PALLET - TRACK LIMITED

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

• Turnover

  +6.8%

  £138,316,030 → £147,676,782

• Cash

  +126.1%

  £1,684,650 → £3,809,454

• Net assets

  +102.2%

  £2,162,876 → £4,373,364

• Employees

  +6.2%

  178 → 189

• Operating profit

  +61.1%

  £3,259,479 → £5,250,516

• Profit before tax

  +52%

  £3,452,184 → £5,248,127

• Wages

  +2.8%

  £7,140,006 → £7,337,366

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit 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. Management has stress tested their forecasts and the company has sufficient cash levels to meet its liabilities for at least the next 12 months thus supporting the assertion to prepare the accounts on a going concern basis.”

Group structure

1. PALLET - TRACK LIMITED · parent
   1. Pallet-Track Sussex Limited 100% · UK · Pallet and Freight Logistics
   2. Pallet-Track Services Limited 100% · UK · Freight Transport by road

Significant events

• “The board continues to pursue its strategy of growth through tech-enabled businesses. During the year the business invested heavily in the establishment of its own in-house tech capability, to develop its own new NMS system. This market leading system will enhance the service already provided to its shareholder members and is due to be rolled out in H2 2025. In addition, the Board have signed a 10-Year Lease for a 20-acre site which will house the business' Headquarters and Central Hub securing its growth for the future. Transition to the new site with be throughout Q3/4 2025.”
• “The business has signed a 10-Year lease to move its Headquarters and Central Hub to a 20-acre site, doubling its footprint. As a result of the agreement to move to a new site, the break clause in the existing lease of the group's headquarters has been triggered, with the business vacating the property by the 31st January 2026.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

9

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.