South West Larder Limited
Registered name: SOUTH WEST LARDER LIMITED
Part of CD&R and WSH Jvco (UK) Limited groupSouth West Larder Limited made £45.4m revenue and £1.7m profit in the year to 31 Dec 2025.
South West Larder Limited’s revenue grew 20% to £45.4m in the year to 31 Dec 2025, with £1.7m profit and 412 employees. The company is classified under “licensed restaurants” and is based in Reading; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Reading
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 25 Dec 2023 | 25 Dec 2024 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £32.9m | £37.9m | £37.9m | £45.4m |
| Cost of sales | −£30.3m | −£34.9m | −£34.9m | −£41.7m |
| Gross profit | £2.6m | £3m | £3m | £3.7m |
| Operating profit | £1.8m | £2.2m | £2.2m | £2.2m |
| Profit before tax | £1.8m | £2.2m | £2.2m | £2.2m |
| Profit after tax | £1.4m | £1.6m | £1.6m | £1.7m |
| Profit (best available) | £1.4m | £1.6m | £1.6m | £1.7m |
| Employees (average) | 342 | 361 | 361 | 412 |
| Ratios | ||||
| Profit margin | 4.3% | 4.3% | 4.3% | 3.7% |
| Gross margin | 7.9% | 8% | 8% | 8.2% |
| Revenue per employee | £96.2k | £105k | £105k | £110k |
| Profit per employee | £4.2k | £4.6k | £4.6k | £4k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲15.3% | — | ▲19.7% |
| Profit growth | — | ▲16.2% | — | ▲1.1% |
| Headcount growth | — | ▲5.6% | — | ▲14.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | — | — | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2025 | Accounts · bulk data Jul 2026 | Accounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 3.7%
- Profit ÷ revenue.
- Gross margin
- 8.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £110k
- Revenue ÷ average employees.
- Profit per employee
- £4k
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲14%
- Now 412
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- CD&R and WSH Jvco (UK) Limitedultimate parent75–100%
- CD&R and WSH Limited75–100%
- WSH Services Holding Limited75–100%
- Westbury Street Holdings Limited75–100%
- WSH International Investments Limited75–100%
- WSH UK & Ireland Limited75–100%
- South West Larder Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (17)
- Baxterstorey LimitedRev. £682m · Profit £34.2m
- Searcy Tansley and Company LimitedRev. £88.6m · Profit £4.4m
- Bartlett Mitchell LimitedRev. £80.7m · Profit £4.3m
- WSH Retail LimitedRev. £10.4m · Profit −£1.3m
- We Prepare LimitedRev. £4.8m · Profit £763k
- Searcys Events LimitedRev. £3.9m · Profit £296k
- Bartlett Mitchell Services LimitedFigures not disclosed
- Benugo LimitedFigures not disclosed
- Cater Link LimitedFigures not disclosed
- Footprint1 LimitedFigures not disclosed
- Holroyd Howe LimitedFigures not disclosed
- Westbury Street LimitedFigures not disclosed
- WSH and Se LimitedFigures not disclosed
- WSH and Somerset Larder LimitedFigures not disclosed
- WSH Events LimitedFigures not disclosed
- WSH Group LimitedFigures not disclosed
- WSH Hospitality LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £1.7m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Updated from Companies House on 14 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.