How much does Puzzle Freight Limited make?

Puzzle Freight Limited reported revenue of £8.9m and £74k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Puzzle Freight Limited have?

Puzzle Freight Limited reported an average of 14 employees in the year to 31 Dec 2025.

Is Puzzle Freight Limited profitable?

Yes — Puzzle Freight Limited reported a profit of £74k in the year to 31 Dec 2025.

Company No. 10579266 · Incorporated 24 Jan 2017

Puzzle Freight Limited

Registered name: PUZZLE FREIGHT LIMITED

Puzzle Freight Limited made £8.9m revenue and £74k profit in the year to 31 Dec 2025.

Puzzle Freight Limited’s revenue grew 7% to £8.9m in the year to 31 Dec 2025, with £74k profit and 14 employees. The company is classified under “cargo handling for air transport activities” and is based in West Drayton; we hold 4 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 52242Cargo handling for air transport activities

Status: Active
Location: West Drayton, London
Age: 9 yrs · since 2017
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

Independent

Revenue

£8.9m

Growth ▲7.2%

Profit

£74k

Growth ▼3.1%

Profit margin

0.8%

Gross 21%

Employees

Change —

Profit / employee

£5.3k

Revenue/employee £637k

Profitable streak

4yrs

Consecutive profitable years in our data

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 to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9.4m	£8.7m	£8.3m	£8.9m
Cost of sales	—	£7.2m	£6.9m	£7m
Gross profit	£1.2m	£1.5m	£1.5m	£1.9m
Operating profit	£294k	£191k	£95.2k	£107k
Profit before tax	£294k	£190k	£95.2k	£107k
Profit after tax	£236k	£141k	£76.3k	£74k
Profit (best available)	£236k	£141k	£76.3k	£74k
Employees (average)	-9	-11	0	14
Ratios
Profit margin	2.5%	1.6%	0.9%	0.8%
Gross margin	12.7%	16.7%	17.6%	21%
Revenue per employee	−£1m	−£789k	—	£637k
Profit per employee	−£26.2k	−£12.8k	—	£5.3k
Growth (year on year)
Revenue growth	—	▼7.3%	▼4.2%	▲7.2%
Profit growth	—	▼40.4%	▼45.8%	▼3.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£370k	£597k	£582k	£401k
Net assets	£638k	£739k	£685k	£639k
Fixed assets	£23.8k	£12k	£8k	—
Current assets	£1.8m	£1.8m	£1.8m	£1.7m
Debtors	£1.4m	£1.2m	£1.2m	£1.3m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 0.8%; Profit ÷ revenue.
Gross margin: 21%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £637k; Revenue ÷ average employees.
Profit per employee: £5.3k; 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: 14.5%; 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: ▼7%; Now £639k
Cash at bank: ▼31%; Now £401k
Headcount: —; Now 14
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £74k), 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.