S&PB Retail Limited
Registered name: S&PB RETAIL LIMITED
S&PB Retail Limited made £41.1m revenue and a £677k loss in the year to 1 Jun 2024. read from filing text
S&PB Retail Limited’s revenue fell 4% to £41.1m in the year to 1 Jun 2024, with a loss of £677k and 969 employees. The company is classified under “retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores” and is based in Leeds; we hold 4 years of its filed accounts.
- Status
- In Administration
- Location
- Leeds, Yorkshire and The Humber
- Age
- 6 yrs · since 2020
- 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 May 2021 | 28 May 2022 | 27 May 2023 | 1 Jun 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £26.1m | £36.4m | £43m | £41.1m |
| Cost of sales | £9.9m | £15.1m | £16.9m | £15.8m |
| Gross profit | £16.1m | £21.3m | £26.1m | £25.3m |
| Operating profit | −£161k | −£509k | £463k | −£647k |
| Profit before tax | −£427k | −£520k | £463k | −£677k |
| Profit after tax | −£421k | −£526k | £463k | −£677k |
| Profit (best available) | −£421k | −£526k | £463k | −£677k |
| Staff costs | — | — | £15.5m | £16.7m |
| Employees (average) | 994 | 947 | 972 | 969 |
| Ratios | ||||
| Profit margin | −1.6% | −1.5% | 1.1% | −1.7% |
| Gross margin | 61.9% | 58.6% | 60.8% | 61.5% |
| Revenue per employee | £26.2k | £38.4k | £44.2k | £42.4k |
| Profit per employee | −£423 | −£556 | £477 | −£699 |
| Cash conversion | — | — | −72.5% | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲18.2% | ▼4.3% |
| Profit growth | — | — | — | ▼246.1% |
| Headcount growth | — | — | ▲2.6% | ▼0.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.1m | £275k | £266k | £301k |
| Net assets | −£421k | −£947k | −£484k | −£1.2m |
| Fixed assets | £405k | £412k | £658k | £593k |
| Current assets | £2.7m | £2.5m | £10.6m | £17.7m |
| Debtors | £64.6k | £460k | £154k | £132k |
| Deferred income | £1.3m | £1.7m | £1.1m | £1.1m |
| Cash from operations | −£1.9m | £514k | −£336k | £412k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- −1.7%
- Profit ÷ revenue.
- Gross margin
- 61.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £42.4k
- Revenue ÷ average employees.
- Profit per employee
- −£699
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.3%
- 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 −£1.2m
- Cash at bank
- ▲13%
- Now £301k
- Headcount
- ▼0%
- Now 969
- Deferred income
- ▼4%
- Now £1.1m
- Fixed assets
- ▼10%
- Now £593k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Jeroboams Shops LimitedRetail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
- Revenue
- £23.7m
- Profit
- £132k
- Staff
- 55
- Terry’s Chocolate Co. LimitedLondon · Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
- Revenue
- £84.6m
- Profit
- £7.7m
- Staff
- 13
- Carebrook LimitedLondon · Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
- Revenue
- £19.3m
- Profit
- £615k
- Staff
- 370
Sources
Latest figures from FullAccounts for the year to 1 Jun 2024 (profit −£677k), from the Companies House accounts bulk data published May 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.