MAINFREIGHT UK LTD
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Cash
£1.8m
+6% highest in 6 filed years
Net assets
£5.9m
+7.4% highest in 6 filed years
Employees
113
+41.3% highest in 6 filed years
Profit before tax
£549k
-65.5% vs 2025
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £31,400,864 | £37,966,756 | £35,476,705 | £42,185,676 | £43,834,624 | +3.9% | |
| Operating profit | — | £369,792 | £1,894,101 | £1,452,942 | £1,589,089 | £544,698 | -65.7% | |
| Profit before tax | — | £354,296 | £1,850,426 | £1,460,105 | £1,591,126 | £548,599 | -65.5% | |
| Net profit | £420,264 | £322,916 | £1,510,902 | £1,033,249 | £1,191,991 | £410,846 | -65.5% | |
| Cash | £777,470 | £845,896 | £481,701 | £1,640,937 | £1,674,227 | £1,774,239 | +6% | |
| Total assets less current liabilities | £1,493,928 | £1,956,641 | £3,488,511 | £4,544,299 | £5,746,234 | £6,157,080 | +7.1% | |
| Net assets | £1,473,201 | £1,796,117 | £3,307,019 | £4,340,268 | £5,532,259 | £5,943,105 | +7.4% | |
| Equity | £1,473,201 | £1,796,117 | £3,307,019 | £4,340,268 | £5,532,259 | £5,943,105 | +7.4% | |
| Average employees | 22 | 34 | 70 | 82 | 80 | 113 | +41.3% | |
| Wages | — | £1,602,855 | £2,909,699 | £3,184,349 | £3,661,767 | £4,725,770 | +29.1% | |
| Directors' remuneration | — | — | — | — | — | — | — |
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 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | 1.2% | 5.0% | 4.1% | 3.8% | 1.2% | |
| Net margin | — | 1.0% | 4.0% | 2.9% | 2.8% | 0.9% | |
| Return on capital employed | — | 18.9% | 54.3% | 32.0% | 27.7% | 8.8% | |
| Gearing (liabilities / total assets) | 54.9% | 74.6% | 49.0% | 44.6% | 41.6% | 49.7% | |
| Current ratio | — | — | — | 2.01x | 2.20x | 1.42x | |
| Interest cover | — | 23.86x | 43.37x | — | — | 34.50x |
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
- bk plus Audit Limited
- 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.”
Significant events
- “In April 2025, a second warehouse facility was opened in Castle Donington, adding 7,600m² of space with capacity of up to 28,000 pallets.”
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 28 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-23 | AA | accounts | Accounts with accounts type full | |
| 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 |
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.