Moreco Group Limited
The principal activity of the Company is the provision of a curated selection of sustainable, refill focused products, delivered to customer doorsteps by 7am in the morning. The range they offer covers milk, milk alternatives and a variety of other grocery and home products. The mission is to provide UK consumers convenience coupled with eco-friendly options for regular, recurring orders as well as one-off top-up orders. The concept of regular deliveries on localised, optimised routes helps drive down both food waste and unnecessary food miles, and is delivered via our own vehicles including a fleet of electric vehicles.
Revenue
£122.0m
▼ -13.8% vs prior ~12m period
Profit after tax
-£8.1m
Margin -4.3%
Employees
997
▼ -13.8% vs prior ~12m period
Net assets
£15.6m
Total assets £38.5m
Financial history
Revenue by accounting period
3 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 28 Dec 2024 | £122.0m | ▼ -13.8% | -£6.2m | 997 | £15.6m |
| 31 Dec 2023 | £141.6m | ▲ +7.4% | -£20.4m | 1,157 | £26.1m |
| 31 Dec 2022 | £131.8m | — | -£24.6m | 1,301 | -£3.6m |
Latest available figures
Period ending 28 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
These are the most recent accounts available to us; more recent accounts may exist at Companies House.
Profit & loss
- Revenue
- £122.0m
- Gross profit
- £77.9m
- Operating profit
- -£5.3m
- Profit before tax
- -£6.2m
- Profit after tax
- -£8.1m
Balance sheet
- Total assets
- £38.5m
- Cash
- £992k
- Total liabilities
- £22.9m
- Net assets
- £15.6m
- Revenue per employee
- £122k
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