Steder Group (UK) Limited
Registered name: STEDER GROUP (UK) LIMITED
Part of Neele-Vat Sg Holding B.V. groupSteder Group (UK) Limited made £33.7m revenue and £3.3m profit in the year to 31 Dec 2025. read from filing text
Steder Group (UK) Limited’s revenue fell 20% to £33.7m in the year to 31 Dec 2025, with £3.3m profit and 64 employees. The company is classified under “freight rail transport” and is based in Glasgow; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 11 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 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £38.7m | £30.9m | £42.1m | £33.7m |
| Cost of sales | £30.5m | £23m | £32.9m | £25.8m |
| Gross profit | £8.2m | £7.9m | £9.2m | £7.9m |
| Operating profit | £4.8m | £4.3m | £5.6m | £4.2m |
| Profit before tax | £4.8m | £4.3m | £5.7m | £4.4m |
| Profit after tax | £3.9m | £3.3m | £4.3m | £3.3m |
| Profit (best available) | £3.9m | £3.3m | £4.3m | £3.3m |
| Staff costs | £2.3m | £2.5m | £2.7m | £3m |
| Employees (average) | 52 | 58 | 62 | 64 |
| Ratios | ||||
| Profit margin | 10% | 10.7% | 10.2% | 9.7% |
| Gross margin | 21.3% | 25.5% | 21.9% | 23.4% |
| Revenue per employee | £744k | £532k | £678k | £526k |
| Profit per employee | £74.4k | £56.7k | £69.3k | £51.1k |
| Cash conversion | — | — | −93.3% | −118.9% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼20.3% | ▲36.3% | ▼19.9% |
| Profit growth | — | ▼15% | ▲30.7% | ▼23.9% |
| Headcount growth | — | ▲11.5% | ▲6.9% | ▲3.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £4.7m | £6.9m | £3.9m | £4.6m |
| Net assets | £6.5m | £8.1m | £5.3m | £5.4m |
| Fixed assets | £382k | £335k | £244k | £114k |
| Current assets | £11.3m | £12.9m | £10.2m | £9.8m |
| Debtors | £6.4m | £5.9m | £6.2m | £4.8m |
| Deferred income | £637k | £900k | £574k | £861k |
| Cash from operations | — | — | −£5.2m | −£5m |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 9.7%
- Profit ÷ revenue.
- Gross margin
- 23.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £526k
- Revenue ÷ average employees.
- Profit per employee
- £51.1k
- Profit ÷ average employees.
- Cash conversion
- −118.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.3%
- 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
- ▲2%
- Now £5.4m
- Cash at bank
- ▲20%
- Now £4.6m
- Headcount
- ▲3%
- Now 64
- Deferred income
- ▲50%
- Now £861k
- Fixed assets
- ▼53%
- Now £114k
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
- Neele-Vat Sg Holding B.V. (registered outside the UK register)ultimate parent75–100%
- Steder Group (UK) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Steder Brokerage UK LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Multimodal Logistics LimitedFelixstowe · Freight rail transport
- Revenue
- £24.2m
- Profit
- £820k
- Staff
- 90
- BCD Logistics LtdManchester · Freight rail transport
- Revenue
- £21.6m
- Profit
- £1.4m
- Staff
- 101
- Portrail Group LimitedHarlow · Freight rail transport
- Revenue
- £18.7m
- Profit
- £1.4m
- Staff
- 67
- Spedition Services LimitedLeatherhead · Freight rail transport
- Revenue
- £16.9m
- Profit
- £2m
- Staff
- 20
- Tels Global UK LimitedWhetstone · Freight rail transport
- Revenue
- £74.6m
- Profit
- £211k
- Staff
- 38
- 3rd Party Logistics LtdFelixstowe · Freight rail transport
- Revenue
- £14m
- Profit
- £269k
- Staff
- 27
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £3.3m), from the Companies House accounts bulk data published Apr 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.