TRANSPORT EXCHANGE GROUP LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-25 (in 6mo)
Last made up 2025-11-11
Watchouts
None on the register
Cash
£2M
+96.2% highest in 5 filed years
Net assets
£591K
+2.9% first positive since 2020
Employees
91
+12.3% highest in 5 filed years
Profit before tax
£156K
+233.3% vs 2023
Net assets
6-year trend · vs Technology median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £13,718,985 | £15,256,729 | |
| Operating profit | — | — | — | — | -£281,842 | £134,342 | |
| Profit before tax | — | — | — | — | -£116,889 | £155,833 | |
| Net profit | — | — | — | £1,222,684 | £56,465 | £486,493 | |
| Cash | £210,150 | £863,859 | — | £794,864 | £1,085,771 | £2,130,580 | |
| Total assets less current liabilities | £828,240 | -£492,127 | — | — | £585,576 | £591,111 | |
| Net assets | £820,015 | -£495,631 | — | £1,080,200 | £574,298 | £591,111 | |
| Equity | £820,015 | -£495,631 | £244,791 | — | £574,298 | £591,111 | |
| Average employees | 50 | 53 | — | 72 | 81 | 91 | |
| Wages | — | — | — | £4,236,469 | £6,482,307 | £5,579,877 | |
| Directors' remuneration | — | — | — | — | £103,337 | £103,337 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+11.2%
£13,718,985 £15,256,729
-
Cash
+96.2%
£1,085,771 £2,130,580
highest in 5 filed years
-
Net assets
+2.9%
£574,298 £591,111
first positive since 2020
-
Employees
+12.3%
81 91
highest in 5 filed years
-
Operating profit
+147.7%
-£281,842 £134,342
-
Profit before tax
+233.3%
-£116,889 £155,833
-
Wages
-13.9%
£6,482,307 £5,579,877
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | -2.1% | 0.9% | |
| Net margin | — | — | — | — | 0.4% | 3.2% | |
| Return on capital employed | — | — | — | — | -48.1% | 22.7% | |
| Gearing (liabilities / total assets) | — | — | — | — | 93.8% | 94.1% | |
| Current ratio | — | — | — | — | 1.05x | 1.05x | |
| Interest cover | — | — | — | — | — | 12.07x |
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.
Name history
Renamed 2 times since incorporation
- TRANSPORT EXCHANGE GROUP LIMITED 2005-04-15 → present
- COURIER EXCHANGE LIMITED 1999-04-08 → 2005-04-15
- CASTLE HANDLING CO LIMITED 1997-11-12 → 1999-04-08
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- HaysMac LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis. The Directors have prepared cash flow forecasts through to 31 March 2027, covering the 12 month period beyond the signing date of these financial statements. These forecasts project the potential revenue profiles from the continued operation of the business' core services. The Directors consider there to be sufficient existing resources to operate for the foreseeable future and the Board has concluded that the going concern assumption is appropriate in preparing these financial statements.”
Group structure
- TRANSPORT EXCHANGE GROUP LIMITED · parent
- Courier Exchange Europe Limited 100%
- CX NA Limited 100%
Significant events
- “After the year end, the company signed a new lease with a term of 5 years and annual payments of £688,440. This represents a non-adjusting post balance sheet event and does not impact the amounts recognised in these financial statements.”
- “Subsequent to the year end an interim dividend of £619,680 was paid.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CRESSWELL, Lyall Roger | Secretary | 2000-10-13 | — | British |
| CRESSWELL, Candice Nicole | Director | 2018-11-16 | Nov 1971 | British |
| CRESSWELL, Lyall Roger | Director | 1997-11-12 | Jan 1968 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CRESSWELL, Lyall Roger | Secretary | 1997-11-12 | 2000-02-16 |
| HOPKIN, Richard Sandy | Secretary | 2000-02-16 | 2000-10-13 |
| JOSEPH, Andrew | Nominee Secretary | 1997-11-12 | 1997-11-12 |
| CRESSWELL, Maurice Michael | Director | 1997-11-12 | 2016-06-19 |
| CRESSWELL, Susan Janet | Director | 2016-11-01 | 2018-11-16 |
| CRESSWELL, Susan Janet | Director | 1997-11-12 | 2016-10-31 |
| LITHERLAND, Amanda Jean | Nominee Director | 1997-11-12 | 1997-11-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Lyall Roger Cresswell | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 117 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-07-05 RESOLUTIONS Resolution
- 2024-07-05 MA Memorandum articles
- 2024-07-05 RESOLUTIONS Resolution
- 2024-07-01 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-17 | AA | accounts | Accounts with accounts type group | |
| 2025-11-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-29 | AA | accounts | Accounts with accounts type group | |
| 2024-07-05 | RESOLUTIONS | resolution | Resolution | |
| 2024-07-05 | MA | incorporation | Memorandum articles | |
| 2024-07-05 | RESOLUTIONS | resolution | Resolution | |
| 2024-07-01 | RESOLUTIONS | resolution | Resolution | |
| 2023-12-19 | AA | accounts | Accounts with accounts type group | |
| 2023-11-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-14 | CH01 | officers | Change person director company with change date | |
| 2023-11-14 | CH01 | officers | Change person director company with change date | |
| 2023-11-14 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-11-14 | CH03 | officers | Change person secretary company with change date | |
| 2022-11-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-08-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-04-06 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-12-30 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-11-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-12-10 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.