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Company No. 01603760 · Incorporated 11 Dec 1981

Cherry Lane Retail Centres Limited

Registered name: CHERRY LANE RETAIL CENTRES LIMITED

Part of QD Commercial Group Holdings Limited group

Cherry Lane Retail Centres Limited made £64.8m revenue and £338k profit in the year to 28 Feb 2025.

Cherry Lane Retail Centres Limited’s revenue was £64.8m in the year to 28 Feb 2025, with £338k profit and 855 employees. The company is classified under “other retail sale in non-specialised stores” and is based in Nottingham; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47190Other retail sale in non-specialised stores
Status
Active
Location
Nottingham, East Midlands
Age
44 yrs · since 1981
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 28 Feb 2025

Key figures

Capital-lightDoing more with less
Revenue
£64.8m
Growth ▲0.3%
Profit
£338k
Growth ▼69%
Profit margin
0.5%
Gross 42.8%
Employees
855
Change ▼6.9%
Profit / employee
£395
Revenue/employee £75.8k
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 to28 Feb 202228 Feb 202329 Feb 202428 Feb 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£68.5m£68.3m£64.6m£64.8m
Cost of sales£40.7m£40.9m£37.7m£37.1m
Gross profit£27.8m£27.4m£26.8m£27.7m
Profit before tax£6.3m£2.4m£1.3m£336k
Profit after tax£5.2m£2.3m£1.1m£338k
Profit (best available)£5.2m£2.3m£1.1m£338k
Staff costs£8.8m£10.5m£10.7m£12.4m
Employees (average)765891918855
Ratios
Profit margin7.5%3.3%1.7%0.5%
Gross margin40.6%40.1%41.6%42.8%
Revenue per employee£89.5k£76.6k£70.3k£75.8k
Profit per employee£6.7k£2.5k£1.2k£395
Growth (year on year)
Revenue growth—▼0.3%▼5.4%▲0.3%
Profit growth—▼56.4%▼51.6%▼69%
Headcount growth—▲16.5%▲3%▼6.9%
Balance sheet — indirect signals, not revenue
Net assets£14m£16.3m£17.4m£17.7m
Fixed assets£4.1m£4.6m£3.8m£5m
Current assets£10m£11.8m£13.6m£12.8m
Debtors£1.1m£2.3m£5.8m£5m
SourceAccounts · bulk data Nov 2023Accounts · bulk data Nov 2023FullAccounts · bulk data Nov 2024FullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
0.5%
Profit ÷ revenue.
Gross margin
42.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£75.8k
Revenue ÷ average employees.
Profit per employee
£395
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
7.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
7.7%
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
▲2%
Now £17.7m
Cash at bank
—
Now —
Headcount
▼7%
Now 855
Deferred income
—
Now —
Fixed assets
▲31%
Now £5m
Corporate ownership

Group structure

Ownership chain

  1. QD Commercial Group Holdings Limitedultimate parent75–100%
  2. Cherry Lane Retail Centres Limitedthis company

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

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 28 Feb 2025 (profit £338k), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.

Updated from Companies House on 24 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.