How much does Waddell Haulage Limited make?

Waddell Haulage Limited reported revenue of £7.7m and £689k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Waddell Haulage Limited have?

Waddell Haulage Limited reported an average of 16 employees in the year to 31 Dec 2024.

Is Waddell Haulage Limited profitable?

Yes — Waddell Haulage Limited reported a profit of £689k in the year to 31 Dec 2024.

Company No. SC585590 · Incorporated 15 Jan 2018

Waddell Haulage Limited

Registered name: WADDELL HAULAGE LIMITED

Waddell Haulage Limited made £7.7m revenue and £689k profit in the year to 31 Dec 2024.

Waddell Haulage Limited’s revenue fell 22% to £7.7m in the year to 31 Dec 2024, with £689k profit and 16 employees. The company is classified under “freight transport by road” and is based in Edinburgh; we hold 3 years of its filed accounts.

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

Status: Liquidation
Location: Edinburgh, Scotland
Age: 8 yrs · since 2018
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentBoring industry

Revenue

£7.7m

Growth ▼22.2%

Profit

£689k

Growth ▼19.9%

Profit margin

Gross 23.2%

Employees

Change 0%

Profit / employee

£43.1k

Revenue/employee £481k

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 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2.7m	£9.9m	£7.7m
Cost of sales	£2.3m	£8.5m	£5.9m
Gross profit	£357k	£1.4m	£1.8m
Operating profit	£169k	£1m	£982k
Profit before tax	£147k	£960k	£825k
Profit after tax	£49.7k	£860k	£689k
Profit (best available)	£49.7k	£860k	£689k
Employees (average)	11	16	16
Ratios
Profit margin	1.8%	8.7%	9%
Gross margin	13.3%	14.3%	23.2%
Revenue per employee	£245k	£618k	£481k
Profit per employee	£4.5k	£53.8k	£43.1k
Growth (year on year)
Revenue growth	—	▲266.9%	▼22.2%
Profit growth	—	▲1631%	▼19.9%
Headcount growth	—	▲45.5%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£30.5k	£306k	£98.8k
Net assets	£24.5k	£885k	£1.6m
Fixed assets	£697k	£2.1m	£2.5m
Current assets	£207k	£1m	£1.9m
Debtors	£53.4k	£94.7k	£105k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 9%; Profit ÷ revenue.
Gross margin: 23.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £481k; Revenue ÷ average employees.
Profit per employee: £43.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 32.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.4%; 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: ▲78%; Now £1.6m
Cash at bank: ▼68%; Now £98.8k
Headcount: 0%; Now 16
Deferred income: —; Now —
Fixed assets: ▲22%; Now £2.5m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £689k), from the Companies House accounts bulk data published Sep 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.