How much does The Pallet Network Limited make?

The Pallet Network Limited reported revenue of £183m and a loss of £567k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

Is The Pallet Network Limited profitable?

No — The Pallet Network Limited reported a loss of £567k in the year to 31 Dec 2024.

Company No. 03868401 · Incorporated 29 Oct 1999

The Pallet Network Limited

Registered name: THE PALLET NETWORK LIMITED

Part of TM Corporate Holdings UK Limited group

The Pallet Network Limited made £183m revenue and a £567k loss in the year to 31 Dec 2024.

The Pallet Network Limited’s revenue fell 1% to £183m in the year to 31 Dec 2024, with a loss of £567k. The company is classified under “freight transport by road” and is based in Warrington; we hold 3 years of its filed accounts.

Full P&L filedSIC 49410Freight transport by road

Status: Active
Location: Warrington
Age: 26 yrs · since 1999
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£183m

Growth ▼1.4%

Profit

−£567k

Growth ▼113.2%

Profit margin

−0.3%

Gross 9.6%

Employees

—

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£183m	£186m	£183m
Cost of sales	−£162m	−£162m	−£166m
Gross profit	£21.6m	£24.1m	£17.6m
Operating profit	£4.6m	£8.2m	£2.1m
Profit before tax	£3m	£6m	−£362k
Profit after tax	£2.5m	£4.3m	−£567k
Profit (best available)	£2.5m	£4.3m	−£567k
Employees (average)	—	—	—
Ratios
Profit margin	1.4%	2.3%	−0.3%
Gross margin	11.8%	13%	9.6%
Growth (year on year)
Revenue growth	—	▲1.5%	▼1.4%
Profit growth	—	▲70.3%	▼113.2%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	Accounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −0.3%; Profit ÷ revenue.
Gross margin: 9.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; 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.

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 —
Cash at bank: —; Now —
Headcount: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

TM Corporate Holdings UK Limitedultimate parent75–100%
Culina Group Limited75–100%
Greenwhitestar Acquisitions Limited75–100%
The Pallet Network Group Limited75–100%
The Pallet Network Limitedthis company

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

Sister companies (1)

Eezehaul LimitedFigures not disclosed

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

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2024 (profit −£567k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 20 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.