How much does H2O Logistics Limited make?

H2O Logistics Limited reported revenue of £24.7m and £718k profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does H2O Logistics Limited have?

H2O Logistics Limited reported an average of 3 employees in the year to 31 May 2025.

Is H2O Logistics Limited profitable?

Yes — H2O Logistics Limited reported a profit of £718k in the year to 31 May 2025.

Company No. 11095278 · Incorporated 4 Dec 2017

H2O Logistics Limited

Registered name: H2O LOGISTICS LIMITED

H2O Logistics Limited made £24.7m revenue and £718k profit in the year to 31 May 2025.

H2O Logistics Limited’s revenue grew 33% to £24.7m in the year to 31 May 2025, with £718k profit and 3 employees. The company is classified under “freight transport by road” and is based in Southampton; we hold 4 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road

Status: Active
Location: Southampton, South East
Age: 8 yrs · since 2017
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.

Latest accounts · year to 31 May 2025

Key figures

IndependentSmall teamOperating leverageBoring industryCash flow filed

Revenue

£24.7m

Growth ▲33.2%

Profit

£718k

Growth ▲119.3%

Profit margin

2.9%

Gross 16.4%

Employees

Change ▲50%

Profit / employee

£239k

Revenue/employee £8.2m

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Nov 2022	31 May 2023	31 May 2024	31 May 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£18.5m	£24.7m
Cost of sales	—	—	£16m	£20.6m
Gross profit	—	—	£2.5m	£4m
Operating profit	—	—	£755k	£1.8m
Profit before tax	—	—	£259k	£1.1m
Profit after tax	—	—	£327k	£718k
Profit (best available)	—	—	£327k	£718k
Staff costs	—	—	£347k	£186k
Employees (average)	2	2	2	3
Ratios
Profit margin	—	—	1.8%	2.9%
Gross margin	—	—	13.7%	16.4%
Revenue per employee	—	—	£9.3m	£8.2m
Profit per employee	—	—	£164k	£239k
Cash conversion	—	—	−248.3%	−221.9%
Growth (year on year)
Revenue growth	—	—	—	▲33.2%
Profit growth	—	—	—	▲119.3%
Headcount growth	—	—	—	▲50%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.4m	£1.6m	£1.9m	£2.2m
Net assets	£1.1m	£1.6m	£1.9m	£2.4m
Fixed assets	£1.3m	£2.5m	£3.9m	£4.7m
Current assets	£2.4m	£2.5m	£3m	£4.3m
Debtors	£1m	£808k	£1m	£976k
Cash from operations	—	—	−£1.9m	−£3.9m
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 2.9%; Profit ÷ revenue.
Gross margin: 16.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £8.2m; Revenue ÷ average employees.
Profit per employee: £239k; Profit ÷ average employees.
Cash conversion: −221.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 19.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 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: ▲29%; Now £2.4m
Cash at bank: ▲16%; Now £2.2m
Headcount: ▲50%; Now 3
Deferred income: —; Now —
Fixed assets: ▲21%; Now £4.7m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2025 (profit £718k), from the Companies House accounts bulk data published Feb 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.