Newport Transport Limited
Registered name: NEWPORT TRANSPORT LIMITED
Part of Newport City Council groupNewport Transport Limited made £13.1m revenue and £645k profit in the year to 31 Mar 2024. read from filing text
Newport Transport Limited’s revenue grew 42% to £13.1m in the year to 31 Mar 2024, with £645k profit and 234 employees. The company is classified under “other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)” and is based in Gwent; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Gwent, Wales
- Age
- 40 yrs · since 1986
- 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 ultimate parent company is Newport City Council, which owns 100% of the share capital. Copies of the group accounts can be obtained from Newport City Council, Civic Centre, Newport, NP10 4UR.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £6.7m | £9.2m | £13.1m |
| Cost of sales | £5.9m | £8.2m | £12.2m |
| Gross profit | £772k | £1.1m | £896k |
| Operating profit | £927k | £1.2m | £746k |
| Profit before tax | £851k | £1.1m | £884k |
| Profit after tax | £976k | £872k | £645k |
| Profit (best available) | £976k | £872k | £645k |
| Staff costs | £5.8m | £8.6m | £10.5m |
| Employees (average) | 187 | 198 | 234 |
| Ratios | |||
| Profit margin | 14.6% | 9.4% | 4.9% |
| Gross margin | 11.6% | 11.6% | 6.9% |
| Revenue per employee | £35.6k | £46.6k | £55.9k |
| Profit per employee | £5.2k | £4.4k | £2.8k |
| Cash conversion | −298.3% | −404.2% | 31.9% |
| Growth (year on year) | |||
| Revenue growth | — | ▲38.6% | ▲41.8% |
| Profit growth | — | ▼10.7% | ▼26.1% |
| Headcount growth | — | ▲5.9% | ▲18.2% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.5m | £2.7m | £5.6m |
| Net assets | £3.7m | £4.7m | £5.3m |
| Fixed assets | £10.5m | £13m | £16m |
| Current assets | £3.6m | £5.1m | — |
| Debtors | £236k | £253k | £285k |
| Cash from operations | −£2.8m | −£4.8m | £238k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 4.9%
- Profit ÷ revenue.
- Gross margin
- 6.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £55.9k
- Revenue ÷ average employees.
- Profit per employee
- £2.8k
- Profit ÷ average employees.
- Cash conversion
- 31.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 122%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.2%
- 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
- ▲14%
- Now £5.3m
- Cash at bank
- ▲105%
- Now £5.6m
- Headcount
- ▲18%
- Now 234
- Deferred income
- —
- Now —
- Fixed assets
- ▲23%
- Now £16m
Group structure
Ownership chain
- Newport City Council (registered outside the UK register)ultimate parent75–100%
- Newport Transport Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £645k), from the Companies House accounts bulk data published Dec 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.