F.S. Mackenzie International Limited
Registered name: F.S. MACKENZIE INTERNATIONAL LIMITED
Part of FSM International Holdings Limited groupF.S. Mackenzie International Limited made £13.7m revenue and £156k profit in the year to 31 Dec 2025.
F.S. Mackenzie International Limited’s revenue fell 31% to £13.7m in the year to 31 Dec 2025, with £156k profit and 7 employees. The company is classified under “freight transport by road” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 18 yrs · since 2008
- 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) | £26.9m | £21.3m | £19.7m | £13.7m |
| Cost of sales | £24.9m | £19.2m | £18.6m | £12.8m |
| Gross profit | £2m | £2.1m | £1.1m | £917k |
| Operating profit | £1.2m | £920k | £112k | −£7.6k |
| Profit before tax | £1.2m | £919k | £112k | £156k |
| Profit after tax | £953k | £689k | £79.5k | £156k |
| Profit (best available) | £953k | £689k | £79.5k | £156k |
| Staff costs | £542k | £691k | £527k | £455k |
| Employees (average) | 4 | 4 | 6 | 7 |
| Ratios | ||||
| Profit margin | 3.5% | 3.2% | 0.4% | 1.1% |
| Gross margin | 7.4% | 9.7% | 5.6% | 6.7% |
| Revenue per employee | £6.7m | £5.3m | £3.3m | £2m |
| Profit per employee | £238k | £172k | £13.2k | £22.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼20.8% | ▼7.6% | ▼30.5% |
| Profit growth | — | ▼27.8% | ▼88.5% | ▲95.8% |
| Headcount growth | — | 0% | ▲50% | ▲16.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.2m | £1.2m | £542k | £613k |
| Net assets | £4.4m | £1.9m | £2m | £2.1m |
| Fixed assets | £1.7m | £210k | £213k | £212k |
| Current assets | £5.4m | £4m | £4.1m | £3.8m |
| Debtors | £2.1m | £1.5m | £1.3m | £832k |
| Deferred income | £857k | £665k | £474k | £245k |
| Source | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 1.1%
- Profit ÷ revenue.
- Gross margin
- 6.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2m
- Revenue ÷ average employees.
- Profit per employee
- £22.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.1%
- 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
- ▲8%
- Now £2.1m
- Cash at bank
- ▲13%
- Now £613k
- Headcount
- ▲17%
- Now 7
- Deferred income
- ▼48%
- Now £245k
- Fixed assets
- ▼0%
- Now £212k
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
- FSM International Holdings Limitedultimate parent75–100%
- F.S. Mackenzie International Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- FSM Logistics LtdFigures 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 £156k), 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.