How much does Drinksology Limited make?

Drinksology Limited reported revenue of £22.6m and a loss of £2m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Drinksology Limited have?

Drinksology Limited reported an average of 50 employees in the year to 31 Dec 2024.

Is Drinksology Limited profitable?

No — Drinksology Limited reported a loss of £2m in the year to 31 Dec 2024.

Company No. NI648509 · Incorporated 6 Oct 2017

Drinksology Limited

Registered name: DRINKSOLOGY LIMITED

Part of Drinksology Holdco Limited group

Drinksology Limited made £22.6m revenue and a £2m loss in the year to 31 Dec 2024.

Drinksology Limited’s revenue was £22.6m in the year to 31 Dec 2024, with a loss of £2m and 50 employees. The company is classified under “wholesale of wine, beer, spirits and other alcoholic beverages” and is based in Belfast; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46342Wholesale of wine, beer, spirits and other alcoholic beverages SIC 74100specialised design activities

Status: Active
Location: Belfast, Northern Ireland
Age: 9 yrs · since 2017
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: “Kirker Greer (Holdings) Limited.”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightCash flow filed

Revenue

£22.6m

Growth —

Profit

−£2m

Growth —

Profit margin

−8.7%

Gross 22.9%

Employees

Change —

Profit / employee

−£39.2k

Revenue/employee £451k

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 to	31 Oct 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£17.2m	£20.6m	£22.6m
Cost of sales	£14.2m	£17.1m	£17.4m
Gross profit	£3m	£3.6m	£5.2m
Operating profit	£99.9k	−£497k	£64.7k
Profit before tax	£4.6k	−£1.8m	−£2m
Profit after tax	£15.2k	−£1.8m	−£2m
Profit (best available)	£15.2k	−£1.8m	−£2m
Staff costs	£1.4m	£2.1m	£2.9m
Employees (average)	41	43	50
Ratios
Profit margin	0.1%	−8.8%	−8.7%
Gross margin	17.3%	17.2%	22.9%
Revenue per employee	£419k	£479k	£451k
Profit per employee	£371	−£42k	−£39.2k
Cash conversion	307.8%	—	−591.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£201k	£440k	£4.8m
Net assets	£580k	−£1.2m	£1.5m
Fixed assets	£688k	£1.1m	£1.2m
Current assets	£7.8m	£11.8m	£19.9m
Debtors	£2.7m	£2.8m	£4m
Deferred income	£490k	£93k	£1.1m
Cash from operations	£308k	−£5.7m	−£383k
Source	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −8.7%; Profit ÷ revenue.
Gross margin: 22.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £451k; Revenue ÷ average employees.
Profit per employee: −£39.2k; Profit ÷ average employees.
Cash conversion: −591.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.8%; 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: —; Now £1.5m
Cash at bank: —; Now £4.8m
Headcount: —; Now 50
Deferred income: —; Now £1.1m
Fixed assets: —; 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

Drinksology Holdco Limitedultimate parent75–100%
Drinksology 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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£2m), 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.