How much does Freshlinc Limited make?

Freshlinc Limited reported revenue of £135m and a loss of £1.1m in the year to 1 Feb 2025, according to its accounts filed at Companies House.

How many employees does Freshlinc Limited have?

Freshlinc Limited reported an average of 746 employees in the year to 1 Feb 2025.

Is Freshlinc Limited profitable?

No — Freshlinc Limited reported a loss of £1.1m in the year to 1 Feb 2025.

Company No. 04100636 · Incorporated 2 Nov 2000

Freshlinc Limited

Registered name: FRESHLINC LIMITED

Part of Fidelis Holdings Ltd group

Freshlinc Limited made £135m revenue and a £1.1m loss in the year to 1 Feb 2025.

Freshlinc Limited’s revenue fell 3% to £135m in the year to 1 Feb 2025, with a loss of £1.1m and 746 employees. The company is classified under “freight transport by road” and is based in Spalding; we hold 4 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road

Status: Active
Location: Spalding, East of England
Age: 25 yrs · since 2000
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 1 Feb 2025

Key figures

Capital-lightBoring industry

Revenue

£135m

Growth ▼3.1%

Profit

−£1.1m

Growth ▼257.4%

Profit margin

−0.8%

Gross 11.8%

Employees

746

Change ▼2.1%

Profit / employee

−£1.4k

Revenue/employee £181k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	29 Jan 2022	28 Jan 2023	3 Feb 2024	1 Feb 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£128m	£145m	£140m	£135m
Cost of sales	£116m	£126m	£123m	£119m
Gross profit	£11.8m	£18.4m	£16.3m	£15.9m
Operating profit	£1.5m	£5.9m	£2.1m	£634k
Profit before tax	£1.3m	£5.6m	£1.3m	−£898k
Profit after tax	£1m	£4.7m	£670k	−£1.1m
Profit (best available)	£1m	£4.7m	£670k	−£1.1m
Staff costs	£18.5m	£28m	£33.5m	£32m
Employees (average)	508	623	762	746
Ratios
Profit margin	0.8%	3.2%	0.5%	−0.8%
Gross margin	9.3%	12.7%	11.6%	11.8%
Revenue per employee	£251k	£233k	£183k	£181k
Profit per employee	£2.1k	£7.5k	£880	−£1.4k
Growth (year on year)
Revenue growth	—	▲13.6%	▼3.6%	▼3.1%
Profit growth	—	▲347.3%	▼85.7%	▼257.4%
Headcount growth	—	▲22.6%	▲22.3%	▼2.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£47.2k	£13.8k	£6k	£12.3k
Net assets	£7.9m	£12.5m	£12.6m	£11.6m
Fixed assets	£7.1m	£9.7m	£11.6m	£10.6m
Current assets	£32.6m	£32.3m	£38.8m	£38.8m
Debtors	£19.8m	£21.8m	£22.1m	£21.9m
Deferred income	—	£0	£3.3m	£3.7m
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: −0.8%; Profit ÷ revenue.
Gross margin: 11.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £181k; Revenue ÷ average employees.
Profit per employee: −£1.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.2%; 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: ▼8%; Now £11.6m
Cash at bank: ▲105%; Now £12.3k
Headcount: ▼2%; Now 746
Deferred income: ▲14%; Now £3.7m
Fixed assets: ▼9%; Now £10.6m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Fidelis Holdings Ltdultimate parent75–100%
Freshlinc Group Limited75–100%
Freshlinc Limitedthis company

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

Sister companies (4)

Directlinc LimitedFigures not disclosed
Floralinc LimitedFigures not disclosed
Portlinc LimitedFigures not disclosed
Top Up Resources LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 1 Feb 2025 (profit −£1.1m), from the Companies House accounts bulk data published Oct 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.