Leathams Limited
Registered name: LEATHAMS LIMITED
Part of Leathams Group Holdings Limited groupLeathams Limited made £78.2m revenue and £2.4m profit in the year to 30 Apr 2025.
Leathams Limited’s revenue grew 7% to £78.2m in the year to 30 Apr 2025, with £2.4m profit and 145 employees. The company is classified under “manufacture of other food products” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 43 yrs · since 1982
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £67m | £73.1m | £78.2m |
| Cost of sales | — | −£54.8m | −£58.7m | −£62.5m |
| Gross profit | — | £12.2m | £14.4m | £15.7m |
| Operating profit | — | £1.9m | £2.9m | £3.4m |
| Profit before tax | — | £1.6m | £2.6m | £3.3m |
| Profit after tax | £851k | £1.5m | £1.7m | £2.4m |
| Profit (best available) | £851k | £1.5m | £1.7m | £2.4m |
| Employees (average) | 139 | 132 | 141 | 145 |
| Ratios | ||||
| Profit margin | — | 2.2% | 2.3% | 3.1% |
| Gross margin | — | 18.2% | 19.7% | 20.1% |
| Revenue per employee | — | £507k | £518k | £539k |
| Profit per employee | £6.1k | £11k | £11.9k | £16.5k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲9.1% | ▲7.1% |
| Profit growth | — | ▲70.9% | ▲15.8% | ▲42.1% |
| Headcount growth | — | ▼5% | ▲6.8% | ▲2.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £5.1m | £6.5m | — | — |
| Net assets | £20.7m | £21.5m | — | — |
| Fixed assets | £21.8m | £23m | — | — |
| Current assets | £24.3m | £25.3m | — | — |
| Debtors | £8.7m | £9.1m | — | — |
| Deferred income | £2.4m | £2.5m | — | — |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | Accounts · bulk data Nov 2024 | Accounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 3.1%
- Profit ÷ revenue.
- Gross margin
- 20.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £539k
- Revenue ÷ average employees.
- Profit per employee
- £16.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲3%
- Now 145
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Leathams Group Holdings Limitedultimate parent75–100%
- Leathams Holdings Ltd75–100%
- Leathams Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Charcuti LimitedFigures not disclosed
- Chefs Brigade LimitedFigures not disclosed
- Sunblush LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 30 Apr 2025 (profit £2.4m), 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.