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Company No. NI614252 · Incorporated 30 Aug 2012

MM Freight Ltd

Registered name: MM FREIGHT LTD

MM Freight Ltd made £45.1m revenue and £1.3m profit in the year to 31 Dec 2025.

MM Freight Ltd’s revenue grew 8% to £45.1m in the year to 31 Dec 2025, with £1.3m profit and 4 employees. The company is classified under “freight transport by road” and is based in Lurgan; we hold 4 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road
Status
Active
Location
Lurgan, Northern Ireland
Age
14 yrs · since 2012
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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: “Michael McLernon”

Latest accounts · year to 31 Dec 2025

Key figures

Small teamBoring industryCash flow filed
Revenue
£45.1m
Growth ▲8.5%
Profit
£1.3m
Growth ▲1.4%
Profit margin
2.9%
Gross 9%
Employees
4
Change ▲100%
Profit / employee
£324k
Revenue/employee £11.3m
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£21.3m£34.1m£41.5m£45.1m
Cost of sales£19.3m£30.4m£37.9m£41m
Gross profit£2.1m£3.6m£3.6m£4m
Operating profit£571k£2.2m£1.6m£1.7m
Profit before tax£515k£2m£1.3m£1.4m
Profit after tax£486k£1.2m£1.3m£1.3m
Profit (best available)£486k£1.2m£1.3m£1.3m
Staff costs£633k£184k£127k£160k
Employees (average)12424
Ratios
Profit margin2.3%3.5%3.1%2.9%
Gross margin9.6%10.7%8.7%9%
Revenue per employee£1.8m£8.5m£20.8m£11.3m
Profit per employee£40.5k£299k£639k£324k
Cash conversion−76.7%165.6%84.7%132.9%
Growth (year on year)
Revenue growth—▲59.9%▲21.9%▲8.5%
Profit growth—▲146.7%▲6.7%▲1.4%
Headcount growth—▼66.7%▼50%▲100%
Balance sheet — indirect signals, not revenue
Cash at bank£6.7k£17.7k£14.6k£99k
Net assets£1.8m£3m£4.3m£5.6m
Fixed assets£4.1m£8m£7.4m£7.7m
Current assets£8.2m£11.2m£12m£13.5m
Debtors£6.7m£8.6m£8.4m£9.5m
Deferred income£601k£293k£1.1m£1.2m
Cash from operations−£438k£3.6m£1.3m£2.3m
SourceFullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
2.9%
Profit ÷ revenue.
Gross margin
9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£11.3m
Revenue ÷ average employees.
Profit per employee
£324k
Profit ÷ average employees.
Cash conversion
132.9%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
17.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2.6%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
21.2%
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
▲30%
Now £5.6m
Cash at bank
▲579%
Now £99k
Headcount
▲100%
Now 4
Deferred income
▲8%
Now £1.2m
Fixed assets
▲4%
Now £7.7m

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

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.3m), from the Companies House accounts bulk data published Sep 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.