How much does Carousel Logistics Limited make?

Carousel Logistics Limited reported revenue of £38.6m and £3.5m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Carousel Logistics Limited have?

Carousel Logistics Limited reported an average of 163 employees in the year to 31 Dec 2024.

Is Carousel Logistics Limited profitable?

Yes — Carousel Logistics Limited reported a profit of £3.5m in the year to 31 Dec 2024.

Company No. 01908712 · Incorporated 26 Apr 1985

Carousel Logistics Limited

Registered name: CAROUSEL LOGISTICS LIMITED

Part of Carousel Logistics Holdings Limited group

Carousel Logistics Limited made £38.6m revenue and £3.5m profit in the year to 31 Dec 2024. read from filing text

Carousel Logistics Limited’s revenue was £38.6m in the year to 31 Dec 2024, with £3.5m profit and 163 employees. The company is classified under “freight transport by road” and is based in Sittingbourne; we hold 4 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road SIC 51210Freight air transport SIC 52103Operation of warehousing and storage facilities for land transport activities

Status: Active
Location: Sittingbourne, South East
Age: 41 yrs · since 1985
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. From the filing: “The smallest and largest group for which consolidated accounts are prepared and in which the company's results are included is AX VI INV5 Holding ApS, a private company limited by shares and incorpora”

Latest accounts · year to 31 Dec 2024

Key figures

Boring industry

Revenue

£38.6m

Growth ▲0%

Profit

£3.5m

Growth ▼22.4%

Profit margin

Gross 14.3%

Employees

163

Change ▲8.7%

Profit / employee

£21.3k

Revenue/employee £237k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£23.7m	£33.8m	£38.6m	£38.6m
Cost of sales	£22.5m	£30.6m	£35.3m	£33m
Gross profit	£1.2m	£3.2m	£3.2m	£5.5m
Operating profit	£5.6m	£6.6m	£5.7m	£2m
Profit before tax	£5m	£6.2m	£5.5m	£4.6m
Profit after tax	£4.2m	£5.2m	£4.5m	£3.5m
Profit (best available)	£4.2m	£5.2m	£4.5m	£3.5m
Staff costs	£7.1m	—	—	—
Employees (average)	142	144	150	163
Ratios
Profit margin	17.6%	15.4%	11.6%	9%
Gross margin	5.2%	9.3%	8.4%	14.3%
Revenue per employee	£167k	£235k	£257k	£237k
Profit per employee	£29.5k	£36.2k	£29.8k	£21.3k
Growth (year on year)
Revenue growth	—	▲42.5%	▲14.2%	▲0%
Profit growth	—	▲24.6%	▼14.3%	▼22.4%
Headcount growth	—	▲1.4%	▲4.2%	▲8.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£382k	£1.7m	£131k	£397k
Net assets	£11.5m	£16.7m	£21.2m	£25.1m
Fixed assets	£11.4m	£11.9m	£11.4m	£22.4m
Current assets	£19.6m	£23.4m	£26.8m	£44.1m
Debtors	£2.9m	£4.5m	£5.1m	£4.5m
Deferred income	£1.8m	£2.1m	£1.4m	£845k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: 9%; Profit ÷ revenue.
Gross margin: 14.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £237k; Revenue ÷ average employees.
Profit per employee: £21.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 58.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.6%; 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: ▲19%; Now £25.1m
Cash at bank: ▲204%; Now £397k
Headcount: ▲9%; Now 163
Deferred income: ▼39%; Now £845k
Fixed assets: ▲96%; Now £22.4m

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

Carousel Logistics Holdings Limitedultimate parent75–100%
Carousel Logistics Limitedthis company

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

Subsidiaries (1)

Logik Group LimitedRev. — · Profit £131k

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £3.5m), from the Companies House accounts bulk data published Jun 2026. 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.