How much does Mathiesons Bakery Limited make?

Mathiesons Bakery Limited reported revenue of £13.4m and a loss of £1.1m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Mathiesons Bakery Limited have?

Mathiesons Bakery Limited reported an average of 144 employees in the year to 31 Dec 2024.

Is Mathiesons Bakery Limited profitable?

No — Mathiesons Bakery Limited reported a loss of £1.1m in the year to 31 Dec 2024.

Company No. SC424054 · Incorporated 15 May 2012

Mathiesons Bakery Limited

Registered name: MATHIESONS BAKERY LIMITED

Mathiesons Bakery Limited made £13.4m revenue and a £1.1m loss in the year to 31 Dec 2024.

Mathiesons Bakery Limited’s revenue grew 2% to £13.4m in the year to 31 Dec 2024, with a loss of £1.1m and 144 employees. The company is classified under “manufacture of bread; manufacture of fresh pastry goods and cakes” and is based in Larbert; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 10710Manufacture of bread; manufacture of fresh pastry goods and cakes

Status: Active
Location: Larbert, Scotland
Age: 14 yrs · since 2012
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentCash flow filed

Revenue

£13.4m

Growth ▲1.8%

Profit

−£1.1m

Growth —

Profit margin

−8.5%

Gross 20.1%

Employees

144

Change ▲3.6%

Profit / employee

−£7.9k

Revenue/employee £93.3k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£13.2m	£13.4m
Cost of sales	£10.5m	£10.7m
Gross profit	£2.7m	£2.7m
Operating profit	−£598k	−£990k
Profit before tax	−£313k	−£1.1m
Profit after tax	−£321k	−£1.1m
Profit (best available)	−£321k	−£1.1m
Staff costs	£3.8m	£4.2m
Employees (average)	139	144
Ratios
Profit margin	−2.4%	−8.5%
Gross margin	20.1%	20.1%
Revenue per employee	£95k	£93.3k
Profit per employee	−£2.3k	−£7.9k
Growth (year on year)
Revenue growth	—	▲1.8%
Headcount growth	—	▲3.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£95.4k	£186k
Net assets	£363k	£126k
Fixed assets	£3.1m	£3m
Current assets	£2.8m	£2.5m
Debtors	£2.3m	£1.9m
Deferred income	£325k	£654k
Cash from operations	£1.3m	£41.5k
Source	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −8.5%; Profit ÷ revenue.
Gross margin: 20.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £93.3k; Revenue ÷ average employees.
Profit per employee: −£7.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 22.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.4%; 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: ▼65%; Now £126k
Cash at bank: ▲95%; Now £186k
Headcount: ▲4%; Now 144
Deferred income: ▲101%; Now £654k
Fixed assets: ▼3%; Now £3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£1.1m), from the Companies House accounts bulk data published Sep 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.