How much does Flagship Logistics Limited make?

Flagship Logistics Limited reported revenue of £10.8m and £16.7k profit in the year to 31 Oct 2023, according to its accounts filed at Companies House.

How many employees does Flagship Logistics Limited have?

Flagship Logistics Limited reported an average of 11 employees in the year to 31 Oct 2023.

Is Flagship Logistics Limited profitable?

Yes — Flagship Logistics Limited reported a profit of £16.7k in the year to 31 Oct 2023.

Company No. 09805517 · Incorporated 2 Oct 2015

Flagship Logistics Limited

Registered name: FLAGSHIP LOGISTICS LIMITED

Part of Elara Capital PLC group

Flagship Logistics Limited made £10.8m revenue and £16.7k profit in the year to 31 Oct 2023. read from filing text

Flagship Logistics Limited’s revenue fell 49% to £10.8m in the year to 31 Oct 2023, with £16.7k profit and 11 employees. The company is classified under “cargo handling for water transport activities” and is based in Liverpool; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 52241Cargo handling for water transport activities

Status: Active
Location: Liverpool, North West
Age: 11 yrs · since 2015
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 Oct 2023

Key figures

Capital-light

Revenue

£10.8m

Growth ▼48.5%

Profit

£16.7k

Growth ▼98.3%

Profit margin

0.1%

Gross 8.3%

Employees

Change ▲10%

Profit / employee

£1.5k

Revenue/employee £981k

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 Oct 2022	31 Oct 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£21m	£10.8m
Cost of sales	£19.4m	£9.9m
Gross profit	£1.6m	£895k
Operating profit	£1.2m	£23.6k
Profit before tax	£1.2m	£22.9k
Profit after tax	£994k	£16.7k
Profit (best available)	£994k	£16.7k
Employees (average)	10	11
Ratios
Profit margin	4.7%	0.1%
Gross margin	7.5%	8.3%
Revenue per employee	£2.1m	£981k
Profit per employee	£99.4k	£1.5k
Growth (year on year)
Revenue growth	—	▼48.5%
Profit growth	—	▼98.3%
Headcount growth	—	▲10%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.9m	£3.3m
Net assets	£3.7m	£2.7m
Fixed assets	£1.5k	£1.1k
Current assets	£5.5m	£4m
Debtors	£1.5m	£648k
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024

Derived from the latest filing

How the business works

Profit margin: 0.1%; Profit ÷ revenue.
Gross margin: 8.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £981k; Revenue ÷ average employees.
Profit per employee: £1.5k; 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: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6%; 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: ▼28%; Now £2.7m
Cash at bank: ▼15%; Now £3.3m
Headcount: ▲10%; Now 11
Deferred income: —; Now —
Fixed assets: ▼24%; Now £1.1k

Corporate ownership

Group structure

Ownership chain

Elara Capital PLCultimate parent75–100%
Flagship Logistics Limitedthis company

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

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2023 (profit £16.7k), 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.