M9 Logistics Limited
Registered name: M9 LOGISTICS LIMITED
M9 Logistics Limited made £93.9m revenue and £1.7m profit in the year to 31 Dec 2024.
M9 Logistics Limited’s revenue fell 6% to £93.9m in the year to 31 Dec 2024, with £1.7m profit and 138 employees. The company is classified under “non-specialised wholesale trade” and is based in Stallingborough; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Stallingborough, Yorkshire and The Humber
- Age
- 13 yrs · since 2012
- 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 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £43.1m | £106m | £100m | £93.9m |
| Cost of sales | £38.2m | £97.8m | £91.3m | £84.4m |
| Gross profit | £4.9m | £7.8m | £9m | £9.5m |
| Operating profit | £1.9m | £3.8m | £3.1m | £1.8m |
| Profit before tax | £1.6m | £3.7m | £3.3m | −£243k |
| Profit after tax | £163k | £1.1m | £1.7m | £1.7m |
| Profit (best available) | £163k | £1.1m | £1.7m | £1.7m |
| Staff costs | £2m | £3m | £3.8m | £4.8m |
| Employees (average) | 53 | 85 | 79 | 138 |
| Ratios | ||||
| Profit margin | 0.4% | 1% | 1.7% | 1.8% |
| Gross margin | 11.4% | 7.4% | 9% | 10.1% |
| Revenue per employee | £814k | £1.2m | £1.3m | £680k |
| Profit per employee | £3.1k | £12.6k | £21k | £12.4k |
| Cash conversion | 63.5% | 115% | −9.2% | −69.6% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲144.9% | ▼5% | ▼6.5% |
| Profit growth | — | ▲553.6% | ▲55.3% | ▲3% |
| Headcount growth | — | ▲60.4% | ▼7.1% | ▲74.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £64k | £375k | £1.5m | £494k |
| Net assets | £1.7m | £2.8m | £3.6m | £4.6m |
| Fixed assets | £4.8m | £4.6m | £7.2m | £7.3m |
| Current assets | £412k | £1.4m | £2.8m | £3.1m |
| Debtors | £348k | £1.1m | £1.3m | £2.6m |
| Cash from operations | £1.2m | £4.4m | −£286k | −£1.2m |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 1.8%
- Profit ÷ revenue.
- Gross margin
- 10.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £680k
- Revenue ÷ average employees.
- Profit per employee
- £12.4k
- Profit ÷ average employees.
- Cash conversion
- −69.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.8%
- 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
- ▲28%
- Now £4.6m
- Cash at bank
- ▼67%
- Now £494k
- Headcount
- ▲75%
- Now 138
- Deferred income
- —
- Now —
- Fixed assets
- ▲1%
- Now £7.3m
Group structure
Subsidiaries (2)
- Selvic Handling & Warehousing LimitedRev. — · Profit £73.3k
- Selvic Shipping Services LimitedRev. — · Profit £32.5k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.7m), 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.