PRIORITY FREIGHT LIMITED
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Cash
£8.7m
-4.9% vs 2024
Net assets
£18m
-2.1% lowest in 3 filed years
Employees
105
-6.3% lowest in 3 filed years
Profit before tax
£3.6m
-24.9% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £101,899,855 | £75,372,041 | £71,922,477 | -4.6% | |
| Operating profit | £9,113,074 | £4,436,016 | £3,438,159 | -22.5% | |
| Profit before tax | £9,293,353 | £4,749,595 | £3,564,729 | -24.9% | |
| Net profit | £7,071,860 | £3,561,301 | £2,627,334 | -26.2% | |
| Cash | £7,373,936 | £9,164,838 | £8,715,699 | -4.9% | |
| Total assets less current liabilities | £35,534,758 | £18,357,743 | £17,974,999 | -2.1% | |
| Net assets | £35,290,302 | £18,139,979 | £17,767,313 | -2.1% | |
| Equity | £35,290,302 | £18,139,979 | £17,767,313 | -2.1% | |
| Average employees | 112 | 112 | 105 | -6.3% | |
| Wages | £3,561,610 | £3,583,874 | £3,465,030 | -3.3% | |
| 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 8.9% | 5.9% | 4.8% | |
| Net margin | 6.9% | 4.7% | 3.7% | |
| Return on capital employed | 25.6% | 24.2% | 19.1% | |
| Gearing (liabilities / total assets) | 24.7% | 47.1% | 43.7% | |
| Current ratio | 3.60x | 1.79x | 1.91x | |
| Interest cover | — | 96.01x | 20.63x |
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 1 time since incorporation
- PRIORITY FREIGHT LIMITED 2000-08-11 → present
- PRIORITY FREIGHT CONNEXIONS LIMITED 1997-09-19 → 2000-08-11
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 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
- PRIORITY FREIGHT LIMITED · parent
- Priority Freight (Midlands) Limited 100%
Significant events
- “Since the year end the land and property at Menzies Road was sold as part of a sale and leaseback agreement. The sale of the truck park was completed on 2 February 2026.”
- “On 7 April 2026 the company declared a dividend of £2,100,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WILLIAMS, Neal Thomas | Secretary | 1997-09-19 | — | British |
| AUSTIN, Andrew | Director | 2021-06-02 | Apr 1963 | British |
| CHAPMAN, Ian Stuart | Director | 2018-08-14 | Aug 1968 | British |
| STOBIE, Stuart David | Director | 2021-06-02 | Apr 1968 | British |
| WILLIAMS, Gareth Stephen | Director | 2004-06-01 | Feb 1978 | British |
| WILLIAMS, Neal Thomas | Director | 1997-09-19 | Aug 1970 | British |
| WILLIAMS, Paul Vincent | Director | 2004-06-01 | Dec 1973 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TEMPLE SECRETARIES LIMITED | Corporate Nominee Secretary | 1997-09-19 | 1997-09-19 |
| AUSTIN, Andrew | Director | 2011-07-04 | 2013-07-31 |
| LYNCH, Angela | Director | 2013-07-03 | 2014-01-17 |
| LYNCH, Angela | Director | 2013-06-10 | 2013-07-03 |
| MERCER, Paul Christopher | Director | 2012-02-01 | 2017-11-10 |
| PARTRIDGE, Carl Maurice | Director | 2013-07-03 | 2014-01-17 |
| PARTRIDGE, Carl Maurice | Director | 2013-06-10 | 2013-07-03 |
| WILLIAMS, George Vincent | Director | 1998-04-30 | 2013-11-27 |
| WILLIAMS, Joanne Lesley | Director | 2013-07-03 | 2014-01-17 |
| WILLIAMS, Joanne Lesley | Director | 2013-06-10 | 2013-07-03 |
| WILLIAMS, Joanne Lesley | Director | 1997-09-19 | 2004-06-01 |
| COMPANY DIRECTORS LIMITED | Corporate Nominee Director | 1997-09-19 | 1997-09-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Paul Vincent Williams | Individual | Shares 25–50% | 2016-04-06 | Ceased 2016-04-06 |
| Mr Neal Thomas Williams | Individual | Shares 25–50% | 2016-04-06 | Ceased 2016-04-06 |
| Mr Gareth Stephen Williams | Individual | Shares 25–50% | 2016-04-06 | Ceased 2016-04-06 |
| Priority Freight Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 149 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-11 | AA | accounts | Accounts with accounts type full | |
| 2025-09-09 | AD02 | address | Change sail address company with old address new address | |
| 2025-09-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-08 | AD04 | address | Move registers to registered office company with new address | |
| 2025-08-04 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-07-07 | AA | accounts | Accounts with accounts type full | |
| 2024-09-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-19 | AA | accounts | Accounts with accounts type full | |
| 2024-07-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-12-21 | CH01 | officers | Change person director company with change date | |
| 2023-09-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-17 | AA | accounts | Accounts with accounts type full | |
| 2022-09-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-28 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-06-10 | AA | accounts | Accounts with accounts type full | |
| 2022-03-17 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2022-03-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-03-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-03-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-09-07 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.