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Company No. 04136953 · Incorporated 8 Jan 2001

More (UK) Limited

Registered name: MORE (UK) LIMITED

More (UK) Limited made £14.5m revenue and £1.6m profit in the year to 31 Jan 2025. read from filing text

More (UK) Limited’s revenue grew 4% to £14.5m in the year to 31 Jan 2025, with £1.6m profit and 46 employees. The company is classified under “wholesale of clothing and footwear” and is based in Leeds; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46420Wholesale of clothing and footwear
Status
Active
Location
Leeds, Yorkshire and The Humber
Age
25 yrs · since 2001
Type
Private Limited Company
Latest accounts · year to 31 Jan 2025

Key figures

IndependentCapital-lightOperating leverageDoing more with less
Revenue
£14.5m
Growth ▲4.3%
Profit
£1.6m
Growth ▲73.6%
Profit margin
11%
Gross 27.6%
Employees
46
Change ▼2.1%
Profit / employee
£34.7k
Revenue/employee £316k
Profitable streak
3yrs
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 to31 Jan 202231 Jan 202331 Jan 202431 Jan 2025
DisclosureNo P&LFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)—£13.6m£13.9m£14.5m
Cost of sales—£10.6m£10.7m£10.5m
Gross profit—£3m£3.3m£4m
Operating profit—£1.4m£1.2m£2.1m
Profit before tax—£1.4m£1.2m£2.1m
Profit after tax—£1.2m£918k£1.6m
Profit (best available)—£1.2m£918k£1.6m
Employees (average)37414746
Ratios
Profit margin—8.5%6.6%11%
Gross margin—22.1%23.4%27.6%
Revenue per employee—£332k£297k£316k
Profit per employee—£28.1k£19.5k£34.7k
Growth (year on year)
Revenue growth——▲2.5%▲4.3%
Profit growth——▼20.2%▲73.6%
Headcount growth—▲10.8%▲14.6%▼2.1%
Balance sheet — indirect signals, not revenue
Cash at bank£5.8k£798k£1.1m£1.8m
Net assets£3.3m£4.1m£4.4m£5.2m
Fixed assets£70.8k£53.5k£88.7k£91k
Current assets£5.5m£6.1m£5.5m£6.4m
Debtors£1m£246k£596k£895k
Deferred income—£147k£127k£136k
SourceAccounts · bulk data Oct 2023Accounts · bulk data Oct 2023FullAccounts · bulk data Oct 2024FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
11%
Profit ÷ revenue.
Gross margin
27.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£316k
Revenue ÷ average employees.
Profit per employee
£34.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.9%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
6.2%
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
▲17%
Now £5.2m
Cash at bank
▲62%
Now £1.8m
Headcount
▼2%
Now 46
Deferred income
▲7%
Now £136k
Fixed assets
▲3%
Now £91k

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

Subsidiaries (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £1.6m), from the Companies House accounts bulk data published Oct 2025. 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.