DANISH BAKE UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-27 (this month)
Last made up 2025-05-13
Watchouts
None on the register
Cash
£2M
+11.1% highest in 3 filed years
Net assets
-£4M
-30.9% lowest in 3 filed years
Employees
279
+26.2% highest in 3 filed years
Profit before tax
-£227K
+84.9% vs 2023
Net assets
3-year trend · vs Consumer Staples median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £34,820,879 | £36,684,837 | |
| Operating profit | — | £488,763 | £1,223,798 | |
| Profit before tax | £42,730 | -£1,506,335 | -£227,273 | |
| Net profit | £114,941 | -£1,544,794 | -£881,158 | |
| Cash | £1,017,903 | £1,622,022 | £1,801,998 | |
| Total assets less current liabilities | £1,689,444 | £324,676 | -£400,887 | |
| Net assets | -£1,309,816 | -£2,854,610 | -£3,735,768 | |
| Equity | -£1,309,816 | -£2,854,610 | -£3,735,768 | |
| Average employees | 181 | 221 | 279 | |
| Wages | £8,972,070 | £11,026,245 | £10,695,750 | |
| Directors' remuneration | — | — | — |
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
+5.4%
£34,820,879 £36,684,837
-
Cash
+11.1%
£1,622,022 £1,801,998
highest in 3 filed years
-
Net assets
-30.9%
-£2,854,610 -£3,735,768
lowest in 3 filed years
-
Employees
+26.2%
221 279
highest in 3 filed years
-
Operating profit
+150.4%
£488,763 £1,223,798
-
Profit before tax
+84.9%
-£1,506,335 -£227,273
-
Wages
-3%
£11,026,245 £10,695,750
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | 1.4% | 3.3% | |
| Net margin | — | -4.4% | -2.4% | |
| Return on capital employed | — | 150.5% | -305.3% | |
| Gearing (liabilities / total assets) | — | 110.0% | 114.4% | |
| Current ratio | — | 0.19x | 0.22x | |
| Interest cover | — | 0.24x | 0.84x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Thomson Cooper
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors expect that the company has adequate resources to continue in operational existence for a period not less than 12 months from the point of approving this annual report and financial statements. The company has received confirmation that the parent undertaking, Danish Bake A/S, will provide financial support to the company if required.”
Significant events
- “2024 was a year of strong and focused execution for Ole & Steen as we delivered organic top-line sales growth of 5%, reaching £36.7 million across our 26 London stores. In addition, our EBITDA increased by £964k to £4.9 million, a 25% year-on-year uplift. This positive momentum has continued into 2025.”
- “The foundation for our success was the Group Refocused Strategy launched in April 2024. This strategy has reaffirmed our identity as The Danish Bakery and Coffee House in London. We've invested heavily in our stores, teams, service standards, and digital capability.”
- “Our investment in the Leyton production facility is delivering the cost efficiencies and consistent high quality we expected. October saw the launch of our highly successful "Treat of the Week" campaign.”
- “Innovation remains at the heart of what we do. In 2024, we launched a series of standout products - from our award-winning Christmas Turkey Toastie to the beautifully crafted Cardamom bun.”
- “Customer convenience is core to our brand experience. In 2024, we expanded to three major delivery platforms and introduced a new web-based ordering portal to better serve offices and B2B clients. Meanwhile, our Loyalty App membership grew by over 40%.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CANUTE SECRETARIES LTD | Corporate Secretary | 2015-05-13 | — | — |
| HOLLINSHEAD, Graham John | Director | 2025-03-01 | Jul 1968 | British |
| KNUDSEN, Joachim Bernhard | Director | 2024-01-01 | Mar 1974 | Danish |
| WIENECKE, Kennet Skyggelund | Director | 2024-01-10 | May 1978 | Danish |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COTTA, Jason Anthony | Director | 2019-08-26 | 2023-10-24 |
| DIXEN, Jesper Mark | Director | 2023-10-24 | 2024-01-01 |
| FRIIS, Jesper Roholm | Director | 2015-05-13 | 2019-08-26 |
| ISRAELSEN, Soeren | Director | 2016-12-20 | 2018-06-30 |
| JENSEN, Mikael Koch | Director | 2018-07-01 | 2024-01-10 |
| NIXON, Lee | Director | 2021-01-25 | 2023-04-14 |
| WARD-NICHOLSON, Simon | Director | 2019-09-09 | 2020-07-07 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 60 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-27 | CH01 | officers | Change person director company with change date | |
| 2025-10-27 | CH01 | officers | Change person director company with change date | |
| 2025-10-27 | CH01 | officers | Change person director company with change date | |
| 2025-10-27 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-27 | CH04 | officers | Change corporate secretary company with change date | |
| 2025-06-18 | AA | accounts | Accounts with accounts type full | |
| 2025-05-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-10-10 | CH04 | officers | Change corporate secretary company with change date | |
| 2024-10-10 | CH01 | officers | Change person director company with change date | |
| 2024-10-10 | CH01 | officers | Change person director company with change date | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-05-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-13 | CH04 | officers | Change corporate secretary company with change date | |
| 2024-02-01 | AA | accounts | Accounts with accounts type full | |
| 2024-01-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-04 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- 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.