How much does Circle Express Limited make?

Circle Express Limited reported revenue of £34.7m and £9.4m profit in the year to 30 Sep 2024, according to its accounts filed at Companies House.

How many employees does Circle Express Limited have?

Circle Express Limited reported an average of 234 employees in the year to 30 Sep 2024.

Is Circle Express Limited profitable?

Yes — Circle Express Limited reported a profit of £9.4m in the year to 30 Sep 2024.

Company No. 02265791 · Incorporated 8 Jun 1988

Circle Express Limited

Registered name: CIRCLE EXPRESS LIMITED

Circle Express Limited made £34.7m revenue and £9.4m profit in the year to 30 Sep 2024.

Circle Express Limited’s revenue was £34.7m in the year to 30 Sep 2024, with £9.4m profit and 234 employees. The company is classified under “freight transport by road” and is based in Manchester; we hold 2 years of its filed accounts.

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

Status: In Administration
Location: Manchester, North West
Age: 38 yrs · since 1988
Type: Private Limited Company

Latest accounts · year to 30 Sep 2024

Key figures

IndependentCapital-lightBoring industryCash flow filed

Revenue

£34.7m

Growth —

Profit

£9.4m

Growth —

Profit margin

27.1%

Gross 14.8%

Employees

234

Change —

Profit / employee

£40.1k

Revenue/employee £148k

Profitable streak

1yr

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 Mar 2023	30 Sep 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£27.2m	£34.7m
Cost of sales	£23.2m	£29.5m
Gross profit	£4m	£5.1m
Operating profit	−£367k	−£7.7m
Profit before tax	−£522k	£9.4m
Profit after tax	−£522k	£9.4m
Profit (best available)	−£522k	£9.4m
Staff costs	£8.3m	£12.7m
Employees (average)	236	234
Ratios
Profit margin	−1.9%	27.1%
Gross margin	14.8%	14.8%
Revenue per employee	£115k	£148k
Profit per employee	−£2.2k	£40.1k
Balance sheet — indirect signals, not revenue
Cash at bank	£63.8k	£101k
Net assets	−£12m	−£2.6m
Fixed assets	£844k	£394k
Current assets	£10.3m	£6.8m
Debtors	£7.9m	£4.9m
Deferred income	£3m	£2.1m
Cash from operations	£720k	£1.3m
Source	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jun 2025

Derived from the latest filing

How the business works

Profit margin: 27.1%; Profit ÷ revenue.
Gross margin: 14.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £148k; Revenue ÷ average employees.
Profit per employee: £40.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.2%; 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: —; Now −£2.6m
Cash at bank: —; Now £101k
Headcount: —; Now 234
Deferred income: —; Now £2.1m
Fixed assets: —; Now £394k

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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2024 (profit £9.4m), from the Companies House accounts bulk data published Jun 2025. 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.