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Company No. 00455692 · Incorporated 18 Jun 1948

Fine Lady Bakeries Limited

Registered name: FINE LADY BAKERIES LIMITED

Part of Heygate & Sons Limited group

Fine Lady Bakeries Limited made £164m revenue and £117k profit in the year to 29 Mar 2025.

Fine Lady Bakeries Limited’s revenue fell 12% to £164m in the year to 29 Mar 2025, with £117k profit and 739 employees. The company is classified under “manufacture of bread; manufacture of fresh pastry goods and cakes” and is based in Northampton; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 10710Manufacture of bread; manufacture of fresh pastry goods and cakes
Status
Active
Location
Northampton, East Midlands
Age
78 yrs · since 1948
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 29 Mar 2025

Key figures

Revenue
£164m
Growth ▼11.6%
Profit
£117k
Growth ▼89.5%
Profit margin
0.1%
Gross 14.5%
Employees
739
Change ▼3.1%
Profit / employee
£158
Revenue/employee £222k
Profitable streak
3yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to1 Apr 202330 Mar 202429 Mar 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£182m£185m£164m
Cost of sales£157m£160m£140m
Gross profit£25.2m£25.2m£23.8m
Operating profit£4.8m£3m£2.6m
Profit before tax£4.1m£1.6m£822k
Profit after tax£3.7m£1.1m£117k
Profit (best available)£3.7m£1.1m£117k
Employees (average)715763739
Ratios
Profit margin2%0.6%0.1%
Gross margin13.8%13.6%14.5%
Revenue per employee£255k£243k£222k
Profit per employee£5.2k£1.5k£158
Growth (year on year)
Revenue growth—▲1.6%▼11.6%
Profit growth—▼70%▼89.5%
Headcount growth—▲6.7%▼3.1%
Balance sheet — indirect signals, not revenue
Cash at bank£414£546£242
Net assets£14.7m£14.1m£15.2m
Fixed assets£31m£34.7m£43.9m
Current assets£31m£34.2m£30.1m
Debtors£22.3m£21.7m£18.1m
Deferred income£2.6m£2.4m£3.3m
SourceFullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
0.1%
Profit ÷ revenue.
Gross margin
14.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£222k
Revenue ÷ average employees.
Profit per employee
£158
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
26.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
11%
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
▲8%
Now £15.2m
Cash at bank
▼56%
Now £242
Headcount
▼3%
Now 739
Deferred income
▲34%
Now £3.3m
Fixed assets
▲26%
Now £43.9m

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

Corporate ownership

Group structure

Ownership chain

  1. Heygate & Sons Limitedultimate parent75–100%
  2. Fine Lady Bakeries Limitedthis company

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

Subsidiaries (1)

Sister companies (8)

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 FullAccounts for the year to 29 Mar 2025 (profit £117k), 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.