Currie European Transport Limited
Registered name: CURRIE EUROPEAN TRANSPORT LIMITED
Part of Project Abbie Limited groupCurrie European Transport Limited made £31.4m revenue and £67.3k profit in the year to 30 Jun 2023. read from filing text
Currie European Transport Limited’s revenue fell 9% to £31.4m in the year to 30 Jun 2023, with £67.3k profit and 202 employees. The company is classified under “freight transport by road”; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Scotland
- Age
- 49 yrs · since 1977
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £34.4m | £31.4m |
| Cost of sales | £29.4m | £26.5m |
| Gross profit | £5m | £4.9m |
| Operating profit | £565k | £363k |
| Profit before tax | £253k | £67.3k |
| Profit after tax | £253k | £67.3k |
| Profit (best available) | £253k | £67.3k |
| Staff costs | £6.8m | £7.2m |
| Employees (average) | 220 | 202 |
| Ratios | ||
| Profit margin | 0.7% | 0.2% |
| Gross margin | 14.4% | 15.7% |
| Revenue per employee | £156k | £155k |
| Profit per employee | £1.1k | £333 |
| Growth (year on year) | ||
| Revenue growth | — | ▼8.8% |
| Profit growth | — | ▼73.4% |
| Headcount growth | — | ▼8.2% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £205k | £181k |
| Net assets | −£1.6m | −£1.6m |
| Fixed assets | £1.5m | £898k |
| Current assets | £11.6m | £10.6m |
| Debtors | £5.4m | £4.6m |
| Deferred income | £1.8m | £966k |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 |
How the business works
- Profit margin
- 0.2%
- Profit ÷ revenue.
- Gross margin
- 15.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £155k
- Revenue ÷ average employees.
- Profit per employee
- £333
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.6%
- 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
- —
- Now −£1.6m
- Cash at bank
- ▼12%
- Now £181k
- Headcount
- ▼8%
- Now 202
- Deferred income
- ▼45%
- Now £966k
- Fixed assets
- ▼40%
- Now £898k
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
- Project Abbie Limitedultimate parent75–100%
- Currie International Holdings Limited75–100%
- Currie European Transport Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Laser Transport International LimitedRev. £20.9m · Profit £511k
Sister companies (5)
- Currie European Transport Holdings LimitedFigures not disclosed
- Currie Transport Services (Dumfries) LimitedFigures not disclosed
- Move IT Express Ltd.Figures not disclosed
- Move-IT Express Storage Ltd.Figures not disclosed
- P.s.ridgway LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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- Profit
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Sources
Latest figures from accounts for the year to 30 Jun 2023 (profit £67.3k), from the Companies House accounts bulk data published Mar 2024. 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.