How much does Essex Bulk Services Ltd make?

Essex Bulk Services Ltd reported revenue of £24.2m and a loss of £4.5m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Essex Bulk Services Ltd have?

Essex Bulk Services Ltd reported an average of 178 employees in the year to 31 Dec 2023.

Is Essex Bulk Services Ltd profitable?

No — Essex Bulk Services Ltd reported a loss of £4.5m in the year to 31 Dec 2023.

Company No. 08333800 · Incorporated 17 Dec 2012

Essex Bulk Services Ltd

Registered name: ESSEX BULK SERVICES LTD

Essex Bulk Services Ltd made £24.2m revenue and a £4.5m loss in the year to 31 Dec 2023.

Essex Bulk Services Ltd’s revenue grew 2% to £24.2m in the year to 31 Dec 2023, with a loss of £4.5m and 178 employees. The company is classified under “maintenance and repair of motor vehicles” and is based in Leigh-on-Sea; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45200Maintenance and repair of motor vehicles SIC 49410Freight transport by road SIC 74909Other professional, scientific and technical activities n.e.c.

Status: Liquidation
Location: Leigh-on-Sea, East of England
Age: 13 yrs · since 2012
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

IndependentCapital-lightBoring industryCash flow filed

Revenue

£24.2m

Growth ▲2%

Profit

−£4.5m

Growth —

Profit margin

−18.6%

Gross −5.7%

Employees

178

Change ▲45.9%

Profit / employee

−£25.3k

Revenue/employee £136k

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&L	Full P&L
Profit & loss
Revenue (turnover)	£23.8m	£24.2m
Cost of sales	£21.7m	£25.6m
Gross profit	£2m	−£1.4m
Operating profit	−£372k	−£3.8m
Profit before tax	−£885k	−£4.5m
Profit after tax	−£885k	−£4.5m
Profit (best available)	−£885k	−£4.5m
Staff costs	£9.2m	£9.6m
Employees (average)	122	178
Ratios
Profit margin	−3.7%	−18.6%
Gross margin	8.6%	−5.7%
Revenue per employee	£195k	£136k
Profit per employee	−£7.3k	−£25.3k
Growth (year on year)
Revenue growth	—	▲2%
Headcount growth	—	▲45.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£211k	£137k
Net assets	−£5.7m	−£10.2m
Fixed assets	£129k	£78.6k
Current assets	£4.4m	£4.5m
Debtors	£4m	£4.2m
Cash from operations	£1.6m	−£144k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: −18.6%; Profit ÷ revenue.
Gross margin: −5.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £136k; Revenue ÷ average employees.
Profit per employee: −£25.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.5%; 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 −£10.2m
Cash at bank: ▼35%; Now £137k
Headcount: ▲46%; Now 178
Deferred income: —; Now —
Fixed assets: ▼39%; Now £78.6k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£4.5m), from the Companies House accounts bulk data published Sep 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.