How much does Manfreight Limited make?

Manfreight Limited reported revenue of £77.8m and £2.9m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Manfreight Limited have?

Manfreight Limited reported an average of 478 employees in the year to 31 Mar 2025.

Is Manfreight Limited profitable?

Yes — Manfreight Limited reported a profit of £2.9m in the year to 31 Mar 2025.

Company No. NI055050 · Incorporated 6 May 2005

Manfreight Limited

Registered name: MANFREIGHT LIMITED

Manfreight Limited made £77.8m revenue and £2.9m profit in the year to 31 Mar 2025.

Manfreight Limited’s revenue grew 11% to £77.8m in the year to 31 Mar 2025, with £2.9m profit and 478 employees. The company is classified under “freight transport by road” and is based in Craigavon; we hold 3 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road

Status: Active
Location: Craigavon, Northern Ireland
Age: 21 yrs · since 2005
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: “Manfreight International (IOM) Limited”

Latest accounts · year to 31 Mar 2025

Key figures

Boring industryCash flow filed

Revenue

£77.8m

Growth ▲11%

Profit

£2.9m

Growth ▲10%

Profit margin

3.7%

Gross 18.7%

Employees

478

Change ▲6.2%

Profit / employee

£6k

Revenue/employee £163k

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	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£55.5m	£70.1m	£77.8m
Cost of sales	£46.2m	£58.2m	£63.2m
Gross profit	£9.3m	£11.9m	£14.5m
Operating profit	£4m	£5.4m	£5.8m
Profit before tax	£3.5m	£3.9m	£4m
Profit after tax	£3.4m	£2.6m	£2.9m
Profit (best available)	£3.4m	£2.6m	£2.9m
Staff costs	£13.2m	£18.1m	£20.6m
Employees (average)	448	450	478
Ratios
Profit margin	6.1%	3.7%	3.7%
Gross margin	16.8%	17%	18.7%
Revenue per employee	£124k	£156k	£163k
Profit per employee	£7.5k	£5.8k	£6k
Cash conversion	127.5%	167.5%	339.4%
Growth (year on year)
Revenue growth	—	▲26.2%	▲11%
Profit growth	—	▼23%	▲10%
Headcount growth	—	▲0.4%	▲6.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£29.4k	£264k	£257k
Net assets	£10.9m	£13.4m	£16m
Fixed assets	£33.7m	£37.9m	£49.6m
Current assets	£12m	£19m	£17.3m
Debtors	£8.5m	£12m	£13.9m
Deferred income	£1.2m	£1.2m	£1.2m
Cash from operations	£5.1m	£9m	£19.7m
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 3.7%; Profit ÷ revenue.
Gross margin: 18.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £163k; Revenue ÷ average employees.
Profit per employee: £6k; Profit ÷ average employees.
Cash conversion: 339.4%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 63.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.9%; 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: ▲20%; Now £16m
Cash at bank: ▼3%; Now £257k
Headcount: ▲6%; Now 478
Deferred income: ▼6%; Now £1.2m
Fixed assets: ▲31%; Now £49.6m

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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.9m), 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.