How much does Lakes Corporate Holdings Limited make?

Lakes Corporate Holdings Limited reported revenue of £13.5m and a loss of £1.8m in the year to 30 Nov 2024, according to its accounts filed at Companies House.

How many employees does Lakes Corporate Holdings Limited have?

Lakes Corporate Holdings Limited reported an average of 130 employees in the year to 30 Nov 2024.

Is Lakes Corporate Holdings Limited profitable?

No — Lakes Corporate Holdings Limited reported a loss of £1.8m in the year to 30 Nov 2024.

Company No. 15088638 · Incorporated 22 Aug 2023

Lakes Corporate Holdings Limited

Registered name: LAKES CORPORATE HOLDINGS LIMITED

Lakes Corporate Holdings Limited made £13.5m revenue and a £1.8m loss in the year to 30 Nov 2024.

Lakes Corporate Holdings Limited’s revenue was £13.5m in the year to 30 Nov 2024, with a loss of £1.8m and 130 employees. The company is classified under “wholesale of household goods (other than musical instruments)” and is based in Tewkesbury.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46499Wholesale of household goods (other than musical instruments) n.e.c.

Status: Active
Location: Tewkesbury, South West
Age: 3 yrs · since 2023
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.

Latest accounts · year to 30 Nov 2024

Key figures

IndependentCapital-lightCash flow filed

Revenue

£13.5m

Growth —

Profit

−£1.8m

Growth —

Profit margin

−13.5%

Gross 39.5%

Employees

130

Change —

Profit / employee

−£14.1k

Revenue/employee £104k

Profitable streak

0yrs

Consecutive profitable years in our data

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

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	30 Nov 2024
Disclosure	Full P&L
Profit & loss
Revenue (turnover)	£13.5m
Cost of sales	£8.2m
Gross profit	£5.3m
Operating profit	−£1.3m
Profit before tax	−£2.1m
Profit after tax	−£1.8m
Profit (best available)	−£1.8m
Staff costs	£3.7m
Employees (average)	130
Ratios
Profit margin	−13.5%
Gross margin	39.5%
Revenue per employee	£104k
Profit per employee	−£14.1k
Balance sheet — indirect signals, not revenue
Cash at bank	£816k
Net assets	−£1.8m
Fixed assets	£169k
Current assets	£8m
Debtors	£2.5m
Cash from operations	£379k
Source	FullAccounts · bulk data Aug 2025

Derived from the latest filing

How the business works

Profit margin: −13.5%; Profit ÷ revenue.
Gross margin: 39.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £104k; Revenue ÷ average employees.
Profit per employee: −£14.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.8%; 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 −£1.8m
Cash at bank: —; Now £816k
Headcount: —; Now 130
Deferred income: —; Now —
Fixed assets: —; Now £169k

Corporate ownership

Group structure

Subsidiaries (1)

Lakes Bathrooms LimitedIn AdministrationRev. £18.7m · Profit −£1.1m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Nov 2024 (profit −£1.8m), from the Companies House accounts bulk data published Aug 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.