United Wholesale Grocers Limited
Registered name: UNITED WHOLESALE GROCERS LIMITED
Part of United Holdings Uk Ltd groupUnited Wholesale Grocers Limited made £221m revenue and £5.8m profit in the year to 31 Dec 2024.
United Wholesale Grocers Limited’s revenue fell 2% to £221m in the year to 31 Dec 2024, with £5.8m profit and 233 employees. The company is classified under “wholesale of wine, beer, spirits and other alcoholic beverages” and is based in Glasgow; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 44 yrs · since 1982
- 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: “United Holdings UK Ltd”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £221m | £218m | £226m | £221m |
| Cost of sales | £205m | £201m | £208m | £202m |
| Gross profit | £16.1m | £16.9m | £18.8m | £18.6m |
| Operating profit | — | £4.8m | £6.1m | £6.8m |
| Profit before tax | £7.3m | £5.1m | £7m | £7.8m |
| Profit after tax | £5.9m | £3.6m | £4.8m | £5.8m |
| Profit (best available) | £5.9m | £3.6m | £4.8m | £5.8m |
| Staff costs | £5m | £6.9m | £8.1m | £6.6m |
| Employees (average) | 210 | 224 | 233 | 233 |
| Ratios | ||||
| Profit margin | 2.7% | 1.7% | 2.1% | 2.6% |
| Gross margin | 7.3% | 7.8% | 8.3% | 8.4% |
| Revenue per employee | £1.1m | £973k | £971k | £949k |
| Profit per employee | £28.2k | £16.3k | £20.7k | £25.1k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼1.5% | ▲3.8% | ▼2.3% |
| Profit growth | — | ▼38.5% | ▲32.4% | ▲21.1% |
| Headcount growth | — | ▲6.7% | ▲4% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £17.9m | £19.1m | £20.7m | £18.8m |
| Net assets | £24.6m | £27.7m | £32.3m | £37.9m |
| Fixed assets | £3.6m | £3.4m | £3.5m | £3.6m |
| Current assets | £49.9m | £57.4m | £60m | £65.9m |
| Debtors | £4.9m | £5.9m | £7m | £5.7m |
| Deferred income | — | £2.6m | £4.7m | — |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- 8.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £949k
- Revenue ÷ average employees.
- Profit per employee
- £25.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.6%
- Money owed by customers. Low = customers pay quickly.
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
- ▲17%
- Now £37.9m
- Cash at bank
- ▼9%
- Now £18.8m
- Headcount
- 0%
- Now 233
- Deferred income
- —
- Now —
- Fixed assets
- ▲0%
- Now £3.6m
Group structure
Ownership chain
- United Holdings Uk Ltd (registered outside the UK register)ultimate parent75–100%
- United Wholesale Grocers 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).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £5.8m), from the Companies House accounts bulk data published Nov 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.