Marelli Automotive Systems UK Limited
Registered name: MARELLI AUTOMOTIVE SYSTEMS UK LIMITED
Part of Kkr & Co Inc groupMarelli Automotive Systems UK Limited made £529m revenue and a £8.1m loss in the year to 31 Dec 2024. read from filing text
Marelli Automotive Systems UK Limited’s revenue grew 1% to £529m in the year to 31 Dec 2024, with a loss of £8.1m and 1,257 employees. The company is classified under “manufacture of other plastic products” and is based in Llanelli; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Llanelli, Wales
- Age
- 39 yrs · since 1987
- 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. From the filing: “The immediate parent undertaking is Marelli Automotive Systems Europe”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £526m | £529m |
| Cost of sales | £505m | £506m |
| Gross profit | £20.5m | £22.1m |
| Operating profit | −£7.5m | £6.2m |
| Profit before tax | −£22.7m | −£8.1m |
| Profit after tax | −£31.8m | −£8.1m |
| Profit (best available) | −£31.8m | −£8.1m |
| Staff costs | £56.6m | £57.4m |
| Employees (average) | 1,278 | 1,257 |
| Ratios | ||
| Profit margin | −6% | −1.5% |
| Gross margin | 3.9% | 4.2% |
| Revenue per employee | £411k | £421k |
| Profit per employee | −£24.9k | −£6.4k |
| Cash conversion | — | −251.6% |
| Growth (year on year) | ||
| Revenue growth | — | ▲0.5% |
| Headcount growth | — | ▼1.6% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £257k | £255k |
| Net assets | −£159m | −£160m |
| Fixed assets | £39.9m | £36m |
| Current assets | £249m | £60.2m |
| Debtors | £31.1m | £18.3m |
| Cash from operations | −£12.8m | −£15.7m |
| Source | FullAccounts · bulk data Feb 2026 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −1.5%
- Profit ÷ revenue.
- Gross margin
- 4.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £421k
- Revenue ÷ average employees.
- Profit per employee
- −£6.4k
- Profit ÷ average employees.
- Cash conversion
- −251.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.5%
- 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 −£160m
- Cash at bank
- ▼1%
- Now £255k
- Headcount
- ▼2%
- Now 1,257
- Deferred income
- —
- Now —
- Fixed assets
- ▼10%
- Now £36m
Group structure
Ownership chain
- Kkr & Co Inc (registered outside the UK register)ultimate parent75–100%
- Marelli Automotive Systems UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£8.1m), from the Companies House accounts bulk data published Feb 2026. 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.