Cartwright Bros. (Haulage) Limited
Registered name: CARTWRIGHT BROS. (HAULAGE) LIMITED
Cartwright Bros. (Haulage) Limited made £11.5m revenue and a £225k loss in the year to 28 Feb 2023.
Cartwright Bros. (Haulage) Limited’s revenue fell 1% to £11.5m in the year to 28 Feb 2023, with a loss of £225k and 103 employees. The company is classified under “freight transport by road” and is based in Birmingham; we hold 2 years of its filed accounts.
- Status
- In Administration
- Location
- Birmingham, West Midlands
- Age
- 64 yrs · since 1962
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £11.6m | £11.5m |
| Cost of sales | £9.8m | £9.9m |
| Gross profit | £1.8m | £1.7m |
| Operating profit | £1.4m | £396k |
| Profit before tax | £1.1m | −£28.1k |
| Profit after tax | £869k | −£225k |
| Profit (best available) | £869k | −£225k |
| Staff costs | £3.7m | £3.8m |
| Employees (average) | 109 | 103 |
| Ratios | ||
| Profit margin | 7.5% | −1.9% |
| Gross margin | 15.4% | 14.4% |
| Revenue per employee | £107k | £112k |
| Profit per employee | £8k | −£2.2k |
| Cash conversion | 74.6% | 275.9% |
| Growth (year on year) | ||
| Revenue growth | — | ▼1% |
| Profit growth | — | ▼125.9% |
| Headcount growth | — | ▼5.5% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £8.2k | £21.2k |
| Net assets | £3.4m | £3m |
| Fixed assets | £9m | £8.5m |
| Current assets | £3.2m | £4.2m |
| Debtors | £1.9m | £2m |
| Deferred income | £61.2k | £85.7k |
| Cash from operations | £1m | £1.1m |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 |
How the business works
- Profit margin
- −1.9%
- Profit ÷ revenue.
- Gross margin
- 14.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £112k
- Revenue ÷ average employees.
- Profit per employee
- −£2.2k
- Profit ÷ average employees.
- Cash conversion
- 275.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 74.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.7%
- 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
- ▼10%
- Now £3m
- Cash at bank
- ▲160%
- Now £21.2k
- Headcount
- ▼6%
- Now 103
- Deferred income
- ▲40%
- Now £85.7k
- Fixed assets
- ▼5%
- Now £8.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2023 (profit −£225k), from the Companies House accounts bulk data published Mar 2024. 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.