How much does FXT Cargo Ltd make?

FXT Cargo Ltd reported revenue of £2.1m and a loss of £65.7k in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does FXT Cargo Ltd have?

FXT Cargo Ltd reported an average of 12 employees in the year to 31 Mar 2023.

Is FXT Cargo Ltd profitable?

No — FXT Cargo Ltd reported a loss of £65.7k in the year to 31 Mar 2023.

Company No. 12409212 · Incorporated 17 Jan 2020

FXT Cargo Ltd

Registered name: FXT CARGO LTD

FXT Cargo Ltd made £2.1m revenue and a £65.7k loss in the year to 31 Mar 2023.

FXT Cargo Ltd’s revenue fell 33% to £2.1m in the year to 31 Mar 2023, with a loss of £65.7k and 12 employees. The company is classified under “other transportation support activities” and is based in Northampton; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 52290Other transportation support activities

Status: Liquidation
Location: Northampton, East Midlands
Age: 6 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 31 Mar 2023

Key figures

IndependentCapital-light

Revenue

£2.1m

Growth ▼32.6%

Profit

−£65.7k

Growth ▼131.3%

Profit margin

−3.2%

Gross 33.4%

Employees

Change ▼14.3%

Profit / employee

−£5.5k

Revenue/employee £173k

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 to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£3.1m	£2.1m
Cost of sales	£1.8m	£1.4m
Gross profit	£1.3m	£692k
Operating profit	£222k	−£64.5k
Profit before tax	£219k	−£65.7k
Profit after tax	£210k	−£65.7k
Profit (best available)	£210k	−£65.7k
Employees (average)	14	12
Ratios
Profit margin	6.8%	−3.2%
Gross margin	42%	33.4%
Revenue per employee	£219k	£173k
Profit per employee	£15k	−£5.5k
Growth (year on year)
Revenue growth	—	▼32.6%
Profit growth	—	▼131.3%
Headcount growth	—	▼14.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£200k	£27.9k
Net assets	£391k	£148k
Fixed assets	£189k	£174k
Current assets	£577k	£217k
Debtors	£299k	£152k
Deferred income	£0	£0
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: −3.2%; Profit ÷ revenue.
Gross margin: 33.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £173k; Revenue ÷ average employees.
Profit per employee: −£5.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 8.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.3%; 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: ▼62%; Now £148k
Cash at bank: ▼86%; Now £27.9k
Headcount: ▼14%; Now 12
Deferred income: —; Now £0
Fixed assets: ▼8%; Now £174k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit −£65.7k), 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.