How much does Upwood Distribution Limited make?

Upwood Distribution Limited reported revenue of £18.2m and £455k profit in the year to 31 Jan 2025, according to its accounts filed at Companies House.

How many employees does Upwood Distribution Limited have?

Upwood Distribution Limited reported an average of 56 employees in the year to 31 Jan 2025.

Is Upwood Distribution Limited profitable?

Yes — Upwood Distribution Limited reported a profit of £455k in the year to 31 Jan 2025.

Company No. 13864583 · Incorporated 21 Jan 2022

Upwood Distribution Limited

Registered name: UPWOOD DISTRIBUTION LIMITED

Part of Russnick Group Limited group

Upwood Distribution Limited made £18.2m revenue and £455k profit in the year to 31 Jan 2025.

Upwood Distribution Limited’s revenue grew 362% to £18.2m in the year to 31 Jan 2025, with £455k profit and 56 employees. The company is classified under “non-specialised wholesale trade” and is based in Leytonstone; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade SIC 52103Operation of warehousing and storage facilities for land transport activities SIC 82990Other business support service activities n.e.c.

Status: Active
Location: Leytonstone, London
Age: 4 yrs · since 2022
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.

Latest accounts · year to 31 Jan 2025

Key figures

Capital-lightYoung and profitable

Revenue

£18.2m

Growth ▲361.7%

Profit

£455k

Growth ▲181.6%

Profit margin

2.5%

Gross 13.3%

Employees

Change ▲93.1%

Profit / employee

£8.1k

Revenue/employee £326k

Profitable streak

2yrs

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 Jan 2023	31 Jan 2024	31 Jan 2025
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£4m	£18.2m
Cost of sales	—	£3.6m	£15.8m
Gross profit	—	£394k	£2.4m
Operating profit	—	£162k	£501k
Profit before tax	—	£161k	£491k
Profit after tax	—	£161k	£455k
Profit (best available)	—	£161k	£455k
Staff costs	—	£61.5k	£1.8m
Employees (average)	2	29	56
Ratios
Profit margin	—	4.1%	2.5%
Gross margin	—	10%	13.3%
Revenue per employee	—	£136k	£326k
Profit per employee	—	£5.6k	£8.1k
Growth (year on year)
Revenue growth	—	—	▲361.7%
Profit growth	—	—	▲181.6%
Headcount growth	—	▲1350%	▲93.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£1	£178	−£191k
Net assets	£100k	£261k	£716k
Fixed assets	£287k	£988k	£1.2m
Current assets	£195k	£5.3m	£8.8m
Debtors	£3.1k	£1.3m	£4.1m
Deferred income	£8.7k	£248k	£42.8k
Source	Accounts · bulk data Oct 2023	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 2.5%; Profit ÷ revenue.
Gross margin: 13.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £326k; Revenue ÷ average employees.
Profit per employee: £8.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 22.5%; 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: ▲174%; Now £716k
Cash at bank: ▼107505%; Now −£191k
Headcount: ▲93%; Now 56
Deferred income: ▼83%; Now £42.8k
Fixed assets: ▲19%; Now £1.2m

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

Russnick Group Limitedultimate parent75–100%
Merchants Only Limited75–100%
Upwood Distribution Limitedthis company

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

Sister companies (12)

Tiger Supplies LimitedRev. £19.3m · Profit £107k
Benferri Developments LimitedFigures not disclosed
Bumblebee Recycling LimitedFigures not disclosed
CHS Group LimitedFigures not disclosed
Estelle Wells LimitedFigures not disclosed
Fall Guard UK LimitedFigures not disclosed
LMP Group LimitedRev. — · Profit £1
LPB Homes Holdings LimitedFigures not disclosed
One Stop Group LimitedFigures not disclosed
Onepro Distribution Holdings LimitedFigures not disclosed
Penny Pot Hall Classics LimitedFigures not disclosed
Traffic Site Equipment LimitedFigures not disclosed

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 Jan 2025 (profit £455k), from the Companies House accounts bulk data published Oct 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.