Moreco Group Limited

Active13537233Wholesale & retailIncorporated 29 Jul 2021 · Camberley

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

Dec 2022
£131.8m
Dec 2023
£141.6m▲ +7.4%
Dec 2024
£122.0m▼ -13.8%
Period endRevenueGrowthProfit before taxEmployeesNet assets
28 Dec 2024£122.0m▼ -13.8%-£6.2m997£15.6m
31 Dec 2023£141.6m▲ +7.4%-£20.4m1,157£26.1m
31 Dec 2022£131.8m—-£24.6m1,301-£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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