How much does G.H. Sheldon Wholesale Bakers Limited make?

G.H. Sheldon Wholesale Bakers Limited reported revenue of £37m and £1.3m profit in the year to 28 Feb 2025, according to its accounts filed at Companies House.

How many employees does G.H. Sheldon Wholesale Bakers Limited have?

G.H. Sheldon Wholesale Bakers Limited reported an average of 408 employees in the year to 28 Feb 2025.

Is G.H. Sheldon Wholesale Bakers Limited profitable?

Yes — G.H. Sheldon Wholesale Bakers Limited reported a profit of £1.3m in the year to 28 Feb 2025.

Company No. 01436865 · Incorporated 12 Jul 1979

G.H. Sheldon Wholesale Bakers Limited

Registered name: G.H. SHELDON WHOLESALE BAKERS LIMITED

G.H. Sheldon Wholesale Bakers Limited made £37m revenue and £1.3m profit in the year to 28 Feb 2025.

G.H. Sheldon Wholesale Bakers Limited’s revenue fell 5% to £37m in the year to 28 Feb 2025, with £1.3m profit and 408 employees. The company is classified under “manufacture of bread; manufacture of fresh pastry goods and cakes” and is based in Manchester; we hold 4 years of its filed accounts.

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

Status: Active
Location: Manchester, North West
Age: 47 yrs · since 1979
Type: Private Limited Company

Latest accounts · year to 28 Feb 2025

Key figures

IndependentCapital-lightCash flow filed

Revenue

£37m

Growth ▼5.2%

Profit

£1.3m

Growth ▲1.1%

Profit margin

3.5%

Gross 14.1%

Employees

408

Change ▼4.9%

Profit / employee

£3.2k

Revenue/employee £90.8k

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	28 Feb 2022	28 Feb 2023	29 Feb 2024	28 Feb 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£30.5m	£35.1m	£39.1m	£37m
Cost of sales	£26.5m	£32.1m	£34.3m	£31.8m
Gross profit	£4m	£2.9m	£4.8m	£5.2m
Profit before tax	£1.8m	£728k	£1.7m	£1.7m
Profit after tax	£1.3m	£618k	£1.3m	£1.3m
Profit (best available)	£1.3m	£618k	£1.3m	£1.3m
Staff costs	£11.6m	£13.5m	£14.5m	£15.3m
Employees (average)	436	447	429	408
Ratios
Profit margin	4.4%	1.8%	3.3%	3.5%
Gross margin	13.2%	8.4%	12.2%	14.1%
Revenue per employee	£70k	£78.5k	£91.1k	£90.8k
Profit per employee	£3.1k	£1.4k	£3k	£3.2k
Growth (year on year)
Revenue growth	—	▲15%	▲11.3%	▼5.2%
Profit growth	—	▼54%	▲107.1%	▲1.1%
Headcount growth	—	▲2.5%	▼4%	▼4.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.9m	£2.3m	£2.8m	£3.7m
Net assets	£5.8m	£6.3m	£7.5m	£8.8m
Fixed assets	£5.1m	£4.4m	£3.7m	£3.7m
Current assets	£6.5m	£8.3m	£8.9m	£9.1m
Debtors	£3.5m	£4.4m	£4.6m	£3.9m
Cash from operations	£2.6m	£1.6m	£1.4m	£2.7m
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Nov 2025	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 3.5%; Profit ÷ revenue.
Gross margin: 14.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £90.8k; Revenue ÷ average employees.
Profit per employee: £3.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.7%; 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 £8.8m
Cash at bank: ▲35%; Now £3.7m
Headcount: ▼5%; Now 408
Deferred income: —; Now —
Fixed assets: ▼1%; Now £3.7m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £1.3m), from the Companies House accounts bulk data published Nov 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.