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Company No. 12143828 · Incorporated 7 Aug 2019

Zoro UK Limited

Registered name: ZORO UK LIMITED

Part of Grainger International Holdings B.V. group

Zoro UK Limited made £28.2m revenue and a £8.3m loss in the year to 31 Dec 2024.

Zoro UK Limited’s revenue grew 18% to £28.2m in the year to 31 Dec 2024, with a loss of £8.3m and 101 employees. The company is classified under “wholesale of other intermediate products” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46760Wholesale of other intermediate products
Status
Active
Location
London, London
Age
7 yrs · since 2019
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: “Grainger Global Online Business Ltd.”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light
Revenue
£28.2m
Growth ▲17.9%
Profit
−£8.3m
Growth —
Profit margin
−29.5%
Gross 17.1%
Employees
101
Change ▲3.1%
Profit / employee
−£82.5k
Revenue/employee £279k
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£19.6m£23.9m£28.2m
Cost of sales£16.4m£19.8m£23.4m
Gross profit£3.2m£4.1m£4.8m
Operating profit−£7.9m−£8.8m−£8.4m
Profit before tax−£7.9m−£8.8m−£8.3m
Profit after tax−£7.9m−£8.8m−£8.3m
Profit (best available)−£7.9m−£8.8m−£8.3m
Staff costs£4.5m£5.3m£5.6m
Employees (average)8898101
Ratios
Profit margin−40.3%−36.8%−29.5%
Gross margin16.4%17.2%17.1%
Revenue per employee£222k£244k£279k
Profit per employee−£89.5k−£89.8k−£82.5k
Growth (year on year)
Revenue growth—▲22.4%▲17.9%
Headcount growth—▲11.4%▲3.1%
Balance sheet — indirect signals, not revenue
Cash at bank£2m£8.5m£7.3m
Net assets£12.9m£12.1m£4.6m
Fixed assets£355k£277k£1.6m
Current assets£17.6m£16.9m£11.1m
Debtors£1.5m£1.6m£1.9m
Deferred income£1.3m£968k£786k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
−29.5%
Profit ÷ revenue.
Gross margin
17.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£279k
Revenue ÷ average employees.
Profit per employee
−£82.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
5.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
6.7%
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
▼62%
Now £4.6m
Cash at bank
▼14%
Now £7.3m
Headcount
▲3%
Now 101
Deferred income
▼19%
Now £786k
Fixed assets
▲462%
Now £1.6m

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

  1. Grainger International Holdings B.V. (registered outside the UK register)ultimate parent75–100%
  2. Grainger Global Online Business Ltd.75–100%
  3. Zoro UK Limitedthis 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

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£8.3m), 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.