How much does Union Mart Limited make?

Union Mart Limited reported revenue of £12.2m and a loss of £1.4m in the year to 30 Jan 2023, according to its accounts filed at Companies House.

How many employees does Union Mart Limited have?

Union Mart Limited reported an average of 46 employees in the year to 30 Jan 2023.

Is Union Mart Limited profitable?

No — Union Mart Limited reported a loss of £1.4m in the year to 30 Jan 2023.

Company No. 08384155 · Incorporated 31 Jan 2013

Union Mart Limited

Registered name: UNION MART LIMITED

Union Mart Limited made £12.2m revenue and a £1.4m loss in the year to 30 Jan 2023.

Union Mart Limited’s revenue fell 32% to £12.2m in the year to 30 Jan 2023, with a loss of £1.4m and 46 employees. The company is classified under “retail sale via mail order houses or via internet” and is based in Fareham; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47910Retail sale via mail order houses or via Internet

Status: Liquidation
Location: Fareham, South East
Age: 13 yrs · since 2013
Type: Private Limited Company

Latest accounts · year to 30 Jan 2023

Key figures

IndependentCapital-lightCash flow filed

Revenue

£12.2m

Growth ▼31.9%

Profit

−£1.4m

Growth —

Profit margin

−11.4%

Gross 7.7%

Employees

Change ▼30.3%

Profit / employee

−£30.2k

Revenue/employee £265k

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	30 Jan 2022	30 Jan 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£17.9m	£12.2m
Cost of sales	£16.9m	£11.3m
Gross profit	£1m	£935k
Operating profit	−£668k	−£1.4m
Profit before tax	−£670k	−£1.4m
Profit after tax	−£544k	−£1.4m
Profit (best available)	−£544k	−£1.4m
Staff costs	£1.3m	£1m
Employees (average)	66	46
Ratios
Profit margin	−3%	−11.4%
Gross margin	5.8%	7.7%
Revenue per employee	£272k	£265k
Profit per employee	−£8.2k	−£30.2k
Growth (year on year)
Revenue growth	—	▼31.9%
Headcount growth	—	▼30.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£146k	£314k
Net assets	£309k	−£1.1m
Fixed assets	£22.1k	£16.3k
Current assets	£5.3m	£3.6m
Debtors	£185k	£128k
Cash from operations	−£1.6m	−£520k
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023

Derived from the latest filing

How the business works

Profit margin: −11.4%; Profit ÷ revenue.
Gross margin: 7.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £265k; Revenue ÷ average employees.
Profit per employee: −£30.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.1%; 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: ▼450%; Now −£1.1m
Cash at bank: ▲115%; Now £314k
Headcount: ▼30%; Now 46
Deferred income: —; Now —
Fixed assets: ▼26%; Now £16.3k

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 30 Jan 2023 (profit −£1.4m), from the Companies House accounts bulk data published Oct 2023. 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.