How much does Freight Minds Limited make?

Freight Minds Limited reported revenue of £23.5m and £552k profit in the year to 31 Jan 2025, according to its accounts filed at Companies House.

How many employees does Freight Minds Limited have?

Freight Minds Limited reported an average of 27 employees in the year to 31 Jan 2025.

Is Freight Minds Limited profitable?

Yes — Freight Minds Limited reported a profit of £552k in the year to 31 Jan 2025.

Company No. 13119609 · Incorporated 7 Jan 2021

Freight Minds Limited

Registered name: FREIGHT MINDS LIMITED

Part of Freight Minds Holdings Limited group

Freight Minds Limited made £23.5m revenue and £552k profit in the year to 31 Jan 2025.

Freight Minds Limited’s revenue grew 19% to £23.5m in the year to 31 Jan 2025, with £552k profit and 27 employees. The company is classified under “other transportation support activities” and is based in Hounslow; we hold 3 years of its filed accounts.

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

Status: Active
Location: Hounslow, London
Age: 5 yrs · since 2021
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 Jan 2025

Key figures

Capital-lightYoung and profitableCash flow filed

Revenue

£23.5m

Growth ▲19.4%

Profit

£552k

Growth ▼49.7%

Profit margin

2.4%

Gross 26.5%

Employees

Change 0%

Profit / employee

£20.4k

Revenue/employee £871k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2023	31 Jan 2024	31 Jan 2025
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£19.7m	£23.5m
Cost of sales	—	£14.4m	£17.3m
Gross profit	—	£5.3m	£6.2m
Operating profit	—	£1.5m	£746k
Profit before tax	—	£1.5m	£750k
Profit after tax	—	£1.1m	£552k
Profit (best available)	—	£1.1m	£552k
Staff costs	—	£2.5m	£3.7m
Employees (average)	17	27	27
Ratios
Profit margin	—	5.6%	2.4%
Gross margin	—	26.9%	26.5%
Revenue per employee	—	£730k	£871k
Profit per employee	—	£40.6k	£20.4k
Cash conversion	—	−121.1%	−179.6%
Growth (year on year)
Revenue growth	—	—	▲19.4%
Profit growth	—	—	▼49.7%
Headcount growth	—	▲58.8%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.5m	£3m	£2.3m
Net assets	£1.2m	£2.3m	£2.2m
Fixed assets	£151k	£316k	£810k
Current assets	£2.9m	£5.2m	£5.6m
Debtors	£1.1m	£979k	£1.7m
Deferred income	—	£537k	£1.8m
Cash from operations	—	−£1.8m	−£1.3m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 2.4%; Profit ÷ revenue.
Gross margin: 26.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £871k; Revenue ÷ average employees.
Profit per employee: £20.4k; Profit ÷ average employees.
Cash conversion: −179.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.9%; 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: ▼4%; Now £2.2m
Cash at bank: ▼22%; Now £2.3m
Headcount: 0%; Now 27
Deferred income: ▲244%; Now £1.8m
Fixed assets: ▲156%; Now £810k

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

Freight Minds Holdings Limitedultimate parent75–100%
Freight Minds Limitedthis company

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

Subsidiaries (1)

SFW Logistics LimitedFigures 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 FullAccounts for the year to 31 Jan 2025 (profit £552k), from the Companies House accounts bulk data published Oct 2025. 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.