Culina Group Limited
Registered name: CULINA GROUP LIMITED
Part of TM Corporate Holdings UK Limited groupCulina Group Limited made £186m revenue and £35.5m profit in the year to 31 Dec 2025.
Culina Group Limited’s revenue grew 22% to £186m in the year to 31 Dec 2025, with £35.5m profit and 34,267 employees. The company is classified under “activities of head offices” and is based in Market Drayton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Market Drayton
- Age
- 21 yrs · since 2005
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £88.3m | £105m | £153m | £186m |
| Cost of sales | −£41m | −£40.9m | −£48.5m | −£52m |
| Gross profit | £47.3m | £63.7m | £104m | £134m |
| Operating profit | −£12.8m | −£3.9m | £20.7m | £24m |
| Profit before tax | £5.7m | −£25.4m | −£1.6m | £41m |
| Profit after tax | £5.7m | −£23.5m | −£156k | £35.5m |
| Profit (best available) | £5.7m | −£23.5m | −£156k | £35.5m |
| Employees (average) | — | — | — | 34,267 |
| Ratios | ||||
| Profit margin | 6.5% | −22.5% | −0.1% | 19.1% |
| Gross margin | 53.6% | 60.9% | 68.2% | 72% |
| Revenue per employee | — | — | — | £5.4k |
| Profit per employee | — | — | — | £1k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲18.3% | ▲46.1% | ▲21.7% |
| Profit growth | — | ▼510.5% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | — | — | — | — |
| Source | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- 19.1%
- Profit ÷ revenue.
- Gross margin
- 72%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £5.4k
- Revenue ÷ average employees.
- Profit per employee
- £1k
- 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 34,267
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- TM Corporate Holdings UK Limitedultimate parent75–100%
- Culina Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (11)
- CML F & L [Telford] LtdFigures not disclosed
- Culina Asset Management LimitedFigures not disclosed
- Culina Logistics LimitedFigures not disclosed
- Foodpack LimitedLiquidationFigures not disclosed
- Fowler Welch LimitedFigures not disclosed
- Great Bear Distribution LimitedFigures not disclosed
- Great Bear Holdings LimitedFigures not disclosed
- Greenwhitestar Acquisitions LimitedFigures not disclosed
- Integrated Packing Services LimitedFigures not disclosed
- International Road Ferry LtdFigures not disclosed
- Warrens Warehousing Group LimitedFigures not disclosed
Sister companies (3)
- Muller Dairy (U.K.) LimitedFigures not disclosed
- Muller Service LimitedFigures not disclosed
- TM UK Production 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 £35.5m), 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.