TEAM C LOGISTICS LIMITED
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Cash
£2.7M
+81% vs 2025
Net assets
£4.8M
+12.9% vs 2025
Employees
76
+11.8% vs 2025
Profit before tax
£730K
-22.4% vs 2025
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2026-01-31
| Metric | Trend | 2025-01-31 | 2026-01-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £14,196,370 | £15,533,733 | +9.4% | |
| Operating profit | £945,074 | £191,393 | -79.7% | |
| Profit before tax | £941,429 | £730,365 | -22.4% | |
| Net profit | £691,566 | £544,102 | -21.3% | |
| Cash | £1,497,636 | £2,710,181 | +81% | |
| Total assets less current liabilities | £4,220,709 | £4,764,811 | +12.9% | |
| Net assets | £4,220,709 | £4,764,811 | +12.9% | |
| Equity | £4,220,709 | £4,764,811 | +12.9% | |
| Average employees | 68 | 76 | +11.8% | |
| Wages | £2,609,116 | £3,681,090 | +41.1% | |
| Directors' remuneration | £322,358 | £723,254 | +124.4% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2025-01-31 | 2026-01-31 |
|---|---|---|---|
| Operating margin | 6.7% | 1.2% | |
| Net margin | 4.9% | 3.5% | |
| Return on capital employed | 22.4% | 4.0% | |
| Gearing (liabilities / total assets) | 27.8% | 30.5% | |
| Current ratio | 2.33x | 2.34x |
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
- Knights Lowe Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- TEAM C LOGISTICS LIMITED · parent
- Team C Express Logistics Limited 100%
Significant events
- “The financial year ending 31st January 2026 was a continuation of the previous year, with continued growth across all areas of the business, particularly within the pallet sector.”
- “The business has seen the return of several former customers during the year. This has largely been driven by declining service levels experienced with competitors, particularly due to an over-reliance on automated systems such as live chat and AI-driven support.”
- “During the year, the APC parcel network in which the group is a shareholder underwent a change in ownership, with WS Holdco Limited acquiring a majority stake in The Alternative Parcels Company Ltd (APC). The directors consider this a positive development for the future of the network, with the introduction of the Stobart brand, its reputation for quality, and strong financial backing.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLEMENTS, Kate Isabel Coatsworth | Director | 2004-04-29 | Aug 1972 | British |
| CLEMENTS, Timothy Peter | Director | 2022-03-10 | Apr 1971 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GLYNN, Anne | Secretary | 2004-04-29 | 2026-04-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Timothy Peter Clements | Individual | Shares 50–75%, Voting 50–75% | 2022-03-10 | Active |
| Mrs Kate Isabel Coatsworth Clements | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 56 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-15 | AA | accounts | Accounts with accounts type group | |
| 2026-04-21 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-06-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-19 | AA | accounts | Accounts with accounts type group | |
| 2025-05-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-06 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-03 | AA | accounts | Accounts with accounts type group | |
| 2023-06-29 | AA | accounts | Accounts with accounts type group | |
| 2023-06-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-13 | AA | accounts | Accounts with accounts type dormant | |
| 2022-05-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-05-06 | SH01 | capital | Capital allotment shares | |
| 2022-03-17 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-03-17 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-03-17 | AP01 | officers | Appoint person director company with name date | |
| 2022-03-17 | SH01 | capital | Capital allotment shares | |
| 2022-03-17 | AA01 | accounts | Change account reference date company previous shortened | |
| 2022-01-06 | AA | accounts | Accounts with accounts type dormant | |
| 2021-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.