Cargostore Worldwide Trading Limited
Registered name: CARGOSTORE WORLDWIDE TRADING LIMITED
Part of Maxton Topco Limited groupCargostore Worldwide Trading Limited made £14.5m revenue and £4.9m profit in the year to 31 Dec 2024. read from filing text
Cargostore Worldwide Trading Limited’s revenue grew 7% to £14.5m in the year to 31 Dec 2024, with £4.9m profit and 19 employees. The company is classified under “renting and leasing of other machinery, equipment and tangible goods” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 10 yrs · since 2015
- 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 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £11.2m | £13.5m | £14.5m |
| Cost of sales | £4.2m | £4.8m | £5.1m |
| Gross profit | £7m | £8.8m | £9.4m |
| Operating profit | £4m | £4.9m | £5.8m |
| Profit before tax | £3.9m | £4.9m | £5.8m |
| Profit after tax | £3.6m | £3.9m | £4.9m |
| Profit (best available) | £3.6m | £3.9m | £4.9m |
| Employees (average) | 15 | 17 | 19 |
| Ratios | |||
| Profit margin | 32.2% | 29% | 34% |
| Gross margin | 62.3% | 64.8% | 64.8% |
| Revenue per employee | £745k | £797k | £765k |
| Profit per employee | £240k | £231k | £260k |
| Growth (year on year) | |||
| Revenue growth | — | ▲21.2% | ▲7.3% |
| Profit growth | — | ▲9% | ▲25.9% |
| Headcount growth | — | ▲13.3% | ▲11.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.2m | £3.1m | £3.8m |
| Net assets | £15.6m | £18.9m | £23.4m |
| Fixed assets | £13.6m | £13.5m | £14m |
| Current assets | £6.8m | £12.4m | £15.1m |
| Debtors | £2.1m | £2.3m | £2.6m |
| Deferred income | £1.1m | £1.7m | £1m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 34%
- Profit ÷ revenue.
- Gross margin
- 64.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £765k
- Revenue ÷ average employees.
- Profit per employee
- £260k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 96.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 7.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.6%
- 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
- ▲24%
- Now £23.4m
- Cash at bank
- ▲23%
- Now £3.8m
- Headcount
- ▲12%
- Now 19
- Deferred income
- ▼40%
- Now £1m
- Fixed assets
- ▲3%
- Now £14m
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
- Maxton Topco Limitedultimate parent75–100%
- Maxton Midco Limited75–100%
- Maxton Bidco Limited75–100%
- Cargostore Worldwide Trading Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Environstore LimitedFigures not disclosed
- Reftrade UK Ltd.Figures 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 Dec 2024 (profit £4.9m), 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.