Express Distribution Services Ltd
Registered name: EXPRESS DISTRIBUTION SERVICES LTD
Part of Neill Holdings Ltd groupExpress Distribution Services Ltd made £9.9m revenue and £586k profit in the year to 31 Oct 2025.
Express Distribution Services Ltd’s revenue fell 17% to £9.9m in the year to 31 Oct 2025, with £586k profit and 60 employees. The company is classified under “licensed carriers” and is based in Craigavon; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Craigavon, Northern Ireland
- Age
- 28 yrs · since 1997
- 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. From the filing: “The ultimate controlling party is Neill Holdings Ltd, a company incorporated in Northern Ireland.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £10.6m | £11.3m | £11.9m | £9.9m |
| Cost of sales | £8.1m | £8.3m | £8.6m | £7.3m |
| Gross profit | £2.5m | £3m | £3.3m | £2.6m |
| Operating profit | £1.1m | £1.4m | £1.2m | £879k |
| Profit before tax | £1m | £1.3m | £1.1m | £844k |
| Profit after tax | £538k | £1.1m | £757k | £586k |
| Profit (best available) | £538k | £1.1m | £757k | £586k |
| Staff costs | — | £3m | £3.2m | £2.3m |
| Employees (average) | — | 80 | 75 | 60 |
| Ratios | ||||
| Profit margin | 5.1% | 9.5% | 6.4% | 5.9% |
| Gross margin | 23.6% | 26.6% | 27.5% | 25.9% |
| Revenue per employee | — | £141k | £159k | £165k |
| Profit per employee | — | £13.4k | £10.1k | £9.8k |
| Cash conversion | 157.7% | 141.4% | 144.3% | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲5.9% | ▲5.5% | ▼17% |
| Profit growth | — | ▲99.9% | ▼29.6% | ▼22.6% |
| Headcount growth | — | — | ▼6.3% | ▼20% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.1m | £1.5m | £2m | £2m |
| Net assets | £2.8m | £3.7m | £4.3m | £4.7m |
| Fixed assets | £2.1m | £2.9m | £3.3m | £3.5m |
| Current assets | £3.5m | £3.8m | £4.3m | £4.4m |
| Debtors | £2m | £2m | £2m | £2.1m |
| Deferred income | £63.7k | £68.7k | £51.8k | £48k |
| Cash from operations | £1.7m | £1.9m | £1.7m | — |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 5.9%
- Profit ÷ revenue.
- Gross margin
- 25.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £165k
- Revenue ÷ average employees.
- Profit per employee
- £9.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 35.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 20.8%
- 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
- ▲9%
- Now £4.7m
- Cash at bank
- ▼1%
- Now £2m
- Headcount
- ▼20%
- Now 60
- Deferred income
- ▼7%
- Now £48k
- Fixed assets
- ▲5%
- Now £3.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Neill Holdings Ltdultimate parent75–100%
- Express Distribution Services Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Trailer Freight (International) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £586k), 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.