Lloyd Baker Leather Ltd
Registered name: LLOYD BAKER LEATHER LTD
Part of Lloyd Baker Group Limited groupLloyd Baker Leather Ltd made £11.4m revenue and £400k profit in the year to 31 Mar 2025.
Lloyd Baker Leather Ltd’s revenue was £11.4m in the year to 31 Mar 2025, with £400k profit and 74 employees. The company is classified under “agents involved in the sale of textiles, clothing, fur, footwear and leather goods” and is based in Hatfield; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Hatfield, East of England
- Age
- 15 yrs · since 2011
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £11.3m | £11.4m |
| Cost of sales | £7.4m | £7.4m |
| Gross profit | £4m | £3.9m |
| Operating profit | £1.1m | £696k |
| Profit before tax | £993k | £555k |
| Profit after tax | £725k | £400k |
| Profit (best available) | £725k | £400k |
| Staff costs | £1.4m | £1.5m |
| Employees (average) | 60 | 74 |
| Ratios | ||
| Profit margin | 6.4% | 3.5% |
| Gross margin | 34.9% | 34.8% |
| Revenue per employee | £189k | £154k |
| Profit per employee | £12.1k | £5.4k |
| Cash conversion | 29.3% | −79.8% |
| Growth (year on year) | ||
| Revenue growth | — | ▲0.2% |
| Profit growth | — | ▼44.8% |
| Headcount growth | — | ▲23.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £126k | £189k |
| Net assets | £5.7m | £6.1m |
| Fixed assets | £349k | £415k |
| Current assets | £7.9m | £9.1m |
| Debtors | £1.2m | £979k |
| Cash from operations | £320k | −£555k |
| Source | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 3.5%
- Profit ÷ revenue.
- Gross margin
- 34.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £154k
- Revenue ÷ average employees.
- Profit per employee
- £5.4k
- Profit ÷ average employees.
- Cash conversion
- −79.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.6%
- 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
- ▲7%
- Now £6.1m
- Cash at bank
- ▲49%
- Now £189k
- Headcount
- ▲23%
- Now 74
- Deferred income
- —
- Now —
- Fixed assets
- ▲19%
- Now £415k
Group structure
Ownership chain
- Lloyd Baker Group Limitedultimate parent75–100%
- Lloyd Baker Leather Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Leathergrace LimitedFigures not disclosed
- Lloyd Baker Stevenage 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 £400k), 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.