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Company No. 06025386 · Incorporated 12 Dec 2006

Ferrari Express Ltd

Registered name: FERRARI EXPRESS LTD

Ferrari Express Ltd made £16.1m revenue and £306k profit in the year to 31 Dec 2024.

Ferrari Express Ltd’s revenue grew 10% to £16.1m in the year to 31 Dec 2024, with £306k profit and 108 employees. The company is classified under “freight transport by road” and is based in Kingston Upon Thames; we hold 3 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by roadSIC 51210Freight air transport
Status
Active
Location
Kingston Upon Thames, London
Age
19 yrs · since 2006
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-lightBoring industryCash flow filed
Revenue
£16.1m
Growth ▲10.3%
Profit
£306k
Growth ▼78.4%
Profit margin
1.9%
Gross 37.1%
Employees
108
Change ▲71.4%
Profit / employee
£2.8k
Revenue/employee £149k
Profitable streak
3yrs
Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£13.7m£14.6m£16.1m
Cost of sales£7.3m£8.5m£10.2m
Gross profit£6.3m£6.1m£6m
Operating profit£3.1m£1.9m£395k
Profit before tax£3.1m£1.9m£433k
Profit after tax£2.5m£1.4m£306k
Profit (best available)£2.5m£1.4m£306k
Staff costs£1.7m£3.4m£5.3m
Employees (average)2563108
Ratios
Profit margin17.9%9.7%1.9%
Gross margin46.3%42%37.1%
Revenue per employee£547k£232k£149k
Profit per employee£98k£22.5k£2.8k
Cash conversion54.3%48.5%136.4%
Growth (year on year)
Revenue growth—▲6.9%▲10.3%
Profit growth—▼42.1%▼78.4%
Headcount growth—▲152%▲71.4%
Balance sheet — indirect signals, not revenue
Cash at bank£5.2m£5.3m£4.5m
Net assets£6m£7.5m£7.8m
Fixed assets£236k£208k£1m
Current assets£9.8m£11.1m£10.8m
Debtors£1.4m£2m£2.1m
Cash from operations£1.7m£922k£538k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
1.9%
Profit ÷ revenue.
Gross margin
37.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£149k
Revenue ÷ average employees.
Profit per employee
£2.8k
Profit ÷ average employees.
Cash conversion
136.4%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
6.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
13.3%
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
▲4%
Now £7.8m
Cash at bank
▼15%
Now £4.5m
Headcount
▲71%
Now 108
Deferred income
—
Now —
Fixed assets
▲392%
Now £1m
Corporate ownership

Group structure

Minority corporate shareholders

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £306k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 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.