United Molasses Group Limited
Registered name: UNITED MOLASSES GROUP LIMITED
Part of W&R Barnett Holdings Limited groupUnited Molasses Group Limited made £218m revenue and £17m profit in the year to 31 Jul 2025.
United Molasses Group Limited’s revenue fell 15% to £218m in the year to 31 Jul 2025, with £17m profit and 220 employees. The company is classified under “activities of head offices” and is based in Belfast; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 15 yrs · since 2010
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £307m | £256m | £218m |
| Cost of sales | −£248m | −£196m | −£154m |
| Gross profit | £58.7m | £60.5m | £64.4m |
| Operating profit | £20.1m | £21.5m | £22.1m |
| Profit before tax | £19.1m | £20.5m | £21.8m |
| Profit after tax | £15.9m | £15.7m | £17m |
| Profit (best available) | £15.9m | £15.7m | £17m |
| Employees (average) | 200 | 205 | 220 |
| Ratios | |||
| Profit margin | 5.2% | 6.1% | 7.8% |
| Gross margin | 19.1% | 23.6% | 29.5% |
| Revenue per employee | £1.5m | £1.2m | £993k |
| Profit per employee | £79.3k | £76.5k | £77.2k |
| Growth (year on year) | |||
| Revenue growth | — | ▼16.6% | ▼14.8% |
| Profit growth | — | ▼1.1% | ▲8.3% |
| Headcount growth | — | ▲2.5% | ▲7.3% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Apr 2025 | Accounts · bulk data Apr 2025 | Accounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 7.8%
- Profit ÷ revenue.
- Gross margin
- 29.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £993k
- Revenue ÷ average employees.
- Profit per employee
- £77.2k
- 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
- —
- 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
- ▲7%
- Now 220
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- W&R Barnett Holdings Limitedultimate parent50–75%
- W.& R. Barnett, Limited75–100%
- Ceres 2012 Limited75–100%
- United Molasses Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (5)
- Advanced Liquid Feeds LimitedFigures not disclosed
- Um Storage LimitedFigures not disclosed
- United Molasses GB LimitedFigures not disclosed
- United Molasses Marketing LimitedFigures not disclosed
- United Molasses Trading LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Jul 2025 (profit £17m), from the Companies House accounts bulk data published Apr 2026. 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.