Lynn Star Distribution & Logistics Limited
Registered name: LYNN STAR DISTRIBUTION & LOGISTICS LIMITED
Part of Turners (Soham) Holdings Limited groupLynn Star Distribution & Logistics Limited made £6.4m revenue and £370k profit in the year to 31 Dec 2023.
Lynn Star Distribution & Logistics Limited’s revenue was £6.4m in the year to 31 Dec 2023, with £370k profit and 52 employees. The company is classified under “freight transport by road” and is based in Suffolk; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Suffolk, East of England
- Age
- 33 yrs · since 1993
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £9.4m | £6.4m |
| Cost of sales | £7.6m | £5.3m |
| Gross profit | £1.9m | £1.1m |
| Operating profit | £998k | £485k |
| Profit before tax | £970k | £468k |
| Profit after tax | £787k | £370k |
| Profit (best available) | £787k | £370k |
| Staff costs | £2.5m | £1.6m |
| Employees (average) | 59 | 52 |
| Ratios | ||
| Profit margin | 8.3% | 5.8% |
| Gross margin | 20% | 17.6% |
| Revenue per employee | £160k | £123k |
| Profit per employee | £13.3k | £7.1k |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £738k | £938k |
| Net assets | £3.3m | £3.7m |
| Fixed assets | £3.1m | £3.4m |
| Current assets | £2.3m | £2m |
| Debtors | £1.4m | £975k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- 5.8%
- Profit ÷ revenue.
- Gross margin
- 17.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £123k
- Revenue ÷ average employees.
- Profit per employee
- £7.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 52.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.2%
- 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
- —
- Now £3.7m
- Cash at bank
- —
- Now £938k
- Headcount
- —
- Now 52
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £3.4m
Group structure
Ownership chain
- Turners (Soham) Holdings Limitedultimate parent75–100%
- Turners (Soham) Limited75–100%
- Lynn Star Distribution & Logistics Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (13)
- Logistic Planning Services LimitedRev. £36.6m · Profit £2.3m
- Dowse Haulage LimitedRev. £16m · Profit £2.7m
- Ocean Trailers LimitedRev. £2.7m · Profit £19.8k
- Browns Chilled Distribution LimitedFigures not disclosed
- DRS Logistics LimitedFigures not disclosed
- Goldstar Transport Holdings LimitedFigures not disclosed
- Jack Richards Holdings LimitedFigures not disclosed
- M & H Haulage LimitedFigures not disclosed
- Macintyre Transport LimitedFigures not disclosed
- MKT Logistics LimitedFigures not disclosed
- R & R Haulage LimitedFigures not disclosed
- SPR Trailer Services LimitedFigures not disclosed
- Turners (Soham) Service Company 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 31 Dec 2023 (profit £370k), from the Companies House accounts bulk data published Sep 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.