South West Lakes Limited
Registered name: SOUTH WEST LAKES LIMITED
Part of South West Lakes Trust groupSouth West Lakes Limited made £2.1m revenue and £8.7k profit in the year to 31 Jan 2026.
South West Lakes Limited’s revenue fell 5% to £2.1m in the year to 31 Jan 2026, with £8.7k profit and 54 employees. The company is classified under “freshwater fishing” and is based in Lifton; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Lifton, South West
- Age
- 26 yrs · since 2000
- 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 | 31 Jan 2024 | 31 Jan 2025 | 31 Jan 2026 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £2.2m | £2.2m | £2.1m |
| Cost of sales | −£1.1m | −£1.1m | −£1.1m |
| Gross profit | £1.1m | £1.1m | £1m |
| Operating profit | £1.1k | −£14.1k | £5k |
| Profit before tax | £3.7k | −£13.6k | £8.7k |
| Profit after tax | £3.7k | −£13.6k | £8.7k |
| Profit (best available) | £3.7k | −£13.6k | £8.7k |
| Employees (average) | 92 | 70 | 54 |
| Ratios | |||
| Profit margin | 0.2% | −0.6% | 0.4% |
| Gross margin | 48% | 49.3% | 49.5% |
| Revenue per employee | £23.8k | £31.9k | £39.1k |
| Profit per employee | £40 | −£194 | £161 |
| Growth (year on year) | |||
| Revenue growth | — | ▲2.1% | ▼5.4% |
| Profit growth | — | ▼470.5% | — |
| Headcount growth | — | ▼23.9% | ▼22.9% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Aug 2025 | Accounts · bulk data Aug 2025 | Accounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 0.4%
- Profit ÷ revenue.
- Gross margin
- 49.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £39.1k
- Revenue ÷ average employees.
- Profit per employee
- £161
- 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
- ▼23%
- Now 54
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- South West Lakes Trustultimate parent75–100%
- South West Lakes Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Wheal Martyn TrustRev. £1.4m · Profit £721k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Jan 2026 (profit £8.7k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Updated from Companies House on 11 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.