How much does Marel Ltd make?

Marel Ltd reported revenue of £20.1m and a loss of £58k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Marel Ltd have?

Marel Ltd reported an average of 96 employees in the year to 31 Dec 2024.

Is Marel Ltd profitable?

No — Marel Ltd reported a loss of £58k in the year to 31 Dec 2024.

Company No. 05772856 · Incorporated 6 Apr 2006

Marel Ltd

Registered name: MAREL LTD

Part of Marel Hf group

Marel Ltd made £20.1m revenue and a £58k loss in the year to 31 Dec 2024. read from filing text

Marel Ltd’s revenue grew 11% to £20.1m in the year to 31 Dec 2024, with a loss of £58k and 96 employees. The company is classified under “manufacture of electronic industrial process control equipment” and is based in Cardiff; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 26512Manufacture of electronic industrial process control equipment SIC 28960Manufacture of plastics and rubber machinery SIC 33200Installation of industrial machinery and equipment

Status: Active
Location: Cardiff, Wales
Age: 20 yrs · since 2006
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 Company is a subsidiary undertaking of Marel hf. The ultimate controlling party is JBT Marel Corporation”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightDoing more with less

Revenue

£20.1m

Growth ▲10.8%

Profit

−£58k

Growth ▼131.9%

Profit margin

−0.3%

Gross 37.9%

Employees

Change ▼8.6%

Profit / employee

−£604

Revenue/employee £210k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
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)	£18.2m	£20.1m
Cost of sales	£9.9m	£12.5m
Gross profit	£8.3m	£7.6m
Operating profit	£114k	−£305k
Profit before tax	£294k	−£55k
Profit after tax	£182k	−£58k
Profit (best available)	£182k	−£58k
Staff costs	£5.3m	£5.6m
Employees (average)	105	96
Ratios
Profit margin	1%	−0.3%
Gross margin	45.6%	37.9%
Revenue per employee	£173k	£210k
Profit per employee	£1.7k	−£604
Growth (year on year)
Revenue growth	—	▲10.8%
Profit growth	—	▼131.9%
Headcount growth	—	▼8.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.2m	£7.3m
Net assets	£11.3m	£11.2m
Fixed assets	£1.9m	£1.5m
Current assets	£13.9m	£15.8m
Debtors	£255k	£208k
Deferred income	£725k	£442k
Source	FullAccounts · bulk data Mar 2026	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: −0.3%; Profit ÷ revenue.
Gross margin: 37.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £210k; Revenue ÷ average employees.
Profit per employee: −£604; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1%; 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: ▼1%; Now £11.2m
Cash at bank: ▲42%; Now £7.3m
Headcount: ▼9%; Now 96
Deferred income: ▼39%; Now £442k
Fixed assets: ▼20%; Now £1.5m

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

Marel Hf (registered outside the UK register)ultimate parent75–100%
Marel Ltdthis 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).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£58k), from the Companies House accounts bulk data published Mar 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.