First Klass Shipping Specialist Ltd
Registered name: FIRST KLASS SHIPPING SPECIALIST LTD
First Klass Shipping Specialist Ltd made £2.5m revenue and £179k profit in the year to 31 Mar 2026.
First Klass Shipping Specialist Ltd’s revenue grew 35% to £2.5m in the year to 31 Mar 2026, with £179k profit and 17 employees. The company is classified under “sea and coastal freight water transport” and is based in Birmingham; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Birmingham, West Midlands
- Age
- 13 yrs · since 2013
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | — | £1.3m | £1.7m | £1.9m | £2.5m |
| Cost of sales | — | — | — | £1.2m | £1.7m |
| Gross profit | — | £1.3m | £1.7m | £1.9m | £871k |
| Operating profit | — | £133k | £271k | £215k | £258k |
| Profit before tax | — | £129k | £268k | £213k | £252k |
| Profit after tax | — | £114k | £213k | £149k | £179k |
| Profit (best available) | — | £114k | £213k | £149k | £179k |
| Employees (average) | 8 | 6 | 8 | 8 | 17 |
| Ratios | |||||
| Profit margin | — | 8.5% | 12.8% | 7.9% | 7% |
| Gross margin | — | 100% | 100% | 100% | 34.2% |
| Revenue per employee | — | £224k | £208k | £236k | £150k |
| Profit per employee | — | £19k | £26.6k | £18.6k | £10.6k |
| Growth (year on year) | |||||
| Revenue growth | — | — | ▲23.9% | ▲13.3% | ▲34.8% |
| Profit growth | — | — | ▲86.3% | ▼30.2% | ▲20.8% |
| Headcount growth | — | ▼25% | ▲33.3% | 0% | ▲112.5% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | — | £239k | £573k | £651k | £1m |
| Net assets | £117k | £179k | £346k | £446k | £571k |
| Fixed assets | £212k | £212k | £257k | £328k | £387k |
| Current assets | £52.5k | £245k | £587k | £660k | £1m |
| Debtors | — | £6k | £13.9k | £8.5k | £5.6k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 7%
- Profit ÷ revenue.
- Gross margin
- 34.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £150k
- Revenue ÷ average employees.
- Profit per employee
- £10.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 15.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.2%
- 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
- ▲28%
- Now £571k
- Cash at bank
- ▲57%
- Now £1m
- Headcount
- ▲113%
- Now 17
- Deferred income
- —
- Now —
- Fixed assets
- ▲18%
- Now £387k
Similar profitable businesses
- Marine & Towage Services Group LimitedLondon · Sea and coastal freight water transport
- Revenue
- £3m
- Profit
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- Staff
- —
- Heidmar UK LimitedLondon · Sea and coastal freight water transport
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- Zim UK LimitedLiverpool · Sea and coastal freight water transport
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- £1.9m
- Profit
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- Staff
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- TTS Logistics LimitedAylesford · Sea and coastal freight water transport
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- Profit
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- Staff
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- Norbulk Shipping U.K. LimitedLondon · Sea and coastal freight water transport
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- £3.5m
- Profit
- £377k
- Staff
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- Cosco Shipping Bulk (UK) Company LimitedEssex · Sea and coastal freight water transport
- Revenue
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- Profit
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- Staff
- —
Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £179k), from the Companies House accounts bulk data published Jun 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.