Speed 1971 Limited
Registered name: SPEED 1971 LIMITED
Speed 1971 Limited made £27.9m revenue and £3.3m profit in the year to 31 Mar 2025.
Speed 1971 Limited’s revenue grew 7% to £27.9m in the year to 31 Mar 2025, with £3.3m profit and 137 employees. The company is classified under “freight transport by road” and is based in Winchester; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Winchester
- Age
- 35 yrs · since 1991
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £26m | £27.9m |
| Cost of sales | −£16.9m | −£20m |
| Gross profit | £9.1m | £7.9m |
| Operating profit | £6.1m | £4.7m |
| Profit before tax | £5.9m | £4.5m |
| Profit after tax | £4.3m | £3.3m |
| Profit (best available) | £4.3m | £3.3m |
| Employees (average) | 109 | 137 |
| Ratios | ||
| Profit margin | 16.4% | 11.8% |
| Gross margin | 35.1% | 28.4% |
| Revenue per employee | £239k | £204k |
| Profit per employee | £39k | £24.1k |
| Growth (year on year) | ||
| Revenue growth | — | ▲7.4% |
| Profit growth | — | ▼22.4% |
| Headcount growth | — | ▲25.7% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Dec 2025 | Accounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 11.8%
- Profit ÷ revenue.
- Gross margin
- 28.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £204k
- Revenue ÷ average employees.
- Profit per employee
- £24.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲26%
- Now 137
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- Stagetruck LimitedRev. £18.4m · Profit £2.2m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £3.3m), from the Companies House accounts bulk data published Dec 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.