LOLA'S CUPCAKES LIMITED
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Next accounts due
2027-03-31 (in 10mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-13 (in 4mo)
Last made up 2025-08-30
Watchouts
None on the register
Cash
£1M
+12.5% highest in 4 filed years
Net assets
£4M
+80.4% highest in 4 filed years
Employees
410
-6.6% vs 2023
Profit before tax
£2M
+172% highest in 4 filed years
Net assets
4-year trend · vs Consumer Staples median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | £19,135,041 | £22,462,005 | £24,869,985 | £26,168,834 | |
| Operating profit | £1,344,167 | £383,404 | £756,628 | £2,074,528 | |
| Profit before tax | £1,328,206 | £380,023 | £774,848 | £2,107,932 | |
| Net profit | — | — | £609,862 | £1,614,596 | |
| Cash | £780,598 | £612,542 | £1,113,208 | £1,252,860 | |
| Total assets less current liabilities | £1,444,617 | £1,900,888 | £2,350,921 | £4,251,884 | |
| Net assets | £1,260,060 | £1,597,606 | £2,007,468 | £3,622,064 | |
| Equity | £1,260,060 | £1,597,606 | £2,007,468 | £3,622,064 | |
| Average employees | 315 | 426 | 439 | 410 | |
| Wages | £7,589,862 | £9,349,533 | £10,038,258 | £10,246,291 | |
| Directors' remuneration | £167,501 | £149,752 | £209,601 | £189,492 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+5.2%
£24,869,985 £26,168,834
highest in 4 filed years
-
Cash
+12.5%
£1,113,208 £1,252,860
highest in 4 filed years
-
Net assets
+80.4%
£2,007,468 £3,622,064
highest in 4 filed years
-
Employees
-6.6%
439 410
-
Operating profit
+174.2%
£756,628 £2,074,528
highest in 4 filed years
-
Profit before tax
+172%
£774,848 £2,107,932
highest in 4 filed years
-
Wages
+2.1%
£10,038,258 £10,246,291
highest in 4 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | 7.0% | 1.7% | 3.0% | 7.9% | |
| Net margin | — | — | 2.5% | 6.2% | |
| Return on capital employed | 93.0% | 20.2% | 32.2% | 48.8% | |
| Current ratio | — | — | 1.13x | 1.66x | |
| Interest cover | 84.22x | 84.77x | — | — |
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 1 time since incorporation
- LOLA'S CUPCAKES LIMITED 2015-06-24 → present
- LOLA'S KITCHEN LIMITED 2006-09-07 → 2015-06-24
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BKL Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on these forecasts and together with the support of its holding company the directors have a reasonable expectation that the Company will have adequate resources to meet its financial obligations as they fall due for the foreseeable future, and hence they continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “Following a successful 2023, the Company had a successful 2024 with sales growing by 5.22% to £26,168,834, gross profit increasing to 62.3%, and pre-tax profits almost tripling to £2,107,932.”
- “The Company's continued growth reflects its reputation for providing premium quality celebration cakes and cupcakes through its high-profile stores and its strong online platform. The business has also seen growth in its "mailed" business, principally brownies and following on from the introduction of mailed cupcakes we are now seeing further success with mailed cakes.”
- “The Company continued the in-house development of its new online web site, based on a "Shopify" platform to replace its existing hosted platform, which is expected to go live in Q1 2025. No amortisation was provided in the current year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ONE ADVISORY LIMITED | Corporate Secretary | 2025-08-15 | — | — |
| BUDWIG, Asher Scott Jose | Director | 2011-12-09 | Dec 1988 | British |
| BUDWIG, Mario Kurt | Director | 2025-08-15 | Feb 1960 | British |
| DUFFY, John Gerald | Director | 2025-08-15 | Jan 1965 | British |
| HILL, Steven Paul | Director | 2025-08-15 | Mar 1983 | British |
| STADDON, Simon Charles | Director | 2025-08-15 | Dec 1962 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUDWIG, Debra Ruth | Secretary | 2012-07-10 | 2025-08-15 |
| BUDWIG, Mario Kurt | Secretary | 2011-12-09 | 2012-07-10 |
| LEWIS, Romy | Secretary | 2006-09-07 | 2011-12-09 |
| BUDWIG, Mario Kurt | Director | 2011-12-09 | 2013-01-29 |
| JAYSON, Geoffrey Russell | Director | 2012-07-10 | 2025-08-15 |
| JOSSEL, Neville | Director | 2006-09-25 | 2011-12-09 |
| JOSSEL, Victoria | Director | 2009-06-15 | 2013-12-08 |
| JOSSEL, Victoria | Director | 2006-09-07 | 2007-07-02 |
| LEWIS, Romy | Director | 2006-09-07 | 2011-12-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lola's Cupcakes (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 93 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-11-10 RESOLUTIONS Resolution
- 2025-11-10 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-10 | RESOLUTIONS | resolution | Resolution | |
| 2025-11-10 | MA | incorporation | Memorandum articles | |
| 2025-11-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-10 | AD04 | address | Move registers to registered office company with new address | |
| 2025-08-18 | AA01 | accounts | Change account reference date company current extended | |
| 2025-08-18 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2025-08-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-06-25 | AA | accounts | Accounts with accounts type full | |
| 2025-01-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-12 | AA | accounts | Accounts with accounts type full | |
| 2024-06-28 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 16
- Capital events
- 0
- Officers appointed
- 5
- Officers resigned
- 2
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.