Pallet-Track

OverviewSuggest Edit

On the 30th January 2004, Pallet-Track went operationally live with 46 members. In the first night of operation the network transacted 852 pallets through our then Wednesbury Hub. Representatives from the press were invited to view our inaugural operation in what was, and still is, a record volume of freight for a first night of operation. Since our formative days we have been able to strategically plan the growth of the company through investment in people, information technology, operational machinery and most notably, in our recently acquired central facility. Our membership enjoys a fully structured service, second to none in our industry. Our constant monitoring of our control processes enable us to cater for the increasing demand for pallet shipping which has lead to a five-fold increase in freight volume in as many years. On the 6th October 2008 Pallet-Track relocated to a new 267,000 sq. ft. Central Hub in Wolverhampton where it now transacts an average of 10,000 pallets per night through an 80-strong shareholder membership. The company is now well positioned to continue the excellent growth achieved to date.
TypePrivate
Founded2002
HQWolverhampton, GB
Websitepallet-track.co.uk

Latest Updates

Employees (est.) (Feb 2021)60(+4%)
Revenue (FY, 2019)£94.5 M(+14%)
Cybersecurity ratingAMore

Pallet-Track Office Locations

Pallet-Track has offices in Wolverhampton and Hailsham
Wolverhampton, GB (HQ)
Millfields Rd
Hailsham, GB
14 Ropemaker Park
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Pallet-Track Financials and Metrics

Summary Metrics

Founding Date

2002
Show all financial metrics

Pallet-Track Revenue

Pallet-Track's revenue was reported to be £94.52 m in FY, 2019
GBP

Revenue (FY, 2019)

94.5m

Gross profit (FY, 2019)

10.5m

Gross profit margin (FY, 2019), %

11.1%

Net income (FY, 2019)

4.3m

EBITDA (FY, 2019)

4.6m

EBIT (FY, 2019)

4.3m

Cash (31-Jan-2019)

7.6m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

6.3m6.9m7.3m8.2m9.8m29.4m77.5m83.2m94.5m

Revenue growth, %

18%202%

Cost of goods sold

3.3m23.0m69.6m74.3m84.0m

Gross profit

6.5m6.4m8.0m8.9m10.5m
GBPFY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

87.7k118.7k255.8k539.2k876.1k323.9k245.8k449.9k1.2m1.1m3.0m3.7m4.0m4.7m5.3m7.6m

Accounts Receivable

111.5k157.6k352.8k474.2k1.3m1.7m840.9k753.5k958.8k936.3k1.1m1.0m6.7m7.5m1.6m

Inventories

2.1k

Current Assets

166.6k505.0k828.1k1.1m1.5m1.8m2.2m2.7m3.3m3.6m5.1m6.6m11.2m13.0m15.0m18.6m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

655.4k524.5k991.8k1.2m1.3m1.1m2.2m2.7m4.3m

Cash From Operating Activities

1.7m812.8k3.1m2.1m

Dividends Paid

276.0k277.5k369.0k550.5k651.0k2.0m1.1m2.5m

Cash From Financing Activities

(266.6k)(251.8k)(338.2k)(129.8k)
GBPFY, 2004

Financial Leverage

1.9 x
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Pallet-Track Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Pallet-Track Online and Social Media Presence

Embed Graph

Pallet-Track Blogs

Pallet-Track pledges 2021 support for St Basils

Employees at Wolverhampton logistics business Pallet-Track are putting their best feet forward for an important cause by taking part in an innovative ‘Keep Moving’ challenge to raise funds for West Midlands-based St Basils, one of the UK’s leading charities working to prevent young people becoming..…

Pallet-Track appoints Caroline Green as chief executive officer

There is a changing of the guard at one of the UK’s leading pallet networks, as Pallet-Track announces the appointment of Caroline Green MBE as its new chief executive officer (CEO). Caroline, who was appointed as Pallet-Track’s chief financial officer (CFO) in September 2020, will...

Celkom expands as part of Pallet-Track network membership

A York-based logistics business has invested in new vehicles and personnel as well as increasing its volumes by 25 per cent despite the pandemic, less than a year after it joined the Pallet-Track network. Based in Acaster Malbis, Celkom Transport Ltd, jointly managed by husband...

ELB Partners secures FORS Gold for seventh consecutive year

Wimbledon-based haulier ELB Partners has maintained its position as London’s only holder of the Gold standard Fleet Operator Recognition Scheme (FORS) award after securing the accolade for the seventh consecutive year. ELB, a member of the Pallet-Track network, also confirmed its retention of the FO…

Molly calls for change to attract more recruits into logistics

National efforts to plug the skills gap in the logistics sector, including attracting much-needed truck drivers, faces an uphill battle unless the industry addresses fundamental infrastructure issues such as reversing the lack of investment in truck stops and secure parking, according to Molly Watso…

Inter-Haul extends cool £15m contract with ventilation giant

Maintaining fresh air circulation in all residential, commercial and industrial properties has never been so important, which is why international ventilation giant Nuaire has extended its collaborative, multi-million pound logistics relationship with Inter-haul Pallet Services. A founding member of…
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Pallet-Track Frequently Asked Questions

  • When was Pallet-Track founded?

    Pallet-Track was founded in 2002.

  • How many employees does Pallet-Track have?

    Pallet-Track has 60 employees.

  • What is Pallet-Track revenue?

    Latest Pallet-Track annual revenue is £94.5 m.

  • What is Pallet-Track revenue per employee?

    Latest Pallet-Track revenue per employee is £1.6 m.

  • Who are Pallet-Track competitors?

    Competitors of Pallet-Track include Textainer, Selery Fulfillment and John Good Shipping.

  • Where is Pallet-Track headquarters?

    Pallet-Track headquarters is located at Millfields Rd, Wolverhampton.

  • Where are Pallet-Track offices?

    Pallet-Track has offices in Wolverhampton and Hailsham.

  • How many offices does Pallet-Track have?

    Pallet-Track has 2 offices.