United Wholesale Scotland has reported record turnover of £285m, driven by improving margin and relationships for retailers.
In the wholesaler’s results for the year ending 31 December 2024, turnover rose from more than £281m to the record figure, while gross profit rose from £25.4m to a record £26.9m.
Read more: United Wholesale (Scotland) completes Time Wholesale purchase
The company said: “This growth was achieved despite a highly competitive market and ongoing pressure on consumer spending.The directors are also pleased to report that our strategic focus on optimising the sales mix, enhancing customer and supplier relationships and using modern technology has led to operational improvements across the business. We remain committed to delivering value, fostering innovation and supporting our loyal customer base.”
The company recently completed its takeover of Time Wholesale and promised customers there will be no impact on service. A message on the company’s rebranded website said: Welcome to United Rainham, formerly Time Wholesale. Our name has changed, but you’ll enjoy the same trusted service.”
