufacture of bread; manufacture of fresh pastry goods and cakes” and is based in Bodmin; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bodmin, South West
- Age
- 16 yrs · since 2010
- 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: “Malcolm Barnecutt Bakery (Holdings) Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £11.8m | £12.6m | £13.6m | £15.3m |
| Cost of sales | £7.3m | £8.1m | £8.9m | £10m |
| Gross profit | £4.5m | £4.6m | £4.8m | £5.3m |
| Operating profit | £2.1m | £1.9m | — | — |
| Profit before tax | £2.1m | £1.9m | £1.9m | £2.1m |
| Profit after tax | £1.6m | £1.5m | £1.5m | £1.5m |
| Profit (best available) | £1.6m | £1.5m | £1.5m | £1.5m |
| Staff costs | £4.8m | £5.2m | £5.8m | £6.6m |
| Employees (average) | 211 | 220 | 222 | 228 |
| Ratios | ||||
| Profit margin | 13.7% | 11.7% | 11.4% | 9.7% |
| Gross margin | 38.2% | 36.1% | 34.9% | 34.4% |
| Revenue per employee | £56.1k | £57.4k | £61.4k | £67.1k |
| Profit per employee | £7.7k | £6.7k | £7k | £6.5k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲6.8% | ▲7.9% | ▲12.2% |
| Profit growth | — | ▼8.2% | ▲4.6% | ▼4.8% |
| Headcount growth | — | ▲4.3% | ▲0.9% | ▲2.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £4.2m | £3.3m | £770k | £965k |
| Net assets | £4.6m | £5.7m | £7m | £8.3m |
| Fixed assets | £2.8m | £2.5m | £2.5m | £3.2m |
| Current assets | £6m | £7.3m | £9m | £9.6m |
| Debtors | £249k | £287k | £321k | £231k |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 9.7%
- Profit ÷ revenue.
- Gross margin
- 34.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £67.1k
- Revenue ÷ average employees.
- Profit per employee
- £6.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 20.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.5%
- 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
- ▲18%
- Now £8.3m
- Cash at bank
- ▲25%
- Now £965k
- Headcount
- ▲3%
- Now 228
- Deferred income
- —
- Now —
- Fixed assets
- ▲29%
- Now £3.2m
Group structure
Ownership chain
- Malcolm Barnecutt Bakery (Holdings) Limitedultimate parent75–100%
- Malcolm Barnecutt Bakery Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- The Chough Bakery (Padstow) LimitedFigures not disclosed
Sister companies (1)
- Malcolm Barnecutt Bakery (Properties) LimitedRev. — · Profit −£293k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £1.5m), from the Companies House accounts bulk data published Mar 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.