Countrywide Freight Group Limited
Registered name: COUNTRYWIDE FREIGHT GROUP LIMITED
Part of CFG Holdings Limited groupCountrywide Freight Group Limited made £31.7m revenue and £932k profit in the year to 31 Mar 2025.
Countrywide Freight Group Limited’s revenue fell 2% to £31.7m in the year to 31 Mar 2025, with £932k profit and 246 employees. The company is classified under “freight transport by road” and is based in Manchester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 32 yrs · since 1994
- 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 | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £39.1m | £40m | £32.4m | £31.7m |
| Cost of sales | £23.6m | £24.6m | £19m | £19.1m |
| Gross profit | £15.4m | £15.5m | £13.5m | £12.6m |
| Operating profit | £2.1m | £1.9m | £1.7m | £1.8m |
| Profit before tax | £2m | £1.7m | £1.4m | £1.4m |
| Profit after tax | £1.6m | £1.4m | £986k | £932k |
| Profit (best available) | £1.6m | £1.4m | £986k | £932k |
| Staff costs | £9.4m | £9.8m | £8.6m | £8.4m |
| Employees (average) | 331 | 321 | 297 | 246 |
| Ratios | ||||
| Profit margin | 4.1% | 3.4% | 3% | 2.9% |
| Gross margin | 39.5% | 38.6% | 41.5% | 39.7% |
| Revenue per employee | £118k | £125k | £109k | £129k |
| Profit per employee | £4.9k | £4.2k | £3.3k | £3.8k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲2.4% | ▼18.9% | ▼2.3% |
| Profit growth | — | ▼15.2% | ▼27.8% | ▼5.4% |
| Headcount growth | — | ▼3% | ▼7.5% | ▼17.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.5k | £0 | £3.4k | £0 |
| Net assets | £10.2m | £12.6m | £11.8m | £13m |
| Fixed assets | £7.9m | £10.6m | £10.6m | £11m |
| Current assets | £13.8m | £12.8m | £10.6m | £15.3m |
| Debtors | £5.7m | £5m | £4.4m | £4.8m |
| Deferred income | £636k | £728k | £317k | £183k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 2.9%
- Profit ÷ revenue.
- Gross margin
- 39.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £129k
- Revenue ÷ average employees.
- Profit per employee
- £3.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 34.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15%
- 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
- ▲10%
- Now £13m
- Cash at bank
- ▼100%
- Now £0
- Headcount
- ▼17%
- Now 246
- Deferred income
- ▼42%
- Now £183k
- Fixed assets
- ▲3%
- Now £11m
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
- CFG Holdings Limitedultimate parent75–100%
- Countrywide Freight Group Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- Countrywide Freight (Midlands) LimitedActive - Proposal to Strike offFigures not disclosed
- Countrywide Freight (Northern Ireland) LimitedActive - Proposal to Strike offFigures not disclosed
- Countrywide Freight (Northern) LimitedActive - Proposal to Strike offFigures not disclosed
- Countrywide Freight (Southern) LimitedActive - Proposal to Strike offFigures not disclosed
Sister companies (1)
- Mandark Freight Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £932k), 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.