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Company No. 11130603 · Incorporated 3 Jan 2018

New Way Transport Ltd

Registered name: NEW WAY TRANSPORT LTD

New Way Transport Ltd made £495k revenue and £20.3k profit in the year to 31 Jan 2025.

New Way Transport Ltd’s revenue grew 26% to £495k in the year to 31 Jan 2025, with £20.3k profit and 13 employees. The company is classified under “freight transport by road” and is based in Ipswich; we hold 3 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49410Freight transport by road
Status
Active
Location
Ipswich, East of England
Age
8 yrs · since 2018
Type
Private Limited Company
Latest accounts · year to 31 Jan 2025

Key figures

IndependentOperating leverageBoring industry
Revenue
£495k
Growth ▲26.3%
Profit
£20.3k
Growth ▲327%
Profit margin
4.1%
Gross 69.8%
Employees
13
Change ▲333.3%
Profit / employee
£1.6k
Revenue/employee £38k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jan 202331 Jan 202431 Jan 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£245k£391k£495k
Cost of sales£246k£146k£150k
Gross profit−£723£245k£345k
Operating profit−£723£5.9k£37.4k
Profit before tax−£723£5.9k£25k
Profit after tax−£723£4.7k£20.3k
Profit (best available)−£723£4.7k£20.3k
Employees (average)2313
Ratios
Profit margin−0.3%1.2%4.1%
Gross margin−0.3%62.7%69.8%
Revenue per employee£122k£130k£38k
Profit per employee−£362£1.6k£1.6k
Growth (year on year)
Revenue growth—▲59.9%▲26.3%
Profit growth——▲327%
Headcount growth—▲50%▲333.3%
Balance sheet — indirect signals, not revenue
Cash at bank£65.3k£79.8k£60.6k
Net assets−£723£5.9k£20.3k
Fixed assets£169k£198k£232k
Current assets£65.3k£89.7k£73.5k
Debtors—£10k£12.9k
SourceFullAccounts · bulk data Oct 2024FullAccounts · bulk data Oct 2024FullAccounts · bulk data Oct 2025
Derived from the latest filing

How the business works

Profit margin
4.1%
Profit ÷ revenue.
Gross margin
69.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£38k
Revenue ÷ average employees.
Profit per employee
£1.6k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
46.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
2.6%
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
▲246%
Now £20.3k
Cash at bank
▼24%
Now £60.6k
Headcount
▲333%
Now 13
Deferred income
—
Now —
Fixed assets
▲17%
Now £232k
Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £20.3k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.