How much does Challenge Logistics Limited make?

Challenge Logistics Limited reported revenue of £19.9m and £1.4m profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Challenge Logistics Limited have?

Challenge Logistics Limited reported an average of 0 employees in the year to 31 Mar 2023.

Is Challenge Logistics Limited profitable?

Yes — Challenge Logistics Limited reported a profit of £1.4m in the year to 31 Mar 2023.

Company No. 08981112 · Incorporated 7 Apr 2014

Challenge Logistics Limited

Registered name: CHALLENGE LOGISTICS LIMITED

Part of Challenge Group Holdings Limited group

Challenge Logistics Limited made £19.9m revenue and £1.4m profit in the year to 31 Mar 2023.

Challenge Logistics Limited’s revenue fell 36% to £19.9m in the year to 31 Mar 2023, with £1.4m profit and 0 employees. The company is classified under “freight transport by road” and is based in Manchester; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road SIC 78200Temporary employment agency activities

Status: In Administration
Location: Manchester, North West
Age: 12 yrs · since 2014
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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 2023

Key figures

Small teamCapital-lightBoring industry

Revenue

£19.9m

Growth ▼35.6%

Profit

£1.4m

Growth ▼43.2%

Profit margin

7.1%

Gross 12.4%

Employees

Change —

Profit / employee

—

Profitable streak

2yrs

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 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£30.9m	£19.9m
Cost of sales	£25.9m	£17.4m
Gross profit	£5m	£2.5m
Operating profit	£3.3m	£1.8m
Profit before tax	£3.1m	£1.6m
Profit after tax	£2.5m	£1.4m
Profit (best available)	£2.5m	£1.4m
Employees (average)	0	0
Ratios
Profit margin	8.1%	7.1%
Gross margin	16.1%	12.4%
Growth (year on year)
Revenue growth	—	▼35.6%
Profit growth	—	▼43.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£136k	£116k
Net assets	£3.8m	£5.2m
Fixed assets	£25k	£8.3k
Current assets	£24.8m	£10.3m
Debtors	£4.9m	£1.7m
Deferred income	£275k	£714k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 7.1%; Profit ÷ revenue.
Gross margin: 12.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.4%; 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: ▲37%; Now £5.2m
Cash at bank: ▼15%; Now £116k
Headcount: —; Now 0
Deferred income: ▲159%; Now £714k
Fixed assets: ▼67%; Now £8.3k

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

Challenge Group Holdings Limitedultimate parent75–100%
Challenge Group (Eot) Limited75–100%
Challenge Group Holdings Limited75–100%
Challenge Recruitment Group Limited75–100%
Challenge Logistics Limitedthis company

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

Sister companies (2)

Acrown LimitedActive - Proposal to Strike offRev. £0 · Profit −£365
C-TRG Resource LimitedIn AdministrationFigures not disclosed

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 accounts for the year to 31 Mar 2023 (profit £1.4m), from the Companies House accounts bulk data published Dec 2023. 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.