The Leatherbarrow Corporation Ltd
Registered name: THE LEATHERBARROW CORPORATION LTD
The Leatherbarrow Corporation Ltd made £979k revenue and £483k profit in the year to 31 Aug 2025.
The Leatherbarrow Corporation Ltd’s revenue grew 77% to £979k in the year to 31 Aug 2025, with £483k profit and 50 employees. The company is classified under “manufacture of bread; manufacture of fresh pastry goods and cakes” and is based in Cardiff; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Cardiff, Wales
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £39.8k | £62.6k | £553k | £979k |
| Cost of sales | — | — | £311k | £0 |
| Gross profit | — | — | £242k | £979k |
| Operating profit | — | — | £80k | £645k |
| Profit before tax | — | — | £80k | £645k |
| Profit after tax | £8.5k | £10.4k | £80k | £483k |
| Profit (best available) | £8.5k | £10.4k | £80k | £483k |
| Staff costs | £3.2k | £8.5k | — | — |
| Employees (average) | — | 2 | 10 | 50 |
| Ratios | ||||
| Profit margin | 21.4% | 16.7% | 14.4% | 49.4% |
| Gross margin | — | — | 43.7% | 100% |
| Revenue per employee | — | £31.3k | £55.3k | £19.6k |
| Profit per employee | — | £5.2k | £8k | £9.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲57.5% | ▲783.4% | ▲76.9% |
| Profit growth | — | ▲22.7% | ▲666.5% | ▲504.5% |
| Headcount growth | — | — | ▲400% | ▲400% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | — | £25.4k | £304k |
| Net assets | −£4.1k | £8.8k | £117k | £754k |
| Fixed assets | £972 | £2.9k | £41.7k | £80k |
| Current assets | £2.8k | £2.8k | £53.8k | £304k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 49.4%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £19.6k
- Revenue ÷ average employees.
- Profit per employee
- £9.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 8.2%
- 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
- ▲544%
- Now £754k
- Cash at bank
- ▲1101%
- Now £304k
- Headcount
- ▲400%
- Now 50
- Deferred income
- —
- Now —
- Fixed assets
- ▲92%
- Now £80k
Similar profitable businesses
- Star Bakers LimitedWest Drayton · Manufacture of bread; manufacture of fresh pastry goods and cakes
- Revenue
- £919k
- Profit
- £59.2k
- Staff
- 24
- Thura Bread Bakeries LimitedColeford · Manufacture of bread; manufacture of fresh pastry goods and cakes
- Revenue
- £1.1m
- Profit
- £13.5k
- Staff
- 29
- KSG Catering UK LimitedManufacture of bread; manufacture of fresh pastry goods and cakes
- Revenue
- £1.1m
- Profit
- £26k
- Staff
- 9
- Williams & Johnson Coffee Co. LtdEdinburgh · Manufacture of bread; manufacture of fresh pastry goods and cakes
- Revenue
- £593k
- Profit
- £90.3k
- Staff
- 13
- The Old Quay Bakehouse LimitedMallaig · Manufacture of bread; manufacture of fresh pastry goods and cakes
- Revenue
- £395k
- Profit
- £37k
- Staff
- 8
Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £483k), from the Companies House accounts bulk data published Jan 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.