How much does Transport2 (UK) Limited make?

Transport2 (UK) Limited reported revenue of £14.6m and a loss of £766k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Transport2 (UK) Limited have?

Transport2 (UK) Limited reported an average of 41 employees in the year to 31 Dec 2023.

Is Transport2 (UK) Limited profitable?

No — Transport2 (UK) Limited reported a loss of £766k in the year to 31 Dec 2023.

Company No. 07238769 · Incorporated 29 Apr 2010

Transport2 (UK) Limited

Registered name: TRANSPORT2 (UK) LIMITED

Part of Zeelo Limited group

Transport2 (UK) Limited made £14.6m revenue and a £766k loss in the year to 31 Dec 2023. read from filing text

Transport2 (UK) Limited’s revenue grew 15% to £14.6m in the year to 31 Dec 2023, with a loss of £766k and 41 employees. The company is classified under “other information technology service activities” and is based in Derby; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

Status: Active
Location: Derby, East Midlands
Age: 16 yrs · since 2010
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 Dec 2023

Key figures

Capital-lightDoing more with less

Revenue

£14.6m

Growth ▲15.2%

Profit

−£766k

Growth —

Profit margin

−5.3%

Gross 19.8%

Employees

Change ▼4.7%

Profit / employee

−£18.7k

Revenue/employee £356k

Profitable streak

0yrs

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 Dec 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£12.7m	£14.6m
Cost of sales	£10.1m	£11.7m
Gross profit	£2.6m	£2.9m
Operating profit	−£687k	−£505k
Profit before tax	−£907k	−£844k
Profit after tax	−£754k	−£766k
Profit (best available)	−£754k	−£766k
Employees (average)	43	41
Ratios
Profit margin	−5.9%	−5.3%
Gross margin	20.6%	19.8%
Revenue per employee	£295k	£356k
Profit per employee	−£17.5k	−£18.7k
Growth (year on year)
Revenue growth	—	▲15.2%
Headcount growth	—	▼4.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£154k	£77.3k
Net assets	−£1.2m	−£2m
Fixed assets	£1.1m	£889k
Current assets	£1.4m	£1.7m
Debtors	£1m	£1.4m
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024

Derived from the latest filing

How the business works

Profit margin: −5.3%; Profit ÷ revenue.
Gross margin: 19.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £356k; Revenue ÷ average employees.
Profit per employee: −£18.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.9%; 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: —; Now −£2m
Cash at bank: ▼50%; Now £77.3k
Headcount: ▼5%; Now 41
Deferred income: —; Now —
Fixed assets: ▼18%; Now £889k

Corporate ownership

Group structure

Ownership chain

Zeelo Limitedultimate parent75–100%
Transport2 (UK) Limitedthis company

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

Subsidiaries (1)

Zeelo Supplies LimitedRev. — · Profit −£778

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£766k), from the Companies House accounts bulk data published Jul 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.