How much does Origin Wine Limited make?

Origin Wine Limited reported revenue of £26.7m and £667k profit in the year to 30 Jun 2024, according to its accounts filed at Companies House.

How many employees does Origin Wine Limited have?

Origin Wine Limited reported an average of 10 employees in the year to 30 Jun 2024.

Is Origin Wine Limited profitable?

Yes — Origin Wine Limited reported a profit of £667k in the year to 30 Jun 2024.

Company No. 05133477 · Incorporated 20 May 2004

Origin Wine Limited

Registered name: ORIGIN WINE LIMITED

Origin Wine Limited made £26.7m revenue and £667k profit in the year to 30 Jun 2024.

Origin Wine Limited’s revenue fell 19% to £26.7m in the year to 30 Jun 2024, with £667k profit and 10 employees. The company is classified under “wholesale of wine, beer, spirits and other alcoholic beverages” and is based in Banbury; we hold 2 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

Status: Active
Location: Banbury, South East
Age: 22 yrs · since 2004
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: “O.G.H. Ltd”

Latest accounts · year to 30 Jun 2024

Key figures

Capital-lightCash flow filed

Revenue

£26.7m

Growth ▼19.3%

Profit

£667k

Growth ▲94.1%

Profit margin

2.5%

Gross 14.2%

Employees

Change ▲11.1%

Profit / employee

£66.7k

Revenue/employee £2.7m

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2023	30 Jun 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£33.1m	£26.7m
Cost of sales	£29.7m	£22.9m
Gross profit	£3.4m	£3.8m
Operating profit	£780k	£1.3m
Profit before tax	£403k	£892k
Profit after tax	£343k	£667k
Profit (best available)	£343k	£667k
Staff costs	£937k	£994k
Employees (average)	9	10
Ratios
Profit margin	1%	2.5%
Gross margin	10.2%	14.2%
Revenue per employee	£3.7m	£2.7m
Profit per employee	£38.2k	£66.7k
Cash conversion	186.5%	195.4%
Growth (year on year)
Revenue growth	—	▼19.3%
Profit growth	—	▲94.1%
Headcount growth	—	▲11.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£347k	£291k
Net assets	£4.9m	£5.6m
Fixed assets	£837k	£794k
Current assets	£25.8m	£12.4m
Debtors	£5.9m	£3.8m
Deferred income	£408k	£204k
Cash from operations	£1.5m	£2.5m
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: 2.5%; Profit ÷ revenue.
Gross margin: 14.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2.7m; Revenue ÷ average employees.
Profit per employee: £66.7k; Profit ÷ average employees.
Cash conversion: 195.4%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.3%; 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: ▲14%; Now £5.6m
Cash at bank: ▼16%; Now £291k
Headcount: ▲11%; Now 10
Deferred income: ▼50%; Now £204k
Fixed assets: ▼5%; Now £794k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2024 (profit £667k), from the Companies House accounts bulk data published Dec 2024. 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.