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Cash

£1m

+8.5% vs 2025

Net assets

£4.8m

+5.6% highest in 5 filed years

Employees

27

-38.6% lowest in 5 filed years

Profit before tax

£2.1m

+39.8% vs 2025

Accounts

5-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2021-03-312022-03-312024-03-312025-03-312026-03-31 Δ vs prior
Turnover £60,982,715£63,223,922£50,385,363£47,352,075£49,231,049 +4%
Operating profit £2,197,770£2,447,193£2,067,607£1,663,595£2,212,918 +33%
Profit before tax £2,171,815£2,517,015£1,900,816£1,479,374£2,068,663 +39.8%
Net profit £1,751,465£2,044,690£1,398,240£1,113,646£1,538,915 +38.2%
Cash £410,428£914,737£1,084,147£924,942£1,004,022 +8.5%
Total assets less current liabilities £4,430,903£5,032,483£5,006,966£4,999,096£5,272,047 +5.5%
Net assets £3,179,089£3,966,996£4,441,627£4,554,427£4,811,384 +5.6%
Equity £3,179,089£3,966,996£4,441,627£4,554,427£4,811,384 +5.6%
Average employees 4143444427 -38.6%
Wages £2,126,982£2,288,326£2,021,503£1,994,709£1,534,771 -23.1%
Directors' remuneration £442,353£472,686£436,563£393,213£528,160 +34.3%
Directors' pension contributions ——£5,400£5,400£205,400 +3,703.7%
Highest paid director ——£166,699£162,500£251,495 +54.8%

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 2021-03-312022-03-312024-03-312025-03-312026-03-31
Operating margin 3.6%3.9%4.1%3.5%4.5%
Net margin 2.9%3.2%2.8%2.4%3.1%
Return on capital employed 49.6%48.6%41.3%33.3%42.0%
Gearing (liabilities / total assets) 80.0%68.5%61.0%60.1%61.1%
Current ratio ——1.27x1.29x1.33x
Interest cover 84.67x62.49x12.39x8.47x13.15x

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
Standalone (parent only)
Auditor
Moore
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.”

Group structure

  1. HUXLOE LOGISTICS LTD · parent
    1. Magma Trading Limited 100% · UK · dormant

Significant events

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

People

4 active · 4 resigned

Name Role Appointed Born Nationality
URQUHART, Adrian Clive Secretary 2019-04-06 — —
CORTES MERINO, Alfonso Luis Director 2009-03-16 May 1974 Spanish
RABY-SMITH, Philip Edward Director 2009-03-16 Apr 1962 British
URQUHART, Adrian Clive Director 2018-04-01 May 1962 British
Show 4 resigned officers
Name Role Appointed Resigned
SMITH, Howard Brian Secretary 2009-03-31 2017-09-04
DAVIS, Andrew Simon Director 2009-03-16 2009-03-16
SMITH, Howard Brian Director 2009-03-31 2017-09-04
WALKER, Paul Andrew Director 2018-04-01 2025-09-30

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Alfonso Luis Cortes Merino Individual Shares 25–50%, Voting 25–50% 2016-04-06 Active
Mr Philip Edward Raby-Smith Individual Shares 25–50%, Voting 25–50% 2016-04-06 Active

Filing timeline

Last 20 of 102 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-06-23 RESOLUTIONS Resolution
  • 2025-11-05 RESOLUTIONS Resolution
  • 2023-12-23 RESOLUTIONS Resolution
Date Type Category Description
2026-09-15 AA accounts Accounts with accounts type full PDF
2026-07-14 SH03 capital Capital return purchase own shares
2026-07-13 SH06 capital Capital cancellation shares
2026-06-23 RESOLUTIONS resolution Resolution
2026-06-10 CS01 confirmation-statement Confirmation statement with updates PDF
2025-11-25 SH03 capital Capital return purchase own shares
2025-11-06 TM01 officers Termination director company with name termination date PDF
2025-11-05 RESOLUTIONS resolution Resolution
2025-11-05 CS01 confirmation-statement Confirmation statement with updates PDF
2025-11-05 SH06 capital Capital cancellation shares
2025-09-17 AA accounts Accounts with accounts type full PDF
2025-07-03 CH01 officers Change person director company with change date PDF
2025-07-02 PSC04 persons-with-significant-control Change to a person with significant control PDF
2024-12-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-16 AA accounts Accounts with accounts type full PDF
2024-08-01 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-02-05 SH03 capital Capital return purchase own shares
2023-12-23 RESOLUTIONS resolution Resolution
2023-12-18 SH06 capital Capital cancellation shares
2023-12-14 RP04CS01 confirmation-statement Second filing of confirmation statement with made up date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
10

last 12 months

Capital events
4

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.

Official Companies House page