How much does N.e. Truck Spares Limited make?

N.e. Truck Spares Limited reported revenue of £24.8m and £424k profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does N.e. Truck Spares Limited have?

N.e. Truck Spares Limited reported an average of 88 employees in the year to 31 Mar 2024.

Is N.e. Truck Spares Limited profitable?

Yes — N.e. Truck Spares Limited reported a profit of £424k in the year to 31 Mar 2024.

Company No. 01191566 · Incorporated 25 Nov 1974

N.e. Truck Spares Limited

Registered name: N.E. TRUCK SPARES LIMITED

N.e. Truck Spares Limited made £24.8m revenue and £424k profit in the year to 31 Mar 2024.

N.e. Truck Spares Limited’s revenue was £24.8m in the year to 31 Mar 2024, with £424k profit and 88 employees. The company is classified under “retail trade of motor vehicle parts and accessories” and is based in Houghton Le Spring; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45320Retail trade of motor vehicle parts and accessories

Status: Active
Location: Houghton Le Spring, North East
Age: 51 yrs · since 1974
Type: Private Limited Company

Latest accounts · year to 31 Mar 2024

Key figures

IndependentCapital-lightCash flow filed

Revenue

£24.8m

Growth —

Profit

£424k

Growth —

Profit margin

1.7%

Gross 24.1%

Employees

Change —

Profit / employee

£4.8k

Revenue/employee £282k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Mar 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£18m	£24.8m
Cost of sales	£13.6m	£18.9m
Gross profit	£4.3m	£6m
Profit before tax	£389k	£584k
Profit after tax	£320k	£424k
Profit (best available)	£320k	£424k
Staff costs	£2.5m	£3.3m
Employees (average)	83	88
Ratios
Profit margin	1.8%	1.7%
Gross margin	24.2%	24.1%
Revenue per employee	£216k	£282k
Profit per employee	£3.9k	£4.8k
Balance sheet — indirect signals, not revenue
Cash at bank	£166k	£71.3k
Net assets	£1.5m	£1.9m
Fixed assets	£346k	£426k
Current assets	£7.5m	£7.9m
Debtors	£3.7m	£4m
Cash from operations	£481k	£602k
Source	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Mar 2025

Derived from the latest filing

How the business works

Profit margin: 1.7%; Profit ÷ revenue.
Gross margin: 24.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £282k; Revenue ÷ average employees.
Profit per employee: £4.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.2%; 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: —; Now £1.9m
Cash at bank: —; Now £71.3k
Headcount: —; Now 88
Deferred income: —; Now —
Fixed assets: —; Now £426k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £424k), from the Companies House accounts bulk data published Mar 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.