How much does Underwood Meat Company Limited make?

Underwood Meat Company Limited reported revenue of £56.9m and a loss of £132k in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Underwood Meat Company Limited have?

Underwood Meat Company Limited reported an average of 270 employees in the year to 31 Oct 2025.

Is Underwood Meat Company Limited profitable?

No — Underwood Meat Company Limited reported a loss of £132k in the year to 31 Oct 2025.

Company No. 02716900 · Incorporated 21 May 1992

Underwood Meat Company Limited

Registered name: UNDERWOOD MEAT COMPANY LIMITED

Part of Underwood Meat (Topco) Limited group

Underwood Meat Company Limited made £56.9m revenue and a £132k loss in the year to 31 Oct 2025.

Underwood Meat Company Limited’s revenue fell 6% to £56.9m in the year to 31 Oct 2025, with a loss of £132k and 270 employees. The company is classified under “wholesale of meat and meat products” and is based in Rotherham; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46320Wholesale of meat and meat products

Status: Active
Location: Rotherham, Yorkshire and The Humber
Age: 34 yrs · since 1992
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.

Latest accounts · year to 31 Oct 2025

Key figures

Capital-light

Revenue

£56.9m

Growth ▼5.6%

Profit

−£132k

Growth ▼143.7%

Profit margin

−0.2%

Gross 15.6%

Employees

270

Change ▼7.5%

Profit / employee

−£488

Revenue/employee £211k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£56.3m	£65.1m	£60.3m	£56.9m
Cost of sales	£47.5m	£55.9m	£50.7m	£48m
Gross profit	£8.8m	£9.2m	£9.6m	£8.9m
Operating profit	£819k	£115k	£751k	£271k
Profit before tax	£707k	−£407k	£416k	−£146k
Profit after tax	£558k	−£381k	£302k	−£132k
Profit (best available)	£558k	−£381k	£302k	−£132k
Staff costs	£6.9m	£8.7m	£8.9m	£8.4m
Employees (average)	259	270	292	270
Ratios
Profit margin	1%	−0.6%	0.5%	−0.2%
Gross margin	15.7%	14.1%	15.9%	15.6%
Revenue per employee	£217k	£241k	£206k	£211k
Profit per employee	£2.2k	−£1.4k	£1k	−£488
Growth (year on year)
Revenue growth	—	▲15.7%	▼7.5%	▼5.6%
Profit growth	—	▼168.3%	—	▼143.7%
Headcount growth	—	▲4.3%	▲8.2%	▼7.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£269k	£506k	£1.1m	£143k
Net assets	£4.3m	£3.3m	£2.9m	£2m
Fixed assets	£3.2m	£3.1m	£3.2m	£2.9m
Current assets	£12.3m	£13.3m	£14.4m	£13.5m
Debtors	£4.9m	£6.1m	£6.4m	£6m
Deferred income	£673k	£789k	£1.1m	£340k
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jan 2026	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: −0.2%; Profit ÷ revenue.
Gross margin: 15.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £211k; Revenue ÷ average employees.
Profit per employee: −£488; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.6%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▼33%; Now £2m
Cash at bank: ▼87%; Now £143k
Headcount: ▼8%; Now 270
Deferred income: ▼69%; Now £340k
Fixed assets: ▼9%; Now £2.9m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Underwood Meat (Topco) Limitedultimate parent75–100%
Underwood Meat (Holdings) Limited75–100%
Underwood Meat Company Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

Manor Farm Sausage Co LtdFigures not disclosed
Northern Catering Butchers LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit −£132k), from the Companies House accounts bulk data published Jul 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.