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Company No. 02796763 · Incorporated 5 Mar 1993

Lynn Star Distribution & Logistics Limited

Registered name: LYNN STAR DISTRIBUTION & LOGISTICS LIMITED

Part of Turners (Soham) Holdings Limited group

Lynn 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.

Latest accounts · year to 31 Dec 2023

Key figures

Boring industry
Revenue
£6.4m
Growth —
Profit
£370k
Growth —
Profit margin
5.8%
Gross 17.6%
Employees
52
Change —
Profit / employee
£7.1k
Revenue/employee £123k
Profitable streak
2yrs
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 to31 Mar 202331 Dec 2023
DisclosureFull P&LFull 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)5952
Ratios
Profit margin8.3%5.8%
Gross margin20%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
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024
Derived from the latest filing

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.
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 £3.7m
Cash at bank
—
Now £938k
Headcount
—
Now 52
Deferred income
—
Now —
Fixed assets
—
Now £3.4m
Corporate ownership

Group structure

Ownership chain

  1. Turners (Soham) Holdings Limitedultimate parent75–100%
  2. Turners (Soham) Limited75–100%
  3. Lynn Star Distribution & Logistics Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (13)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.