James Baxter Haulage Limited
Registered name: JAMES BAXTER HAULAGE LIMITED
James Baxter Haulage Limited made £8m revenue and £309k profit in the year to 31 Mar 2026.
James Baxter Haulage Limited’s revenue fell 4% to £8m in the year to 31 Mar 2026, with £309k profit and 60 employees. The company is classified under “freight transport by road” and is based in Coalville; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Coalville, East Midlands
- Age
- 23 yrs · since 2003
- Type
- Private Limited Company
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 | 31 Mar 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £6.6m | £7.6m | £7.5m | £8.3m | £8m |
| Cost of sales | £4.8m | £5.7m | £5.4m | £5.9m | £5.9m |
| Gross profit | £1.8m | £1.9m | £2.2m | £2.4m | £2.1m |
| Operating profit | £549k | £726k | £718k | £595k | £490k |
| Profit before tax | £514k | £679k | £668k | £537k | £414k |
| Profit after tax | £492k | £485k | £503k | £387k | £309k |
| Profit (best available) | £492k | £485k | £503k | £387k | £309k |
| Staff costs | £2.3m | £2.5m | £2.8m | £3.2m | £3.3m |
| Employees (average) | 55 | 54 | 54 | 59 | 60 |
| Ratios | |||||
| Profit margin | 7.5% | 6.3% | 6.7% | 4.7% | 3.9% |
| Gross margin | 26.9% | 25% | 28.6% | 28.6% | 26.2% |
| Revenue per employee | £119k | £141k | £140k | £140k | £133k |
| Profit per employee | £8.9k | £9k | £9.3k | £6.6k | £5.2k |
| Cash conversion | 219.4% | 221.3% | 231.8% | 161.8% | 373.3% |
| Growth (year on year) | |||||
| Revenue growth | — | ▲16.4% | ▼1.2% | ▲9.9% | ▼3.7% |
| Profit growth | — | ▼1.6% | ▲3.8% | ▼23.1% | ▼20% |
| Headcount growth | — | ▼1.8% | 0% | ▲9.3% | ▲1.7% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £682k | £1.1m | £864k | £853k | £1.2m |
| Net assets | £2.6m | £2.8m | £3.1m | £3.3m | £3.3m |
| Fixed assets | £3.5m | £3.8m | £3.9m | £4.1m | £4.4m |
| Current assets | £1.8m | £2.3m | £2.1m | £2.4m | £2.6m |
| Debtors | £947k | £1.1m | £1m | £1.4m | £1.2m |
| Cash from operations | £1.2m | £1.6m | £1.7m | £963k | £1.8m |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 3.9%
- Profit ÷ revenue.
- Gross margin
- 26.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £133k
- Revenue ÷ average employees.
- Profit per employee
- £5.2k
- Profit ÷ average employees.
- Cash conversion
- 373.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 54.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.2%
- 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
- ▲2%
- Now £3.3m
- Cash at bank
- ▲40%
- Now £1.2m
- Headcount
- ▲2%
- Now 60
- Deferred income
- —
- Now —
- Fixed assets
- ▲7%
- Now £4.4m
Similar profitable businesses
- Howard's Distribution LimitedKing's Cliffe · Freight transport by road
- Revenue
- £8m
- Profit
- £238k
- Staff
- 64
- Frenni Transport LimitedCrymych · Freight transport by road
- Revenue
- £8m
- Profit
- £126k
- Staff
- 83
- Fegan Transport LtdGilford · Freight transport by road
- Revenue
- £8.1m
- Profit
- £303k
- Staff
- 66
- Galt Transport LimitedFreight transport by road
- Revenue
- £7.8m
- Profit
- £543k
- Staff
- 55
- McLaughlan Transport (Perth) LimitedPerth · Freight transport by road
- Revenue
- £8.2m
- Profit
- £1.2m
- Staff
- 71
- Lays International LimitedThorpe · Freight transport by road
- Revenue
- £7.7m
- Profit
- £473k
- Staff
- 63
Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £309k), from the Companies House accounts bulk data published Aug 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.