Hemisphere Freight Services Limited
Registered name: HEMISPHERE FREIGHT SERVICES LIMITED
Part of Perrin Group Holdings Limited groupHemisphere Freight Services Limited made £56.2m revenue and a £10.6k loss in the year to 30 Jun 2025. read from filing text
Hemisphere Freight Services Limited’s revenue grew 33% to £56.2m in the year to 30 Jun 2025, with a loss of £10.6k and 187 employees. The company is classified under “freight transport by road” and is based in Ipswich; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Ipswich, East of England
- Age
- 37 yrs · since 1989
- 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 parent company of Hemisphere Freight Services Limited is Perrin Group Holdings Limited.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| 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) | £68.1m | £53m | £42.1m | £56.2m |
| Cost of sales | £55.1m | £38.8m | £26.6m | £38.2m |
| Gross profit | £13m | £14.2m | £15.6m | £18m |
| Operating profit | £2m | £1.6m | £433k | £177k |
| Profit before tax | £2m | £1.5m | £345k | £10.4k |
| Profit after tax | £1.5m | £1.3m | £345k | −£10.6k |
| Profit (best available) | £1.5m | £1.3m | £345k | −£10.6k |
| Staff costs | £5.7m | £6.7m | £7.5m | £8.5m |
| Employees (average) | 130 | 148 | 167 | 187 |
| Ratios | ||||
| Profit margin | 2.3% | 2.5% | 0.8% | 0% |
| Gross margin | 19.1% | 26.9% | 37% | 32% |
| Revenue per employee | £523k | £358k | £252k | £301k |
| Profit per employee | £11.8k | £9.1k | £2.1k | −£57 |
| Growth (year on year) | ||||
| Revenue growth | — | ▼22.1% | ▼20.5% | ▲33.5% |
| Profit growth | — | ▼12.8% | ▼74.3% | ▼103.1% |
| Headcount growth | — | ▲13.9% | ▲12.8% | ▲12% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £171k | £2.4m | £221k | £682k |
| Net assets | £3.5m | £4.6m | £4.6m | £4.6m |
| Fixed assets | £2.5m | £3.1m | £6.1k | £5.1m |
| Current assets | £12.4m | £10.9m | £12.4m | £10m |
| Debtors | £9m | £5.6m | £7.2m | £6.2m |
| Deferred income | £64.5k | £59.9k | £55.3k | £50.7k |
| Source | Accounts · bulk data Feb 2024 | Accounts · bulk data Feb 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 32%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £301k
- Revenue ÷ average employees.
- Profit per employee
- −£57
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.9%
- 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
- ▼0%
- Now £4.6m
- Cash at bank
- ▲208%
- Now £682k
- Headcount
- ▲12%
- Now 187
- Deferred income
- ▼8%
- Now £50.7k
- Fixed assets
- ▲83123%
- Now £5.1m
Group structure
Ownership chain
- Perrin Group Holdings Limitedultimate parent75–100%
- Hemisphere Freight Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (4)
- Hawk Express LimitedFigures not disclosed
- Hemisphere Global Logistics LimitedFigures not disclosed
- Hemisphere Logistics LimitedFigures not disclosed
- Perrin Freight Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit −£10.6k), from the Companies House accounts bulk data published Mar 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.