How much does Venus Wine & Spirit Merchants Limited make?

Venus Wine & Spirit Merchants Limited reported revenue of £111m and £4.3m profit in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does Venus Wine & Spirit Merchants Limited have?

Venus Wine & Spirit Merchants Limited reported an average of 125 employees in the year to 30 Sep 2023.

Is Venus Wine & Spirit Merchants Limited profitable?

Yes — Venus Wine & Spirit Merchants Limited reported a profit of £4.3m in the year to 30 Sep 2023.

Company No. 05689256 · Incorporated 27 Jan 2006

Venus Wine & Spirit Merchants Limited

Registered name: VENUS WINE & SPIRIT MERCHANTS LIMITED

Part of Tesco PLC group

Venus Wine & Spirit Merchants Limited made £111m revenue and £4.3m profit in the year to 30 Sep 2023.

Venus Wine & Spirit Merchants Limited’s revenue grew 12% to £111m in the year to 30 Sep 2023, with £4.3m profit and 125 employees. The company is classified under “wholesale of wine, beer, spirits and other alcoholic beverages” and is based in Wellingborough; 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: Wellingborough, East Midlands
Age: 20 yrs · since 2006
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 30 Sep 2023

Key figures

Capital-lightCash flow filed

Revenue

£111m

Growth ▲12.4%

Profit

£4.3m

Growth ▲2.3%

Profit margin

3.9%

Gross 15.8%

Employees

125

Change ▲1.6%

Profit / employee

£34.4k

Revenue/employee £891k

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 Sep 2022	30 Sep 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£99.1m	£111m
Cost of sales	£84.4m	£93.8m
Gross profit	£14.7m	£17.6m
Operating profit	£5.3m	£5.4m
Profit before tax	£5.3m	£5.6m
Profit after tax	£4.2m	£4.3m
Profit (best available)	£4.2m	£4.3m
Staff costs	£4.7m	£6.4m
Employees (average)	123	125
Ratios
Profit margin	4.3%	3.9%
Gross margin	14.9%	15.8%
Revenue per employee	£806k	£891k
Profit per employee	£34.2k	£34.4k
Cash conversion	56.1%	51%
Growth (year on year)
Revenue growth	—	▲12.4%
Profit growth	—	▲2.3%
Headcount growth	—	▲1.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.1m	£6.4m
Net assets	£7.8m	£11.1m
Fixed assets	£2.2m	£2.4m
Current assets	£19.7m	£20.7m
Debtors	£8.5m	£8.1m
Deferred income	£1.4m	£1.6m
Cash from operations	£3m	£2.8m
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: 3.9%; Profit ÷ revenue.
Gross margin: 15.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £891k; Revenue ÷ average employees.
Profit per employee: £34.4k; Profit ÷ average employees.
Cash conversion: 51%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.2%; 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: ▲43%; Now £11.1m
Cash at bank: ▲26%; Now £6.4m
Headcount: ▲2%; Now 125
Deferred income: ▲9%; Now £1.6m
Fixed assets: ▲7%; Now £2.4m

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

Tesco PLCultimate parent75–100%
Tesco Holdings Limited75–100%
Booker Group Limited75–100%
Booker Wholesale Holdings Limited75–100%
Booker Limited75–100%
Venus Wine & Spirit Merchants 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

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2023 (profit £4.3m), from the Companies House accounts bulk data published Mar 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.