How much does United Pallet Network (UK) Limited make?

United Pallet Network (UK) Limited reported revenue of £15.9m and £3m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does United Pallet Network (UK) Limited have?

United Pallet Network (UK) Limited reported an average of 112 employees in the year to 31 Mar 2025.

Is United Pallet Network (UK) Limited profitable?

Yes — United Pallet Network (UK) Limited reported a profit of £3m in the year to 31 Mar 2025.

Company No. 04089198 · Incorporated 12 Oct 2000

United Pallet Network (UK) Limited

Registered name: UNITED PALLET NETWORK (UK) LIMITED

Part of March (Holdings) Limited group

United Pallet Network (UK) Limited made £15.9m revenue and £3m profit in the year to 31 Mar 2025.

United Pallet Network (UK) Limited’s revenue grew 18% to £15.9m in the year to 31 Mar 2025, with £3m profit and 112 employees. The company is classified under “freight transport by road” and is based in Leicester; we hold 4 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road

Status: Active
Location: Leicester, East Midlands
Age: 26 yrs · since 2000
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 Mar 2025

Key figures

Capital-lightOperating leverageBoring industry

Revenue

£15.9m

Growth ▲18.2%

Profit

£3m

Growth ▲44.9%

Profit margin

18.8%

Gross 75.3%

Employees

112

Change ▲4.7%

Profit / employee

£26.8k

Revenue/employee £142k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£13.7m	£14.1m	£13.5m	£15.9m
Cost of sales	£3.5m	£3.5m	£3.6m	£3.9m
Gross profit	£10.2m	£10.6m	£9.9m	£12m
Operating profit	£4.8m	£5m	£2.7m	£4m
Profit before tax	£4.8m	£5m	£2.8m	£4.1m
Profit after tax	£3.9m	£4m	£2.1m	£3m
Profit (best available)	£3.9m	£4m	£2.1m	£3m
Staff costs	£4.9m	£4.7m	£5.6m	£6.6m
Employees (average)	107	108	107	112
Ratios
Profit margin	28.4%	28.5%	15.4%	18.8%
Gross margin	74.5%	75.3%	73%	75.3%
Revenue per employee	£128k	£131k	£126k	£142k
Profit per employee	£36.3k	£37.3k	£19.4k	£26.8k
Growth (year on year)
Revenue growth	—	▲3.3%	▼4.4%	▲18.2%
Profit growth	—	▲3.8%	▼48.5%	▲44.9%
Headcount growth	—	▲0.9%	▼0.9%	▲4.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.8m	£2.8m	£2.9m	£4.1m
Net assets	£4.4m	£4.4m	£4m	£5.1m
Fixed assets	£902k	£643k	£439k	£527k
Current assets	£7.8m	£7.4m	£7.3m	£9.2m
Debtors	£3.3m	£3.4m	£3.1m	£4.2m
Deferred income	£1.7m	£1m	£950k	£1.3m
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: 18.8%; Profit ÷ revenue.
Gross margin: 75.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £142k; Revenue ÷ average employees.
Profit per employee: £26.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 8.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 26.1%; 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: ▲27%; Now £5.1m
Cash at bank: ▲45%; Now £4.1m
Headcount: ▲5%; Now 112
Deferred income: ▲39%; Now £1.3m
Fixed assets: ▲20%; Now £527k

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

March (Holdings) Limitedultimate parent75–100%
United Pallet Network (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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £3m), 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.