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Company No. 14368088 · Incorporated 21 Sep 2022

Credo Delivery Ltd

Registered name: CREDO DELIVERY LTD

Credo Delivery Ltd made £132k revenue and £5.4k profit in the year to 30 Sep 2024.

Credo Delivery Ltd’s revenue grew 28% to £132k in the year to 30 Sep 2024, with £5.4k profit and 0 employees. The company is classified under “freight transport by road” and is based in Grimsby; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road
Status
Active - Proposal to Strike off
Location
Grimsby, Yorkshire and The Humber
Age
4 yrs · since 2022
Type
Private Limited Company
Latest accounts · year to 30 Sep 2024

Key figures

IndependentSmall teamYoung and profitableBoring industry
Revenue
£132k
Growth ▲28.3%
Profit
£5.4k
Growth —
Profit margin
4.1%
 
Employees
0
Change —
Profit / employee
—
 
Profitable streak
1yr
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 to30 Sep 202330 Sep 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£103k£132k
Profit after tax−£1.5k£5.4k
Profit (best available)−£1.5k£5.4k
Staff costs£54.2k£93.8k
Employees (average)00
Ratios
Profit margin−1.5%4.1%
Growth (year on year)
Revenue growth—▲28.3%
Balance sheet — indirect signals, not revenue
Net assets£18.2k£49.9k
Fixed assets£0—
Current assets£18.6k£51.6k
SourceFullAccounts · bulk data Jul 2024FullAccounts · bulk data Jan 2026
Derived from the latest filing

How the business works

Profit margin
4.1%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
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
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
▲174%
Now £49.9k
Cash at bank
—
Now —
Headcount
—
Now 0
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 30 Sep 2024 (profit £5.4k), from the Companies House accounts bulk data published Jan 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.