MAINFREIGHT UK LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-11 (in 10mo)
Last made up 2026-02-25
Watchouts
None on the register
Cash
£2M
+2% highest in 6 filed years
Net assets
£6M
+27.5% highest in 6 filed years
Employees
80
-2.4% vs 2024
Profit before tax
£2M
+9% vs 2024
Net assets
10-year trend · vs Industrials median
Accounts
10-year trend · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2020-04-01 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £31,400,864 | — | £37,966,756 | — | £35,476,705 | £42,185,676 | |
| Operating profit | — | — | — | — | £369,792 | — | £1,894,101 | — | £1,452,942 | £1,589,089 | |
| Profit before tax | — | — | — | — | £354,296 | — | £1,850,426 | — | £1,460,105 | £1,591,126 | |
| Net profit | £463,447 | — | £420,264 | — | £322,916 | — | £1,510,902 | — | £1,033,249 | £1,191,991 | |
| Cash | £762,881 | — | £777,470 | — | £845,896 | — | £481,701 | — | £1,640,937 | £1,674,227 | |
| Total assets less current liabilities | £1,059,025 | — | £1,493,928 | — | £1,956,641 | — | £3,488,511 | — | £4,544,299 | £5,746,234 | |
| Net assets | £1,052,937 | — | £1,473,201 | — | £1,796,117 | — | £3,307,019 | — | £4,340,268 | £5,532,259 | |
| Equity | £1,052,937 | £1,052,937 | £1,473,201 | £1,473,201 | £1,796,117 | £1,796,117 | £3,307,019 | £3,307,019 | £4,340,268 | £5,532,259 | |
| Average employees | 16 | — | 22 | — | 34 | — | 70 | — | 82 | 80 | |
| Wages | — | — | — | — | £1,602,855 | — | £2,909,699 | — | £3,184,349 | £3,661,767 |
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 | 2020-03-31 | 2020-04-01 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 1.2% | — | 5.0% | — | 4.1% | 3.8% | |
| Net margin | — | — | — | — | 1.0% | — | 4.0% | — | 2.9% | 2.8% | |
| Return on capital employed | — | — | — | — | 18.9% | — | 54.3% | — | 32.0% | 27.7% | |
| Interest cover | — | — | — | — | 23.86x | — | 43.37x | — | — | — |
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 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Desaur LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “As of April 2024, the transport division opened in the UK.”
- “Since November 2024, the Transport division has grown from one to four trucks and are keen to continue growing whilst providing a high quality service to their customers.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRAID, Donald Robert | Director | 2016-03-23 | Nov 1959 | New Zealander |
| FITTS, Benjamin Hamilton | Director | 2016-03-16 | Dec 1976 | New Zealander |
| ILLING, Graeme Gordon | Director | 2024-02-01 | Oct 1968 | New Zealander |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOWARD-SMITH, Carl Gascoigne Oliver | Director | 2016-03-23 | 2023-07-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Benjamin Hamilton Fitts | Individual | Significant influence | 2016-05-01 | Active |
Filing timeline
Last 20 of 27 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-06 | AA | accounts | Accounts with accounts type full | |
| 2025-03-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-01 | AA | accounts | Accounts with accounts type full | |
| 2024-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-07 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-09 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-08 | AA | accounts | Accounts with accounts type full | |
| 2023-03-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-01 | AA | accounts | Accounts with accounts type small | |
| 2022-03-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-06-16 | AA | accounts | Accounts with accounts type small | |
| 2021-06-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-06-12 | AA | accounts | Accounts with accounts type small | |
| 2020-05-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-05-13 | AA | accounts | Accounts with accounts type small | |
| 2019-03-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-07-18 | AA | accounts | Accounts with accounts type small | |
| 2018-03-15 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+18.9%
£35,476,705 £42,185,676
highest in 4 filed years
-
Cash
+2%
£1,640,937 £1,674,227
highest in 6 filed years
-
Net assets
+27.5%
£4,340,268 £5,532,259
highest in 6 filed years
-
Employees
-2.4%
82 80
-
Operating profit
+9.4%
£1,452,942 £1,589,089
-
Profit before tax
+9%
£1,460,105 £1,591,126
-
Wages
+15%
£3,184,349 £3,661,767
highest in 4 filed years
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