How much does H & M Distribution Limited make?

H & M Distribution Limited reported revenue of £31.8m and £2.9m profit in the year to 30 Jun 2023, according to its accounts filed at Companies House.

How many employees does H & M Distribution Limited have?

H & M Distribution Limited reported an average of 175 employees in the year to 30 Jun 2023.

Is H & M Distribution Limited profitable?

Yes — H & M Distribution Limited reported a profit of £2.9m in the year to 30 Jun 2023.

Company No. 01822916 · Incorporated 8 Jun 1984

H & M Distribution Limited

Registered name: H & M DISTRIBUTION LIMITED

Part of H&M Distribution Group Limited group

H & M Distribution Limited made £31.8m revenue and £2.9m profit in the year to 30 Jun 2023. read from filing text

H & M Distribution Limited’s revenue grew 9% to £31.8m in the year to 30 Jun 2023, with £2.9m profit and 175 employees. The company is classified under “freight transport by road” and is based in Warrington; we hold 2 years of its filed accounts.

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

Status: Active
Location: Warrington, North West
Age: 42 yrs · since 1984
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 30 Jun 2023

Key figures

Capital-lightOperating leverageBoring industry

Revenue

£31.8m

Growth ▲9.4%

Profit

£2.9m

Growth ▲37.3%

Profit margin

Gross 27.2%

Employees

175

Change ▲6.7%

Profit / employee

£16.4k

Revenue/employee £182k

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	30 Jun 2022	30 Jun 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£29m	£31.8m
Cost of sales	£21.5m	£23.1m
Gross profit	£7.6m	£8.6m
Operating profit	£2.7m	£3.5m
Profit before tax	£2.6m	£3.5m
Profit after tax	£2.1m	£2.9m
Profit (best available)	£2.1m	£2.9m
Staff costs	£6.7m	£7.5m
Employees (average)	164	175
Ratios
Profit margin	7.2%	9%
Gross margin	26%	27.2%
Revenue per employee	£177k	£182k
Profit per employee	£12.7k	£16.4k
Growth (year on year)
Revenue growth	—	▲9.4%
Profit growth	—	▲37.3%
Headcount growth	—	▲6.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£174k	£218k
Net assets	£1.5m	£3.2m
Fixed assets	£1.4m	£2.6m
Current assets	£7.2m	£8.2m
Debtors	£5m	£5.5m
Deferred income	£442k	£416k
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024

Derived from the latest filing

How the business works

Profit margin: 9%; Profit ÷ revenue.
Gross margin: 27.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £182k; Revenue ÷ average employees.
Profit per employee: £16.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 8.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.2%; 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: ▲110%; Now £3.2m
Cash at bank: ▲26%; Now £218k
Headcount: ▲7%; Now 175
Deferred income: ▼6%; Now £416k
Fixed assets: ▲86%; Now £2.6m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

H&M Distribution Group Limitedultimate parent75–100%
H & M Distribution Limitedthis company

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

Sister companies (2)

H&M Ventures LimitedRev. £0 · Profit £3.2m
H & M International Distribution LimitedFigures not disclosed

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2023 (profit £2.9m), from the Companies House accounts bulk data published Jan 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.