How much does Cherry Lane Retail Centres Limited make?

Cherry Lane Retail Centres Limited reported revenue of £64.8m and £338k profit in the year to 28 Feb 2025, according to its accounts filed at Companies House.

How many employees does Cherry Lane Retail Centres Limited have?

Cherry Lane Retail Centres Limited reported an average of 855 employees in the year to 28 Feb 2025.

Is Cherry Lane Retail Centres Limited profitable?

Yes — Cherry Lane Retail Centres Limited reported a profit of £338k in the year to 28 Feb 2025.

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 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)	£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)	765	891	918	855
Ratios
Profit margin	7.5%	3.3%	1.7%	0.5%
Gross margin	40.6%	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
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2024	FullAccounts · 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

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

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

Sister companies (8)

QD Market Towns LimitedRev. £53.2m · Profit £264k
Cherry Lane (Garden Centres) LimitedFigures not disclosed
Lathams (Retail) LimitedFigures not disclosed
QD Commercial Group (Property) LimitedFigures not disclosed
QD Eastern LimitedFigures not disclosed
QD Stores LimitedFigures not disclosed
The Match-Club LimitedFigures not disclosed
Westbridge International Group LimitedFigures not disclosed

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 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.