How much does Uml Wellington Limited make?

Uml Wellington Limited reported revenue of £25.1m and £27.9m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Uml Wellington Limited have?

Uml Wellington Limited reported an average of 0 employees in the year to 31 Dec 2023.

Is Uml Wellington Limited profitable?

Yes — Uml Wellington Limited reported a profit of £27.9m in the year to 31 Dec 2023.

Company No. 11825482 · Incorporated 13 Feb 2019

Uml Wellington Limited

Registered name: UML WELLINGTON LIMITED

Part of Springfield Shipping Limited group

Uml Wellington Limited made £25.1m revenue and £27.9m profit in the year to 31 Dec 2023.

Uml Wellington Limited’s revenue grew 291% to £25.1m in the year to 31 Dec 2023, with £27.9m profit and 0 employees. The company is classified under “sea and coastal freight water transport” and is based in Wembley; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 50200Sea and coastal freight water transport

Status: Active
Location: Wembley, London
Age: 7 yrs · since 2019
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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 owned by Marylebone Holdco Limited which is in turn owned by Union Maritime Limited (UML). The registered office of both companies is Portland House, 69-71 Wembley Hill Road, Middlesex,”

Latest accounts · year to 31 Dec 2023

Key figures

Small teamCapital-lightYoung and profitableOperating leverage

Revenue

£25.1m

Growth ▲291.1%

Profit

£27.9m

Growth ▲1896%

Profit margin

111%

Gross 34.8%

Employees

Change —

Profit / employee

—

Profitable streak

2yrs

Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

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 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£6.4m	£25.1m
Cost of sales	£434k	£16.4m
Gross profit	£6m	£8.7m
Operating profit	£2.3m	£28.9m
Profit before tax	£1.4m	£27.9m
Profit after tax	£1.4m	£27.9m
Profit (best available)	£1.4m	£27.9m
Employees (average)	0	0
Ratios
Profit margin	21.8%	111%
Gross margin	93.2%	34.8%
Growth (year on year)
Revenue growth	—	▲291.1%
Profit growth	—	▲1896%
Balance sheet — indirect signals, not revenue
Cash at bank	£609k	£1.2m
Net assets	£4.9m	£848k
Fixed assets	£15.8m	£0
Current assets	£2.5m	£2m
Debtors	£1.8m	£824k
Deferred income	£2.3k	£1m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 111%; Profit ÷ revenue.
Gross margin: 34.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.3%; 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: ▼83%; Now £848k
Cash at bank: ▲96%; Now £1.2m
Headcount: —; Now 0
Deferred income: ▲44604%; Now £1m
Fixed assets: ▼100%; Now £0

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

Springfield Shipping Limitedultimate parent50–75%
Union Maritime Limited75–100%
Marylebone Holdco Limited75–100%
Uml Wellington Limitedthis company

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

Sister companies (4)

Uml Ampleforth LimitedRev. £21.1m · Profit £23.2m
Uml Westmore LimitedRev. £7.9m · Profit £2.4m
Uml Picton LimitedRev. £7.7m · Profit £1.7m
B Crystal LimitedActive - Proposal to Strike offRev. £5.2m · Profit £1.7m

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 Dec 2023 (profit £27.9m), from the Companies House accounts bulk data published Sep 2024. 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.