How much does 2Excel Logistics Limited make?

2Excel Logistics Limited reported revenue of £20.5m and £153k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does 2Excel Logistics Limited have?

2Excel Logistics Limited reported an average of 86 employees in the year to 31 Mar 2025.

Is 2Excel Logistics Limited profitable?

Yes — 2Excel Logistics Limited reported a profit of £153k in the year to 31 Mar 2025.

Company No. 06939313 · Incorporated 19 Jun 2009

2Excel Logistics Limited

Registered name: 2EXCEL LOGISTICS LIMITED

Part of Myriad Transport Eot Trustees Limited group

2Excel Logistics Limited made £20.5m revenue and £153k profit in the year to 31 Mar 2025.

2Excel Logistics Limited’s revenue grew 6% to £20.5m in the year to 31 Mar 2025, with £153k profit and 86 employees. The company is classified under “freight transport by road” and is based in Wilstead; we hold 4 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road SIC 52103Operation of warehousing and storage facilities for land transport activities

Status: Active
Location: Wilstead, South East
Age: 17 yrs · since 2009
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 31 Mar 2025

Key figures

Capital-lightBoring industry

Revenue

£20.5m

Growth ▲6.2%

Profit

£153k

Growth ▼31.6%

Profit margin

0.7%

Gross 47.2%

Employees

Change ▲1.2%

Profit / employee

£1.8k

Revenue/employee £238k

Profitable streak

4yrs

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	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.9m	£17.8m	£19.3m	£20.5m
Cost of sales	£7.6m	£8.4m	£9.6m	£10.8m
Gross profit	£5.2m	£9.4m	£9.7m	£9.7m
Operating profit	£477k	£741k	£654k	£484k
Profit before tax	£422k	£564k	£410k	£226k
Profit after tax	£300k	£543k	£223k	£153k
Profit (best available)	£300k	£543k	£223k	£153k
Staff costs	£2.2m	£3.8m	£4.1m	£4.1m
Employees (average)	60	89	85	86
Ratios
Profit margin	2.3%	3%	1.2%	0.7%
Gross margin	40.7%	52.7%	50.1%	47.2%
Revenue per employee	£214k	£200k	£227k	£238k
Profit per employee	£5k	£6.1k	£2.6k	£1.8k
Growth (year on year)
Revenue growth	—	▲38.2%	▲8.6%	▲6.2%
Profit growth	—	▲80.7%	▼58.9%	▼31.6%
Headcount growth	—	▲48.3%	▼4.5%	▲1.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£447k	£353k	£145k	£159k
Net assets	£1.9m	£2.2m	£1.6m	£1.1m
Fixed assets	£1.5m	£2.1m	£1.7m	£1.9m
Current assets	£6.3m	£7m	£7m	£6.7m
Debtors	£3.7m	£4.3m	£4.2m	£3.8m
Deferred income	£177k	£157k	£181k	£153k
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 0.7%; Profit ÷ revenue.
Gross margin: 47.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £238k; Revenue ÷ average employees.
Profit per employee: £1.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 9.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.4%; 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: ▼34%; Now £1.1m
Cash at bank: ▲10%; Now £159k
Headcount: ▲1%; Now 86
Deferred income: ▼16%; Now £153k
Fixed assets: ▲12%; Now £1.9m

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

Myriad Transport Eot Trustees Limitedultimate parent75–100%
Myriad Transport Ltd75–100%
Blackjay Ltd75–100%
2Excel Logistics 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

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £153k), from the Companies House accounts bulk data published Dec 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.