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Company No. 11533556 · Incorporated 23 Aug 2018

Thaw Logistics Ltd

Registered name: THAW LOGISTICS LTD

Part of Emerge Global Ltd group

Thaw Logistics Ltd made £1.4m revenue and a £79.4k loss in the year to 31 Dec 2023.

Thaw Logistics Ltd’s revenue grew 53% to £1.4m in the year to 31 Dec 2023, with a loss of £79.4k and 1 employee. The company is classified under “freight transport by road” and is based in Stoke on Trent; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by roadSIC 52103Operation of warehousing and storage facilities for land transport activitiesSIC 52290Other transportation support activities
Status
Active
Location
Stoke on Trent, West Midlands
Age
8 yrs · since 2018
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 Dec 2023

Key figures

Small teamCapital-lightDoing more with lessBoring industry
Revenue
£1.4m
Growth ▲52.6%
Profit
−£79.4k
Growth —
Profit margin
−5.8%
Gross 5.1%
Employees
1
Change ▼80%
Profit / employee
−£79.4k
Revenue/employee £1.4m
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 to31 Dec 202231 Dec 2023
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£901k£1.4m
Cost of sales£805k£1.3m
Gross profit£95.8k£70.8k
Operating profit−£38.6k−£79.1k
Profit before tax−£38.9k−£79.4k
Profit after tax−£37.5k−£79.4k
Profit (best available)−£37.5k−£79.4k
Employees (average)51
Ratios
Profit margin−4.2%−5.8%
Gross margin10.6%5.1%
Revenue per employee£180k£1.4m
Profit per employee−£7.5k−£79.4k
Growth (year on year)
Revenue growth—▲52.6%
Headcount growth—▼80%
Balance sheet — indirect signals, not revenue
Cash at bank£49.5k£40.7k
Net assets£45.8k−£33.6k
Fixed assets£32.8k£16k
Current assets£163k£220k
Debtors£60.4k£130k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024
Derived from the latest filing

How the business works

Profit margin
−5.8%
Profit ÷ revenue.
Gross margin
5.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.4m
Revenue ÷ average employees.
Profit per employee
−£79.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
9.5%
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
▼173%
Now −£33.6k
Cash at bank
▼18%
Now £40.7k
Headcount
▼80%
Now 1
Deferred income
—
Now —
Fixed assets
▼51%
Now £16k
Corporate ownership

Group structure

Ownership chain

  1. Emerge Global Ltdultimate parent75–100%
  2. Emerge Ecommerce Limited75–100%
  3. Thaw Logistics Ltdthis company

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

Sister companies (7)

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 Dec 2023 (profit −£79.4k), 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.