West Midlands Transport Solutions Limited
Registered name: WEST MIDLANDS TRANSPORT SOLUTIONS LIMITED
West Midlands Transport Solutions Limited made £1.1m revenue and £66.7k profit in the year to 31 Jan 2024.
West Midlands Transport Solutions Limited’s revenue grew 22% to £1.1m in the year to 31 Jan 2024, with £66.7k profit and 2 employees. The company is classified under “freight transport by road” and is based in Willenhall; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Willenhall, West Midlands
- Age
- 8 yrs · since 2018
- 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 Jan 2023 | 31 Jan 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £932k | £1.1m |
| Gross profit | £932k | £1.1m |
| Operating profit | −£177k | £66.7k |
| Profit before tax | −£177k | £66.7k |
| Profit after tax | −£177k | £66.7k |
| Profit (best available) | −£177k | £66.7k |
| Employees (average) | 2 | 2 |
| Ratios | ||
| Profit margin | −19% | 5.9% |
| Gross margin | 100% | 100% |
| Revenue per employee | £466k | £567k |
| Profit per employee | −£88.6k | £33.4k |
| Growth (year on year) | ||
| Revenue growth | — | ▲21.7% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £21.9k | £11.8k |
| Net assets | −£267k | −£200k |
| Fixed assets | £126k | £114k |
| Current assets | £70.9k | £155k |
| Debtors | £29.1k | £43.6k |
| Deferred income | £500 | £600 |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 |
How the business works
- Profit margin
- 5.9%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £567k
- Revenue ÷ average employees.
- Profit per employee
- £33.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 10%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.8%
- 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
- —
- Now −£200k
- Cash at bank
- ▼46%
- Now £11.8k
- Headcount
- 0%
- Now 2
- Deferred income
- ▲20%
- Now £600
- Fixed assets
- ▼10%
- Now £114k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Transport Andi LtdSkelmersdale · Freight transport by road
- Revenue
- £1.2m
- Profit
- £22.4k
- Staff
- 5
- J E Winter Haulage LimitedMiddlesbrough · Freight transport by road
- Revenue
- £1.2m
- Profit
- £54.7k
- Staff
- 0
- Mount Street Enterprises LimitedMayfield · Freight transport by road
- Revenue
- £1.2m
- Profit
- £99.1k
- Staff
- 0
- Rhino Logistex LtdSheffield · Freight transport by road
- Revenue
- £1.3m
- Profit
- £59.6k
- Staff
- 0
- LKW Phoenix Trans LimitedBurton-on-Trent · Freight transport by road
- Revenue
- £1.3m
- Profit
- £28.9k
- Staff
- 4
- Complete Logistics LimitedLeicester · Freight transport by road
- Revenue
- £1.3m
- Profit
- £1.9k
- Staff
- 9
Sources
Latest figures from FullAccounts for the year to 31 Jan 2024 (profit £66.7k), from the Companies House accounts bulk data published Nov 2024. 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.