Isotank Transport Services Limited
Registered name: ISOTANK TRANSPORT SERVICES LIMITED
Part of Boasso America Corporation groupIsotank Transport Services Limited made £11.3m revenue and a £515k loss in the year to 31 Dec 2025.
Isotank Transport Services Limited’s revenue fell 14% to £11.3m in the year to 31 Dec 2025, with a loss of £515k and 108 employees. The company is classified under “freight transport by road” and is based in Redcar; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Redcar, North East
- Age
- 23 yrs · since 2003
- 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 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £15.5m | £13.7m | £13.2m | £11.3m |
| Cost of sales | £12.7m | £11.3m | £11.2m | £10.3m |
| Gross profit | £2.8m | £2.4m | £2m | £1m |
| Operating profit | £395k | £97.1k | −£25.3k | −£484k |
| Profit before tax | £350k | £71.4k | −£67.3k | −£519k |
| Profit after tax | £279k | £50.2k | −£54.7k | −£515k |
| Profit (best available) | £279k | £50.2k | −£54.7k | −£515k |
| Staff costs | £6.7m | £6.3m | £6.1m | £5.6m |
| Employees (average) | 132 | 123 | 112 | 108 |
| Ratios | ||||
| Profit margin | 1.8% | 0.4% | −0.4% | −4.5% |
| Gross margin | 18.1% | 17.8% | 15.4% | 8.9% |
| Revenue per employee | £118k | £111k | £118k | £105k |
| Profit per employee | £2.1k | £408 | −£488 | −£4.8k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼11.7% | ▼3.6% | ▼14.3% |
| Profit growth | — | ▼82% | ▼209% | — |
| Headcount growth | — | ▼6.8% | ▼8.9% | ▼3.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £930k | £589k | £230k | £191k |
| Net assets | £1.4m | £1.5m | £1.4m | £929k |
| Fixed assets | £71.8k | £61.4k | £62.7k | £38.1k |
| Current assets | £4.1m | £3.1m | £3.1m | £3.2m |
| Debtors | £2.7m | £2.1m | £2.3m | £2.4m |
| Deferred income | £145k | £193k | £220k | £130k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −4.5%
- Profit ÷ revenue.
- Gross margin
- 8.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £105k
- Revenue ÷ average employees.
- Profit per employee
- −£4.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 21%
- 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
- ▼36%
- Now £929k
- Cash at bank
- ▼17%
- Now £191k
- Headcount
- ▼4%
- Now 108
- Deferred income
- ▼41%
- Now £130k
- Fixed assets
- ▼39%
- Now £38.1k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Boasso America Corporation (registered outside the UK register)ultimate parent75–100%
- Depot Connect International Limited75–100%
- Depot Connect International UK Limited75–100%
- Isotank Services Limited75–100%
- Isotank Transport Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (6)
- Isotank Depot Services LimitedRev. £14.1m · Profit £1.4m
- Atlantic Tank Clean Barry LimitedFigures not disclosed
- Isotank (2006) LimitedFigures not disclosed
- Isotank (2010) LimitedFigures not disclosed
- PM Rees & Sons 2000 LimitedFigures not disclosed
- Tanktainer Thurroclean (Middlesbrough) 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 2025 (profit −£515k), from the Companies House accounts bulk data published Sep 2026. 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.