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Company No. 03597897 · Incorporated 14 Jul 1998

M & S Logistics Limited

Registered name: M & S LOGISTICS LIMITED

Part of Sterlingwood Ltd group

M & S Logistics Limited made £5m profit in the year to 31 Dec 2025 (revenue not disclosed).

M & S Logistics Limited reported £5m profit in the year to 31 Dec 2025, up 35% on the year before; its revenue was not disclosed. It had 43 employees. The company is classified under “sea and coastal freight water transport” and is based in Cheshire; we hold 4 years of its filed accounts.

Profit onlySection H · Transportation and storageSIC 50200Sea and coastal freight water transport
Status
Active
Location
Cheshire, North West
Age
28 yrs · since 1998
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. From the filing: “The immediate and ultimate parent company is Sterlingwood Limited, a company registered in the British Virgin Islands and does not prepare group financial statements.”

Latest accounts · year to 31 Dec 2025

Key figures

Revenue
—
Not disclosed in filing
Profit
£5m
Growth ▲35.1%
Profit margin
—
 
Employees
43
Change ▼6.5%
Profit / employee
£115k
 
Profitable streak
4yrs
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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
DisclosureProfit onlyProfit onlyProfit onlyProfit only
Profit & loss
Revenue (turnover)————
Cost of sales£136m£74.4m£75.4m£77.1m
Profit before tax£22.9m£8.2m£6.6m£6.3m
Profit after tax£16.8m£5.5m£3.7m£5m
Profit (best available)£16.8m£5.5m£3.7m£5m
Staff costs£4.2m£5.4m£3m£2.9m
Employees (average)52484643
Ratios
Profit margin————
Profit per employee£324k£114k£79.8k£115k
Growth (year on year)
Profit growth—▼67.6%▼32.7%▲35.1%
Headcount growth—▼7.7%▼4.2%▼6.5%
Balance sheet — indirect signals, not revenue
Cash at bank£14.6m£27.2m£17.1m£21.8m
Net assets—£27.3m£26m£30.2m
Fixed assets£21.6m£23.1m£22.5m£22.6m
Current assets——£37.8m£43.8m
Debtors£25.2m£12.7m£11.5m£12.2m
Deferred income£28.4m£25.3m£20.6m£20.7m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
£115k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
▲16%
Now £30.2m
Cash at bank
▲27%
Now £21.8m
Headcount
▼7%
Now 43
Deferred income
▲1%
Now £20.7m
Fixed assets
▲0%
Now £22.6m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Sterlingwood Ltd (registered outside the UK register)ultimate parent50–75%
  2. M & S Logistics Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £5m), 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.