How much does J. & J. Ward Limited make?

J. & J. Ward Limited reported revenue of £34.9m and £882k profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does J. & J. Ward Limited have?

J. & J. Ward Limited reported an average of 90 employees in the year to 31 Mar 2023.

Is J. & J. Ward Limited profitable?

Yes — J. & J. Ward Limited reported a profit of £882k in the year to 31 Mar 2023.

Company No. 04191476 · Incorporated 2 Apr 2001

J. & J. Ward Limited

Registered name: J. & J. WARD LIMITED

Part of Bulk Logistics Group Limited group

J. & J. Ward Limited made £34.9m revenue and £882k profit in the year to 31 Mar 2023.

J. & J. Ward Limited’s revenue grew 19% to £34.9m in the year to 31 Mar 2023, with £882k profit and 90 employees. The company is classified under “freight transport by road” and is based in Bedale; we hold 2 years of its filed accounts.

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

Status: Active
Location: Bedale, North East
Age: 25 yrs · since 2001
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. From the filing: “Bulk Logistics Group Ltd”

Latest accounts · year to 31 Mar 2023

Key figures

Operating leverageBoring industry

Revenue

£34.9m

Growth ▲18.5%

Profit

£882k

Growth ▲157.8%

Profit margin

2.5%

Gross 14.8%

Employees

Change ▲1.1%

Profit / employee

£9.8k

Revenue/employee £388k

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 to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£29.5m	£34.9m
Cost of sales	£24.9m	£29.7m
Gross profit	£4.6m	£5.2m
Operating profit	£1.2m	£1.6m
Profit before tax	£481k	£1.2m
Profit after tax	£342k	£882k
Profit (best available)	£342k	£882k
Staff costs	£4.3m	£4.8m
Employees (average)	89	90
Ratios
Profit margin	1.2%	2.5%
Gross margin	15.7%	14.8%
Revenue per employee	£331k	£388k
Profit per employee	£3.8k	£9.8k
Growth (year on year)
Revenue growth	—	▲18.5%
Profit growth	—	▲157.8%
Headcount growth	—	▲1.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£805k	£1.5m
Net assets	£3m	£3.8m
Fixed assets	£3.7m	£5.1m
Current assets	£17.4m	£18.5m
Debtors	£7.2m	£7.2m
Deferred income	£398k	£134k
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024

Derived from the latest filing

How the business works

Profit margin: 2.5%; Profit ÷ revenue.
Gross margin: 14.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £388k; Revenue ÷ average employees.
Profit per employee: £9.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 14.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20.5%; 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: ▲30%; Now £3.8m
Cash at bank: ▲89%; Now £1.5m
Headcount: ▲1%; Now 90
Deferred income: ▼66%; Now £134k
Fixed assets: ▲39%; Now £5.1m

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

Bulk Logistics Group Limited (registered outside the UK register)ultimate parent75–100%
J. & J. Ward Limitedthis company

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

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2023 (profit £882k), from the Companies House accounts bulk data published Jan 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.