How much does North Street Cheese Company Ltd make?

North Street Cheese Company Ltd reported revenue of £299k and £6.5k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does North Street Cheese Company Ltd have?

North Street Cheese Company Ltd reported an average of 7 employees in the year to 31 Mar 2025.

Is North Street Cheese Company Ltd profitable?

Yes — North Street Cheese Company Ltd reported a profit of £6.5k in the year to 31 Mar 2025.

Company No. 13412258 · Incorporated 20 May 2021

North Street Cheese Company Ltd

Registered name: NORTH STREET CHEESE COMPANY LTD

Part of Borough Cheese Company Limited group

North Street Cheese Company Ltd made £299k revenue and £6.5k profit in the year to 31 Mar 2025.

North Street Cheese Company Ltd’s revenue grew 16% to £299k in the year to 31 Mar 2025, with £6.5k profit and 7 employees. The company is classified under “other retail sale of food in specialised stores” and is based in Ivybridge; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47290Other retail sale of food in specialised stores

Status: Active
Location: Ivybridge, South West
Age: 5 yrs · since 2021
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.

Latest accounts · year to 31 Mar 2025

Key figures

Small teamCapital-lightYoung and profitable

Revenue

£299k

Growth ▲16.4%

Profit

£6.5k

Growth —

Profit margin

2.2%

Gross 49.7%

Employees

Change ▲16.7%

Profit / employee

£931

Revenue/employee £42.8k

Profitable streak

1yr

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£0	£168k	£257k	£299k
Cost of sales	£8.8k	£95.4k	£141k	£151k
Gross profit	−£8.8k	£72.4k	£117k	£149k
Operating profit	−£10.2k	−£52.5k	−£12.7k	£6.4k
Profit before tax	−£10.2k	−£52.4k	−£12.6k	£6.5k
Profit after tax	−£10.2k	−£52.4k	−£12.6k	£6.5k
Profit (best available)	−£10.2k	−£52.4k	−£12.6k	£6.5k
Employees (average)	—	5	6	7
Ratios
Profit margin	—	−31.2%	−4.9%	2.2%
Gross margin	—	43.1%	45.3%	49.7%
Revenue per employee	—	£37.3k	£42.9k	£42.8k
Profit per employee	—	−£11.7k	−£2.1k	£931
Growth (year on year)
Revenue growth	—	—	▲53.2%	▲16.4%
Headcount growth	—	—	▲33.3%	▲16.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£27.1k	£14.3k	£18.9k	£12.5k
Net assets	−£10.1k	−£62.5k	−£75.2k	−£68.6k
Fixed assets	£0	£39.6k	£32k	£18k
Current assets	£30.3k	£30.2k	£38.2k	£34k
Debtors	£3.2k	£1.2k	£2k	£462
Source	AbridgedAccounts · bulk data Dec 2023	AbridgedAccounts · bulk data Dec 2023	AbridgedAccounts · bulk data Dec 2024	AbridgedAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 2.2%; Profit ÷ revenue.
Gross margin: 49.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £42.8k; Revenue ÷ average employees.
Profit per employee: £931; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.1%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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 −£68.6k
Cash at bank: ▼34%; Now £12.5k
Headcount: ▲17%; Now 7
Deferred income: —; Now —
Fixed assets: ▼44%; Now £18k

Corporate ownership

Group structure

Ownership chain

Borough Cheese Company Limitedultimate parent75–100%
North Street Cheese Company Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Shepherd's Bush Cheese Company LtdFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from AbridgedAccounts for the year to 31 Mar 2025 (profit £6.5k), 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.