How much does Menzies World Cargo Limited make?

Menzies World Cargo Limited reported revenue of £21.1m and £2.5m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Menzies World Cargo Limited have?

Menzies World Cargo Limited reported an average of 170 employees in the year to 31 Dec 2023.

Is Menzies World Cargo Limited profitable?

Yes — Menzies World Cargo Limited reported a profit of £2.5m in the year to 31 Dec 2023.

Company No. 00967608 · Incorporated 4 Dec 1969

Menzies World Cargo Limited

Registered name: MENZIES WORLD CARGO LIMITED

Part of John Menzies Limited group

Menzies World Cargo Limited made £21.1m revenue and £2.5m profit in the year to 31 Dec 2023. read from filing text

Menzies World Cargo Limited’s revenue grew 27% to £21.1m in the year to 31 Dec 2023, with £2.5m profit and 170 employees. The company is classified under “freight transport by road” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road

Status: Active
Location: London, London
Age: 56 yrs · since 1969
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2023

Key figures

Operating leverageBoring industry

Revenue

£21.1m

Growth ▲26.9%

Profit

£2.5m

Growth ▲89.2%

Profit margin

11.6%

Employees

170

Change ▲9%

Profit / employee

£14.4k

Revenue/employee £124k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£16.6m	£21.1m
Operating profit	£2m	£4.2m
Profit before tax	£1.3m	£2.5m
Profit (best available)	£1.3m	£2.5m
Staff costs	£7m	£8.4m
Employees (average)	156	170
Ratios
Profit margin	7.8%	11.6%
Revenue per employee	£107k	£124k
Profit per employee	£8.3k	£14.4k
Growth (year on year)
Revenue growth	—	▲26.9%
Profit growth	—	▲89.2%
Headcount growth	—	▲9%
Balance sheet — indirect signals, not revenue
Cash at bank	£84k	£107k
Net assets	−£19.6m	−£17.5m
Fixed assets	£12.6m	£9.5m
Current assets	£2.5m	£5.7m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 11.6%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £124k; Revenue ÷ average employees.
Profit per employee: £14.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 44.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: —; Now −£17.5m
Cash at bank: ▲27%; Now £107k
Headcount: ▲9%; Now 170
Deferred income: —; Now —
Fixed assets: ▼25%; Now £9.5m

Corporate ownership

Group structure

Ownership chain

John Menzies Limitedultimate parent75–100%
Menzies Group Holdings Limited75–100%
Menzies Aviation Holdings Limited75–100%
Menzies Aviation Limited75–100%
Menzies World Cargo Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

The London Cargo Centre LimitedFigures not disclosed

Sister companies (12)

Menzies Aviation (UK) LimitedRev. £171m · Profit −£5.9m
Air Menzies International LimitedRev. £45.3m · Profit £1.4m
London Cargo Group LimitedFigures not disclosed
Mag Nominees LimitedFigures not disclosed
Manchester Cargo Centre LimitedFigures not disclosed
Menzies Aviation (Luton) LimitedFigures not disclosed
Menzies Aviation (NL) LimitedRev. — · Profit £993k
Menzies Aviation (Santo Domingo) LimitedRev. — · Profit £732k
Ogden Cargo LimitedFigures not disclosed
Skyport Handling LimitedFigures not disclosed
Southampton Airport Cargo Services LimitedFigures not disclosed
Wyng Group LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £2.5m), from the Companies House accounts bulk data published Sep 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.