Midlands Truck & Van Limited
Registered name: MIDLANDS TRUCK & VAN LIMITED
Part of Ballyvesey Industries Limited groupMidlands Truck & Van Limited made £200m revenue and £420k profit in the year to 30 Sep 2025.
Midlands Truck & Van Limited’s revenue grew 25% to £200m in the year to 30 Sep 2025, with £420k profit and 388 employees. The company is classified under “sale of other motor vehicles” and is based in Smethwick; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Smethwick, West Midlands
- Age
- 15 yrs · since 2011
- 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 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £160m | £200m |
| Cost of sales | £134m | £172m |
| Gross profit | £26.2m | £28.1m |
| Operating profit | £5.6m | £1.7m |
| Profit before tax | £5.5m | £744k |
| Profit after tax | £2.3m | £420k |
| Profit (best available) | £2.3m | £420k |
| Employees (average) | 340 | 388 |
| Ratios | ||
| Profit margin | 1.4% | 0.2% |
| Gross margin | 16.3% | 14% |
| Revenue per employee | £472k | £517k |
| Profit per employee | £6.7k | £1.1k |
| Growth (year on year) | ||
| Revenue growth | — | ▲24.9% |
| Profit growth | — | ▼81.6% |
| Headcount growth | — | ▲14.1% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £12.1m | £7.9m |
| Net assets | £12.7m | £12.9m |
| Fixed assets | £1.3m | £3.3m |
| Debtors | £4.3m | £8.3m |
| Deferred income | £7.4m | £10.9m |
| Source | FullAccounts · bulk data Jul 2026 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 0.2%
- Profit ÷ revenue.
- Gross margin
- 14%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £517k
- Revenue ÷ average employees.
- Profit per employee
- £1.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 5.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.1%
- 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
- ▲2%
- Now £12.9m
- Cash at bank
- ▼35%
- Now £7.9m
- Headcount
- ▲14%
- Now 388
- Deferred income
- ▲47%
- Now £10.9m
- Fixed assets
- ▲155%
- Now £3.3m
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
- Ballyvesey Industries Limitedultimate parent75–100%
- Ballyvesey Holdings Limited75–100%
- Midlands Truck & Van Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (17)
- Heathrow Truck Centre LimitedRev. £167m · Profit £4.8m
- West Pennine Trucks LimitedRev. £141m · Profit £3.7m
- Sapphire Vehicle Services LimitedRev. £36.2m · Profit £590k
- Centurion Truck Rental LtdRev. £34m · Profit −£1.3m
- Montgomery Transport LimitedRev. £25.4m · Profit £1.7m
- Construction Equipment Distribution LimitedRev. £12m · Profit −£14.5k
- Montgomery Tank Services LimitedRev. £8.3m · Profit −£909k
- Commercial Vehicle Auctions LimitedRev. £6.5m · Profit £2m
- East West Transport LimitedFigures not disclosed
- Eurofleet Rental LimitedRev. — · Profit −£9.7m
- Intercounty Truck and Van LimitedFigures not disclosed
- Midlands Warehousing LimitedFigures not disclosed
- Montgomery Transport 88 LimitedFigures not disclosed
- Morrey Oils LimitedFigures not disclosed
- Norwest Plant LimitedActive - Proposal to Strike offFigures not disclosed
- Norwest Vehicle Systems LimitedFigures not disclosed
- Sleator Plant LimitedRev. — · Profit −£87k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Lawrence Vehicles LimitedDerby · Sale of other motor vehicles
- Revenue
- £215m
- Profit
- £3.6m
- Staff
- 178
- Heathrow Truck Centre LimitedBerkshire · Sale of other motor vehicles
- Revenue
- £167m
- Profit
- £4.8m
- Staff
- 411
- Haydock Commercial Vehicles LimitedMilton Keynes · Sale of other motor vehicles
- Revenue
- £243m
- Profit
- £5.9m
- Staff
- 237
- Bell Truck Sales LimitedGateshead · Sale of other motor vehicles
- Revenue
- £148m
- Profit
- £285k
- Staff
- 196
- M C Group LimitedAylesford · Sale of other motor vehicles
- Revenue
- £147m
- Profit
- £6.8m
- Staff
- 335
- West Pennine Trucks LimitedManchester · Sale of other motor vehicles
- Revenue
- £141m
- Profit
- £3.7m
- Staff
- 411
Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £420k), from the Companies House accounts bulk data published Jul 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.