How much does Shipco Transport Limited make?

Shipco Transport Limited reported revenue of £17.3m and £619k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Shipco Transport Limited have?

Shipco Transport Limited reported an average of 39 employees in the year to 31 Dec 2025.

Is Shipco Transport Limited profitable?

Yes — Shipco Transport Limited reported a profit of £619k in the year to 31 Dec 2025.

Company No. 02298865 · Incorporated 22 Sep 1988

Shipco Transport Limited

Registered name: SHIPCO TRANSPORT LIMITED

Shipco Transport Limited made £17.3m revenue and £619k profit in the year to 31 Dec 2025.

Shipco Transport Limited’s revenue fell 15% to £17.3m in the year to 31 Dec 2025, with £619k profit and 39 employees. The company is classified under “cargo handling for water transport activities” and is based in South Woodford; we hold 4 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 52241Cargo handling for water transport activities SIC 52242Cargo handling for air transport activities SIC 52243Cargo handling for land transport activities

Status: Active
Location: South Woodford, London
Age: 38 yrs · since 1988
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 immediate parent undertaking of Shipco Transport Limited is Shipco Transport Holding A/S, a company incorporated in Denmark.”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightCash flow filed

Revenue

£17.3m

Growth ▼14.9%

Profit

£619k

Growth ▼53.5%

Profit margin

3.6%

Gross 17%

Employees

Change ▼2.5%

Profit / employee

£15.9k

Revenue/employee £443k

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 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£31.1m	£15.6m	£20.3m	£17.3m
Cost of sales	£23.1m	£12m	£16.5m	£14.4m
Gross profit	£7.9m	£3.5m	£3.8m	£2.9m
Operating profit	£6.2m	£1.8m	£1.7m	£804k
Profit before tax	£6.3m	£1.9m	£1.8m	£839k
Profit after tax	£5.2m	£1.4m	£1.3m	£619k
Profit (best available)	£5.2m	£1.4m	£1.3m	£619k
Staff costs	£1.5m	£1.7m	£1.9m	£2.1m
Employees (average)	34	36	40	39
Ratios
Profit margin	16.8%	9.1%	6.5%	3.6%
Gross margin	25.5%	22.7%	18.7%	17%
Revenue per employee	£914k	£433k	£508k	£443k
Profit per employee	£153k	£39.2k	£33.3k	£15.9k
Cash conversion	−104.4%	−89.2%	−89%	−145%
Growth (year on year)
Revenue growth	—	▼49.8%	▲30.5%	▼14.9%
Profit growth	—	▼72.9%	▼5.8%	▼53.5%
Headcount growth	—	▲5.9%	▲11.1%	▼2.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.1m	£1.5m	£1.4m	£860k
Net assets	£5.5m	£1.7m	£1.6m	£935k
Fixed assets	£34.8k	£60k	£47.1k	£41.4k
Current assets	£9.9m	£4.2m	£5.3m	£4m
Debtors	£2.1m	£1.4m	£2.7m	£1.9m
Deferred income	£117k	£111k	£101k	£74.4k
Cash from operations	−£6.5m	−£1.6m	−£1.6m	−£1.2m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: 3.6%; Profit ÷ revenue.
Gross margin: 17%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £443k; Revenue ÷ average employees.
Profit per employee: £15.9k; Profit ÷ average employees.
Cash conversion: −145%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.2%; 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: ▼42%; Now £935k
Cash at bank: ▼37%; Now £860k
Headcount: ▼3%; Now 39
Deferred income: ▼27%; Now £74.4k
Fixed assets: ▼12%; Now £41.4k

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 31 Dec 2025 (profit £619k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.

Updated from Companies House on 23 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.