How much does Primo Drinks Ltd make?

Primo Drinks Ltd reported revenue of £32.5m and £2.2m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Primo Drinks Ltd have?

Primo Drinks Ltd reported an average of 80 employees in the year to 31 Dec 2024.

Is Primo Drinks Ltd profitable?

Yes — Primo Drinks Ltd reported a profit of £2.2m in the year to 31 Dec 2024.

Company No. 04824074 · Incorporated 7 Jul 2003

Primo Drinks Ltd

Registered name: PRIMO DRINKS LTD

Primo Drinks Ltd made £32.5m revenue and £2.2m profit in the year to 31 Dec 2024.

Primo Drinks Ltd’s revenue fell 1% to £32.5m in the year to 31 Dec 2024, with £2.2m profit and 80 employees. The company is classified under “wholesale of wine, beer, spirits and other alcoholic beverages” and is based in Stockport; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46342Wholesale of wine, beer, spirits and other alcoholic beverages

Status: Active
Location: Stockport, North West
Age: 23 yrs · since 2003
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: “Same Day Beers Group Limited”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£32.5m

Growth ▼1.1%

Profit

£2.2m

Growth ▼0.3%

Profit margin

6.9%

Gross 21.2%

Employees

Change 0%

Profit / employee

£27.9k

Revenue/employee £406k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£30.8m	£32.8m	£32.5m
Cost of sales	£23.3m	£25.8m	£25.6m
Gross profit	£7.5m	£7m	£6.9m
Operating profit	£3.6m	£2.9m	£2.7m
Profit before tax	£3.6m	£3m	£2.9m
Profit after tax	£2.9m	£2.2m	£2.2m
Profit (best available)	£2.9m	£2.2m	£2.2m
Staff costs	£2.5m	£2.7m	£2.8m
Employees (average)	87	80	80
Ratios
Profit margin	9.3%	6.8%	6.9%
Gross margin	24.2%	21.4%	21.2%
Revenue per employee	£354k	£410k	£406k
Profit per employee	£32.9k	£27.9k	£27.9k
Cash conversion	91.9%	−83%	—
Growth (year on year)
Revenue growth	—	▲6.8%	▼1.1%
Profit growth	—	▼21.8%	▼0.3%
Headcount growth	—	▼8.1%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.8m	£2.7m	£4m
Net assets	£8.6m	£10.3m	£12.3m
Fixed assets	£1m	£1.1m	£850k
Current assets	£11.1m	£13.8m	£15.6m
Debtors	£832k	£1.5m	£977k
Deferred income	£7.4k	£248k	£261k
Cash from operations	£3.3m	−£2.4m	—
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 6.9%; Profit ÷ revenue.
Gross margin: 21.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £406k; Revenue ÷ average employees.
Profit per employee: £27.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3%; 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: ▲19%; Now £12.3m
Cash at bank: ▲49%; Now £4m
Headcount: 0%; Now 80
Deferred income: ▲5%; Now £261k
Fixed assets: ▼20%; Now £850k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £2.2m), from the Companies House accounts bulk data published Sep 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.