How much does United Retail & Sourcing Limited make?

United Retail & Sourcing Limited reported revenue of £10m and £1.1m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does United Retail & Sourcing Limited have?

United Retail & Sourcing Limited reported an average of 6 employees in the year to 31 Mar 2025.

Is United Retail & Sourcing Limited profitable?

Yes — United Retail & Sourcing Limited reported a profit of £1.1m in the year to 31 Mar 2025.

Company No. 06768801 · Incorporated 9 Dec 2008

United Retail & Sourcing Limited

Registered name: UNITED RETAIL & SOURCING LIMITED

United Retail & Sourcing Limited made £10m revenue and £1.1m profit in the year to 31 Mar 2025.

United Retail & Sourcing Limited’s revenue fell 17% to £10m in the year to 31 Mar 2025, with £1.1m profit and 6 employees. The company is classified under “wholesale of perfume and cosmetics” 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 46450Wholesale of perfume and cosmetics

Status: Active
Location: London, London
Age: 17 yrs · since 2008
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentSmall team

Revenue

£10m

Growth ▼17%

Profit

£1.1m

Growth ▼1.8%

Profit margin

11.3%

Gross 15.5%

Employees

Change 0%

Profit / employee

£189k

Revenue/employee £1.7m

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.

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)	£9m	£7.7m	£12.1m	£10m
Cost of sales	£7.5m	£7.1m	−£9.6m	−£8.5m
Gross profit	£1.5m	£671k	£2.4m	£1.6m
Operating profit	£568k	−£195k	£1.1m	£1m
Profit before tax	—	−£152k	£1.5m	£1.5m
Profit after tax	£644k	−£150k	£1.2m	£1.1m
Profit (best available)	£644k	−£150k	£1.2m	£1.1m
Staff costs	£268k	£160k	£213k	—
Employees (average)	4	5	6	6
Ratios
Profit margin	7.1%	−1.9%	9.6%	11.3%
Gross margin	16.7%	8.7%	20.3%	15.5%
Revenue per employee	£2.3m	£1.5m	£2m	£1.7m
Profit per employee	£161k	−£30k	£193k	£189k
Cash conversion	−173.3%	—	194.9%	—
Growth (year on year)
Revenue growth	—	▼14.2%	▲56.1%	▼17%
Profit growth	—	▼123.3%	—	▼1.8%
Headcount growth	—	▲25%	▲20%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£8.7m	£7.3m	£10.7m	—
Net assets	£7.9m	£7.7m	£8.9m	—
Current assets	£11m	£10.2m	£13.1m	—
Debtors	£842k	£956k	—	—
Cash from operations	−£985k	£957k	£2.2m	—
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Mar 2025	Accounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: 11.3%; Profit ÷ revenue.
Gross margin: 15.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.7m; Revenue ÷ average employees.
Profit per employee: £189k; 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.

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: —; Now —
Cash at bank: —; Now —
Headcount: 0%; Now 6
Deferred income: —; Now —
Fixed assets: —; Now —

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2025 (profit £1.1m), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.

Updated from Companies House on 14 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.