FREIGHTROUTE LIMITED
Get an alert when FREIGHTROUTE LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-10 (in 1y)
Last made up 2026-04-26
Watchouts
None on the register
Cash
£3M
+24.8% vs 2023
Net assets
£13M
-2.4% vs 2023
Employees
471
-1.5% vs 2023
Profit before tax
-£361K
+1.7% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £45,247,662 | £47,335,746 | |
| Operating profit | -£81,746 | -£80,235 | |
| Profit before tax | -£367,692 | -£361,282 | |
| Net profit | -£336,845 | -£331,339 | |
| Cash | £2,199,578 | £2,745,968 | |
| Total assets less current liabilities | £14,785,202 | £17,638,610 | |
| Net assets | £13,802,543 | £13,471,204 | |
| Equity | £13,802,543 | £13,471,204 | |
| Average employees | 478 | 471 | |
| Wages | £19,862,937 | £20,661,435 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -0.2% | -0.2% | |
| Net margin | -0.7% | -0.7% | |
| Return on capital employed | -0.6% | -0.5% | |
| Gearing (liabilities / total assets) | 44.7% | 42.7% | |
| Current ratio | 0.99x | 1.79x | |
| Interest cover | -0.27x | -0.25x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors believe that the company will be able to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements. Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.”
Group structure
- FREIGHTROUTE LIMITED · parent
- W.L. Vallance Ltd 100%
Significant events
- “Post year end, due to difficult trading conditions in Quarter 2, the group breached their bank covenants. The directors are confident that covenants will be met for the rest of the financial period and are currently in negotiation with the bank to refinance the borrowings, who remain supportive.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MOUNCH, Bryan | Secretary | 2017-04-06 | — | — |
| BIRD, Alison Teresa | Director | 1997-06-03 | Apr 1965 | British |
| CARDWELL, Nigel Lee | Director | 2006-04-03 | Jan 1963 | British |
| GRANT, Gavin Peter | Director | 2007-05-21 | Oct 1968 | British |
| MOUNCH, Bryan | Director | 2017-04-06 | Jun 1968 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GIBBARD, Dudley William | Secretary | — | 2006-08-31 |
| HURFORD, Michael Scott | Secretary | 2006-09-01 | 2017-04-06 |
| GIBBARD, Dudley William | Director | — | 2006-06-22 |
| GRANT, Anona | Director | — | 1998-11-01 |
| GRANT, Gavin Peter | Director | 1991-07-01 | 2003-09-23 |
| GRANT, Karl James | Director | 1991-07-01 | 2025-07-11 |
| GRANT, Peter Donald | Director | — | 2012-11-16 |
| HARRISON, Andrew Paul | Director | 1997-06-03 | 2006-11-06 |
| HURFORD, Michael Scott | Director | 2008-09-01 | 2017-04-06 |
| KEMPTON, Graham Andrew | Director | 2005-01-04 | 2006-02-28 |
| LEE, Beverley | Director | 1997-06-03 | 2002-02-08 |
| MEADOWCROFT, Christopher | Director | 2011-10-17 | 2020-03-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Gavin Peter Grant | Individual | Shares 50–75% | 2016-04-06 | Active |
Filing timeline
Last 20 of 175 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-05-01 | CH01 | officers | Change person director company with change date | |
| 2025-10-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-15 | AA | accounts | Accounts with accounts type group | |
| 2025-07-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-20 | AA | accounts | Accounts with accounts type group | |
| 2024-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-02 | AA | accounts | Accounts with accounts type group | |
| 2023-05-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-11-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-09-08 | AA | accounts | Accounts with accounts type full | |
| 2022-05-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-01-20 | SH03 | capital | Capital return purchase own shares | |
| 2021-09-07 | AA | accounts | Accounts with accounts type full | |
| 2021-04-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-03-22 | SH03 | capital | Capital return purchase own shares | |
| 2020-12-03 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+4.6%
£45,247,662 £47,335,746
-
Cash
+24.8%
£2,199,578 £2,745,968
-
Net assets
-2.4%
£13,802,543 £13,471,204
-
Employees
-1.5%
478 471
-
Operating profit
+1.8%
-£81,746 -£80,235
-
Profit before tax
+1.7%
-£367,692 -£361,282
-
Wages
+4%
£19,862,937 £20,661,435
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers