Woodside Tankfreight Limited
Registered name: WOODSIDE TANKFREIGHT LIMITED
Woodside Tankfreight Limited made £12.4m revenue and £556k profit in the year to 31 Mar 2025.
Woodside Tankfreight Limited’s revenue grew 9% to £12.4m in the year to 31 Mar 2025, with £556k profit and 69 employees. The company is classified under “freight transport by road” and is based in Co Antrim; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Co Antrim, Northern Ireland
- Age
- 58 yrs · since 1968
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £11.8m | £10.8m | £11.3m | £12.4m |
| Cost of sales | £9m | £8.1m | £8.9m | £9.7m |
| Gross profit | £2.8m | £2.7m | £2.5m | £2.7m |
| Operating profit | £884k | £907k | £530k | £806k |
| Profit before tax | £866k | £867k | £521k | £792k |
| Profit after tax | £716k | £962k | £154k | £556k |
| Profit (best available) | £716k | £962k | £154k | £556k |
| Staff costs | £3.5m | £3.4m | £3.8m | £4.1m |
| Employees (average) | 54 | 56 | 65 | 69 |
| Ratios | ||||
| Profit margin | 6.1% | 8.9% | 1.4% | 4.5% |
| Gross margin | 23.9% | 25.1% | 21.9% | 21.8% |
| Revenue per employee | £218k | £192k | £175k | £180k |
| Profit per employee | £13.3k | £17.2k | £2.4k | £8.1k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼8.7% | ▲5.4% | ▲9.2% |
| Profit growth | — | ▲34.4% | ▼84% | ▲260% |
| Headcount growth | — | ▲3.7% | ▲16.1% | ▲6.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.6m | £1.9m | £1.8m | £887k |
| Net assets | £7m | £7.9m | £8.1m | £8.7m |
| Fixed assets | £1.8m | £5.4m | £4.3m | £5.3m |
| Current assets | £7.5m | £8.1m | £8.4m | £8.2m |
| Debtors | £1.8m | £1.8m | £2m | £2.7m |
| Deferred income | £708k | £543k | £370k | £339k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 4.5%
- Profit ÷ revenue.
- Gross margin
- 21.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £180k
- Revenue ÷ average employees.
- Profit per employee
- £8.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 42.6%
- 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
- 21.7%
- Money owed by customers. Low = customers pay quickly.
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
- ▲7%
- Now £8.7m
- Cash at bank
- ▼52%
- Now £887k
- Headcount
- ▲6%
- Now 69
- Deferred income
- ▼8%
- Now £339k
- Fixed assets
- ▲23%
- Now £5.3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £556k), from the Companies House accounts bulk data published Dec 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.