Malcolm Barnecutt Bakery (Holdings) Limited
Registered name: MALCOLM BARNECUTT BAKERY (HOLDINGS) LIMITED
Malcolm Barnecutt Bakery (Holdings) Limited made £15.3m revenue and £240k profit in the year to 30 Jun 2025.
Malcolm Barnecutt Bakery (Holdings) Limited’s revenue grew 12% to £15.3m in the year to 30 Jun 2025, with £240k 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
- 14 yrs · since 2012
- 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.
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 | — | £2m | £3m | £1.7m |
| Profit before tax | — | £2m | £3.1m | £1.7m |
| Profit after tax | £309k | £370k | £246k | £240k |
| Profit (best available) | £309k | £370k | £246k | £240k |
| Staff costs | £4.8m | £5.2m | £5.8m | £6.6m |
| Employees (average) | 211 | 220 | 222 | 228 |
| Ratios | ||||
| Profit margin | 2.6% | 2.9% | 1.8% | 1.6% |
| Gross margin | 38.2% | 36.1% | 34.9% | 34.4% |
| Revenue per employee | £56.1k | £57.4k | £61.4k | £67.1k |
| Profit per employee | £1.5k | £1.7k | £1.1k | £1.1k |
| Cash conversion | — | 87.1% | 71% | 163.5% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲6.8% | ▲7.9% | ▲12.2% |
| Profit growth | — | ▲19.6% | ▼33.5% | ▼2.4% |
| 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 | £3.1m | £3.1m | £3.1m | £3.1m |
| Fixed assets | £5.6m | £6.6m | £11.1m | £12m |
| Current assets | £5.2m | £4.5m | £2.9m | £2.7m |
| Debtors | £249k | £287k | £321k | £231k |
| Cash from operations | — | £1.7m | £2.2m | £2.7m |
| 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
- 1.6%
- 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
- £1.1k
- Profit ÷ average employees.
- Cash conversion
- 163.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 78.7%
- 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
- 0%
- Now £3.1m
- Cash at bank
- ▲25%
- Now £965k
- Headcount
- ▲3%
- Now 228
- Deferred income
- —
- Now —
- Fixed assets
- ▲8%
- Now £12m
Group structure
Subsidiaries (2)
- Malcolm Barnecutt Bakery LimitedRev. £15.3m · Profit £1.5m
- Malcolm Barnecutt Bakery (Properties) LimitedRev. — · Profit −£293k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Dina Foods LimitedLondon · Manufacture of bread; manufacture of fresh pastry goods and cakes
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- Parsons Bakery LimitedSouth Liberty Lane · Manufacture of bread; manufacture of fresh pastry goods and cakes
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £240k), from the Companies House accounts bulk data published Mar 2026. 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.