Universal Music Operations Limited
Registered name: UNIVERSAL MUSIC OPERATIONS LIMITED
Part of Universal Music Group N.V. groupUniversal Music Operations Limited made £668m revenue and a £23.4m loss in the year to 31 Dec 2025.
Universal Music Operations Limited’s revenue grew 1% to £668m in the year to 31 Dec 2025, with a loss of £23.4m. The company is classified under “other service activities” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 57 yrs · since 1969
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £673m | £663m | £668m |
| Cost of sales | −£428m | −£463m | −£441m |
| Gross profit | £245m | £200m | £227m |
| Operating profit | £49.9m | £53.2m | £54.1m |
| Profit before tax | −£36.6m | −£28.6m | −£28.4m |
| Profit after tax | −£34.9m | −£22.7m | −£23.4m |
| Profit (best available) | −£34.9m | −£22.7m | −£23.4m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | −5.2% | −3.4% | −3.5% |
| Gross margin | 36.4% | 30.2% | 34% |
| Growth (year on year) | |||
| Revenue growth | — | ▼1.4% | ▲0.7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Aug 2025 | Accounts · bulk data Aug 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- −3.5%
- Profit ÷ revenue.
- Gross margin
- 34%
- 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
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Universal Music Group N.V. (registered outside the UK register)ultimate parent75–100%
- Universal Music Holdings Limited75–100%
- Universal Music (UK) Holdings Limited75–100%
- Universal Music Leisure Limited75–100%
- Universal Music Operations Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (17)
- All Around the World LimitedRev. £8.4m · Profit £3.3m
- Composed Technology International LimitedFigures not disclosed
- Hyperion Records LimitedFigures not disclosed
- Jard LimitedFigures not disclosed
- Naughty Records LimitedFigures not disclosed
- One Mode Productions LimitedFigures not disclosed
- Outdustry LimitedFigures not disclosed
- Real World Recordings LtdFigures not disclosed
- Rg2016 LimitedFigures not disclosed
- S Club Entertainment LimitedFigures not disclosed
- Stiff Records LimitedFigures not disclosed
- Universal Music (CR) LimitedFigures not disclosed
- Universal Music (D1) LimitedFigures not disclosed
- Universal Music (DJ) LimitedFigures not disclosed
- Universal Music (WT) LimitedFigures not disclosed
- Vice Versa LimitedFigures not disclosed
- ZTT Records LimitedFigures not disclosed
Sister companies (14)
- A & M Records LimitedFigures not disclosed
- Decca Music Group LimitedFigures not disclosed
- Globe Productions LimitedFigures not disclosed
- Go! Discs LimitedFigures not disclosed
- Island Records LimitedFigures not disclosed
- Mercury Records LimitedFigures not disclosed
- Polydor LimitedFigures not disclosed
- Systemtactic LimitedFigures not disclosed
- Universal Music Group International LimitedFigures not disclosed
- Universal Music Publishing Europe LimitedFigures not disclosed
- Universal Music Publishing International LimitedFigures not disclosed
- Universal Music Publishing LimitedFigures not disclosed
- Universal Music UK LimitedFigures not disclosed
- Universal/Dick James Music LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£23.4m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 20 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.