PAUL RHODES BAKERY LTD
Get an alert when PAUL RHODES BAKERY LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£226K
-23.2% vs 2024
Net assets
-£210K
-256.7% lowest in 4 filed years
Employees
184
-1.1% vs 2024
Profit before tax
-£282K
-297.5% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
4-year trend · vs Consumer Staples median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | — | — | £13,492,973 | £13,865,968 | +2.8% | |
| Operating profit | — | — | £241,047 | -£174,317 | -172.3% | |
| Profit before tax | — | — | £142,915 | -£282,295 | -297.5% | |
| Net profit | — | — | £155,915 | -£282,295 | -281.1% | |
| Cash | £5,000 | £244,000 | £294,817 | £226,331 | -23.2% | |
| Total assets less current liabilities | £2,301,000 | £1,906,000 | £443,889 | £2,398 | -99.5% | |
| Net assets | £1,898,000 | £1,184,000 | £134,174 | -£210,210 | -256.7% | |
| Equity | £1,898,000 | £1,184,000 | £134,174 | -£210,210 | -256.7% | |
| Average employees | 145 | 110 | 186 | 184 | -1.1% | |
| Wages | — | — | £6,061,750 | £6,361,179 | +4.9% | |
| Directors' remuneration | — | — | £186,233 | £118,734 | -36.2% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-03-31 | 2021-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 1.8% | -1.3% | |
| Net margin | — | — | 1.2% | -2.0% | |
| Return on capital employed | — | — | 54.3% | — | |
| Gearing (liabilities / total assets) | — | — | 96.5% | 106.1% | |
| Current ratio | — | — | 0.66x | 0.63x | |
| Interest cover | — | — | 2.39x | -1.61x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- PAUL RHODES BAKERY LTD 2016-05-26 → present
- PAULRHODES LONDON LTD 2010-06-21 → 2016-05-26
- RHODES LONDON LTD 2008-04-03 → 2010-06-21
- DUPOND'S BAKERY LTD 2003-01-23 → 2008-04-03
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- KLSA LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the director has a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements. In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- PAUL RHODES BAKERY LTD · parent
- Paul Rhodes Bakery Retail Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RHODES, Paul Michael | Director | 2003-01-23 | Nov 1969 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AASEN, Tina | Secretary | 2004-03-27 | 2008-10-31 |
| RHODES, Karen Teresa | Secretary | 2003-01-23 | 2004-03-27 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2003-01-23 | 2003-01-23 |
| LACOTTE, Alain | Director | 2003-01-23 | 2003-11-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Paul Michael Rhodes | Individual | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 79 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-23 | AA | accounts | Accounts with accounts type group | |
| 2025-10-31 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-23 | AA | accounts | Accounts with accounts type group | |
| 2024-12-04 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2024-01-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-13 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2023-01-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-30 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2022-03-29 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2022-02-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-30 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2020-01-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-20 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2019-07-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2019-01-28 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.