How much does MTL Express Ltd make?

MTL Express Ltd reported revenue of £1m and £11.4k profit in the year to 30 Sep 2025, according to its accounts filed at Companies House.

How many employees does MTL Express Ltd have?

MTL Express Ltd reported an average of 6 employees in the year to 30 Sep 2025.

Is MTL Express Ltd profitable?

Yes — MTL Express Ltd reported a profit of £11.4k in the year to 30 Sep 2025.

Company No. 14363978 · Incorporated 20 Sep 2022

MTL Express Ltd

Registered name: MTL EXPRESS LTD

MTL Express Ltd made £1m revenue and £11.4k profit in the year to 30 Sep 2025.

MTL Express Ltd’s revenue fell 8% to £1m in the year to 30 Sep 2025, with £11.4k profit and 6 employees. The company is classified under “unlicensed carrier” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 53202Unlicensed carrier

Status: Active
Location: London, London
Age: 4 yrs · since 2022
Type: Private Limited Company

Latest accounts · year to 30 Sep 2025

Key figures

IndependentSmall teamYoung and profitable

Revenue

£1m

Growth ▼8.2%

Profit

£11.4k

Growth ▼69%

Profit margin

1.1%

Gross 100%

Employees

Change ▲50%

Profit / employee

£1.9k

Revenue/employee £168k

Profitable streak

3yrs

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	30 Sep 2023	30 Sep 2024	30 Sep 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£277k	£1.1m	£1m
Gross profit	£277k	£1.1m	£1m
Operating profit	£28.6k	£45.2k	£14k
Profit before tax	£28.6k	£45.2k	£14k
Profit after tax	£22.6k	£36.6k	£11.4k
Profit (best available)	£22.6k	£36.6k	£11.4k
Employees (average)	5	4	6
Ratios
Profit margin	8.2%	3.4%	1.1%
Gross margin	100%	100%	100%
Revenue per employee	£55.4k	£274k	£168k
Profit per employee	£4.5k	£9.2k	£1.9k
Growth (year on year)
Revenue growth	—	▲295.4%	▼8.2%
Profit growth	—	▲62%	▼69%
Headcount growth	—	▼20%	▲50%
Balance sheet — indirect signals, not revenue
Cash at bank	£47.1k	£49.9k	£50.6k
Net assets	£22.6k	£36.6k	£48k
Fixed assets	£36.6k	£108k	£139k
Current assets	£47.1k	£71.5k	£97.2k
Debtors	—	£21.6k	£46.6k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 1.1%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £168k; Revenue ÷ average employees.
Profit per employee: £1.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 13.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.6%; 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: ▲31%; Now £48k
Cash at bank: ▲1%; Now £50.6k
Headcount: ▲50%; Now 6
Deferred income: —; Now —
Fixed assets: ▲29%; Now £139k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £11.4k), 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.