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Company No. 13902359 · Incorporated 8 Feb 2022

Black Sea Freight Ltd

Registered name: BLACK SEA FREIGHT LTD

Black Sea Freight Ltd made £150k revenue and £3.2k profit in the year to 28 Feb 2025.

Black Sea Freight Ltd’s revenue grew 901% to £150k in the year to 28 Feb 2025, with £3.2k profit and 2 employees. The company is classified under “freight transport by road” and is based in Felixstowe; we hold 3 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road
Status
Active
Location
Felixstowe, East of England
Age
4 yrs · since 2022
Type
Private Limited Company
Latest accounts · year to 28 Feb 2025

Key figures

IndependentSmall teamYoung and profitableOperating leverageBoring industry
Revenue
£150k
Growth ▲900.9%
Profit
£3.2k
Growth ▲15314%
Profit margin
2.2%
Gross 69.6%
Employees
2
Change ▲100%
Profit / employee
£1.6k
Revenue/employee £75.1k
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 to28 Feb 202328 Feb 202428 Feb 2025
DisclosureNo P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£15k£150k
Cost of sales—£8k£45.7k
Gross profit—£7k£104k
Operating profit—£26£4k
Profit before tax—£26£4k
Profit after tax—£21£3.2k
Profit (best available)—£21£3.2k
Employees (average)112
Ratios
Profit margin—0.1%2.2%
Gross margin—46.5%69.6%
Revenue per employee—£15k£75.1k
Profit per employee—£21£1.6k
Growth (year on year)
Revenue growth——▲900.9%
Profit growth——▲15314%
Headcount growth—0%▲100%
Balance sheet — indirect signals, not revenue
Cash at bank£5.3k£16.4k£10.1k
Net assets£100£121£3.3k
Current assets£5.3k£16.4k£30.9k
Debtors——£20.8k
Deferred income——£4k
SourceFullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2024FullAccounts · bulk data Jul 2025
Derived from the latest filing

How the business works

Profit margin
2.2%
Profit ÷ revenue.
Gross margin
69.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£75.1k
Revenue ÷ average employees.
Profit per employee
£1.6k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
13.9%
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
▲2658%
Now £3.3k
Cash at bank
▼38%
Now £10.1k
Headcount
▲100%
Now 2
Deferred income
—
Now £4k
Fixed assets
—
Now —

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

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £3.2k), from the Companies House accounts bulk data published Jul 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.