How much does Off-Piste Wines Limited make?

Off-Piste Wines Limited reported revenue of £64.5m and £3.8m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Off-Piste Wines Limited have?

Off-Piste Wines Limited reported an average of 48 employees in the year to 31 Mar 2025.

Is Off-Piste Wines Limited profitable?

Yes — Off-Piste Wines Limited reported a profit of £3.8m in the year to 31 Mar 2025.

Company No. 05885139 · Incorporated 24 Jul 2006

Off-Piste Wines Limited

Registered name: OFF-PISTE WINES LIMITED

Part of Terold UK Ltd group

Off-Piste Wines Limited made £64.5m revenue and £3.8m profit in the year to 31 Mar 2025. read from filing text

Off-Piste Wines Limited’s revenue was £64.5m in the year to 31 Mar 2025, with £3.8m profit and 48 employees. The company is classified under “agents involved in the sale of food, beverages and tobacco” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46170Agents involved in the sale of food, beverages and tobacco

Status: Active
Location: London, London
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. From the filing: “The controlling party is Off-Piste Brands Ltd, the parent company. Off-Piste Brands Ltd is a company incorporated in the United Kingdom and registered in England and Wales.”

Latest accounts · year to 31 Mar 2025

Key figures

Revenue

£64.5m

Growth ▲0.4%

Profit

£3.8m

Growth ▼0.7%

Profit margin

Gross 17.2%

Employees

Change ▲17.1%

Profit / employee

£80.2k

Revenue/employee £1.3m

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&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£48.3m	£60.1m	£64.3m	£64.5m
Cost of sales	£40.1m	£51.2m	£54.1m	£53.4m
Gross profit	£8.2m	£9m	£10.2m	£11.1m
Operating profit	£4.2m	£3.6m	£4.7m	£4.8m
Profit before tax	£4.2m	£3.6m	£4.7m	£4.8m
Profit after tax	£3.9m	£3m	£3.9m	£3.8m
Profit (best available)	£3.9m	£3m	£3.9m	£3.8m
Staff costs	£2.7m	£2.9m	£3.1m	£3.2m
Employees (average)	35	40	41	48
Ratios
Profit margin	8.1%	5.1%	6%	6%
Gross margin	17%	14.9%	15.8%	17.2%
Revenue per employee	£1.4m	£1.5m	£1.6m	£1.3m
Profit per employee	£112k	£76.2k	£94.5k	£80.2k
Growth (year on year)
Revenue growth	—	▲24.4%	▲6.9%	▲0.4%
Profit growth	—	▼22.3%	▲27.1%	▼0.7%
Headcount growth	—	▲14.3%	▲2.5%	▲17.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.9m	£1.4m	£7.7m	£1.2m
Net assets	£12.7m	£14.9m	£15.6m	£15.5m
Fixed assets	£4k	£2k	£0	—
Current assets	£20.6m	£28.4m	£28.3m	£26.8m
Debtors	£7.7m	£10.1m	£10.5m	£11.2m
Deferred income	£1.8m	£1.8m	£1.9m	£1.5m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 6%; Profit ÷ revenue.
Gross margin: 17.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.3m; Revenue ÷ average employees.
Profit per employee: £80.2k; 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: 2.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.3%; 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: ▼1%; Now £15.5m
Cash at bank: ▼84%; Now £1.2m
Headcount: ▲17%; Now 48
Deferred income: ▼22%; Now £1.5m
Fixed assets: —; Now —

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

Terold UK Ltdultimate parent75–100%
Off-Piste Brands Ltd75–100%
Off-Piste Wines 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).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £3.8m), from the Companies House accounts bulk data published Dec 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.