How much does Staples Brothers Limited make?

Staples Brothers Limited reported revenue of £77.6m and £17m profit in the year to 5 Apr 2025, according to its accounts filed at Companies House.

How many employees does Staples Brothers Limited have?

Staples Brothers Limited reported an average of 2 employees in the year to 5 Apr 2025.

Is Staples Brothers Limited profitable?

Yes — Staples Brothers Limited reported a profit of £17m in the year to 5 Apr 2025.

Company No. 00568996 · Incorporated 16 Jul 1956

Staples Brothers Limited

Registered name: STAPLES BROTHERS LIMITED

Part of Vectis Midco 2 Limited group

Staples Brothers Limited made £77.6m revenue and £17m profit in the year to 5 Apr 2025.

Staples Brothers Limited’s revenue grew 29% to £77.6m in the year to 5 Apr 2025, with £17m profit and 2 employees. The company is classified under “growing of vegetables and melons, roots and tubers” and is based in Near Boston; we hold 4 years of its filed accounts.

Full P&L filedSection A · Agriculture, forestry and fishingSIC 01130Growing of vegetables and melons, roots and tubers

Status: Active
Location: Near Boston, East of England
Age: 70 yrs · since 1956
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.

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 5 Apr 2025

Key figures

Small teamOperating leverageCash flow filed

Revenue

£77.6m

Growth ▲29.2%

Profit

£17m

Growth ▲50.7%

Profit margin

21.9%

Gross 41.5%

Employees

Change 0%

Profit / employee

£8.5m

Revenue/employee £38.8m

Profitable streak

4yrs

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	5 Apr 2022	5 Apr 2023	5 Apr 2024	5 Apr 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£39.6m	£45.9m	£60m	£77.6m
Cost of sales	£31.7m	£37.8m	£38.5m	£45.4m
Gross profit	£7.9m	£8.1m	£21.5m	£32.2m
Operating profit	£5.5m	£2.7m	£15.3m	£23.5m
Profit before tax	£5.5m	£2.7m	£15.3m	£23.2m
Profit after tax	£4.5m	£2.1m	£11.3m	£17m
Profit (best available)	£4.5m	£2.1m	£11.3m	£17m
Employees (average)	2	2	2	2
Ratios
Profit margin	11.4%	4.5%	18.8%	21.9%
Gross margin	19.9%	17.7%	35.8%	41.5%
Revenue per employee	£19.8m	£23m	£30m	£38.8m
Profit per employee	£2.3m	£1m	£5.6m	£8.5m
Cash conversion	−111.4%	−31.6%	−117.5%	−76.2%
Growth (year on year)
Revenue growth	—	▲16%	▲30.7%	▲29.2%
Profit growth	—	▼53.7%	▲441.1%	▲50.7%
Headcount growth	—	0%	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£641k	£51.7k	£92.5k	£29.2k
Net assets	£39.2m	£40m	£42.8m	£50.2m
Fixed assets	£36.4m	£37m	£41.1m	£53.7m
Current assets	£14.1m	£20.2m	£20.8m	£34.1m
Debtors	£2.5m	£8.2m	£7.4m	£14.6m
Deferred income	£1m	£1.2m	£633k	£428k
Cash from operations	−£6.1m	−£852k	−£18m	−£17.9m
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 21.9%; Profit ÷ revenue.
Gross margin: 41.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £38.8m; Revenue ÷ average employees.
Profit per employee: £8.5m; Profit ÷ average employees.
Cash conversion: −76.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 69.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.5%; 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: ▲17%; Now £50.2m
Cash at bank: ▼68%; Now £29.2k
Headcount: 0%; Now 2
Deferred income: ▼32%; Now £428k
Fixed assets: ▲31%; Now £53.7m

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

Vectis Midco 2 Limitedultimate parent75–100%
Vectis Midco 3 Limited75–100%
Vectis Bidco Limited75–100%
Staples Brothers Limitedthis company

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

Sister companies (1)

Staples (Vegetables) LimitedRev. £170m · Profit £4.9m

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 5 Apr 2025 (profit £17m), 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.