Liverpool liquids storage specialist UM Terminals reports rise in annual revenues to £17.5m and pays £3m in dividends to its Belfast-based owners. Tony McDonough reports
UM Terminals has paid its Belfast-based owners £3m in dividends after seeing a rise in annual revenues from its Liverpool, Hull and Bristol operations.
Based in Liverpool’s north docks, close to Everton FC’s Hill Dickinson Stadium, UM Terminals specialises in the storage of bulk liquids, including chemicals, industrial oils, vegetable oils, fertiliser and key growth areas of biofuels and biofuel feedstocks.
In its accounts for the 12 months to July 31, 2025, posted on Companies House, UM revealed a 3% rise in revenues to £17.5m. However, pre-tax profits fell from just under £5m last year to £4.5m.
In its annual report the business said: “The company reported a higher turnover than the prior year due to increased tank occupancy.
“This was offset by an increase in operating expenses which meant the company reported a lower operating profit than the prior year. The total storage capacity was consistent with the prior year.”
A subsidiary of Belfast-based United Molasses Group, UM employs around 60 people. As well as its base at the Port of Liverpool the firm also operates multiple terminals at other UK port locations including Hull and Portbury close to Bristol.
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It offers its customers a total of 265,000 cubic metres of storage capacity. Over the past few years it has made a number of investments at the Liverpool site. These have included the introduction of dual dock loading with customers now able to load and discharge cargo at Huskisson Dock and Canada Dock.
UM has also invested in transferring across to low carbon tank heating technology, part of its wider sustainability strategy. This includes the introduction of industrial ground and water source heat pumps to support the reduction in its carbon footprint.