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.
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Type
Private
HQ
Wolverhampton, GB
Founded
2002
Size (employees)
38 (est)
Pallet-Track was founded in 2002 and is headquartered in Wolverhampton, GB
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Pallet-Track Office Locations

Pallet-Track has an office in Wolverhampton
Wolverhampton, GB (HQ)
Millfields Rd
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Pallet-Track Financials and Metrics

Summary Metrics

Founding Date

2002
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Pallet-Track Financials

Pallet-Track's revenue was reported to be £77.54 m in FY, 2017
GBP

Revenue (FY, 2017)

77.5 m

Gross profit (FY, 2017)

8.1 m

Gross profit margin (FY, 2017), %

10.4%

Net income (FY, 2017)

2.2 m

EBITDA (FY, 2017)

3.2 m

EBIT (FY, 2017)

2.8 m

Cash (31-Jan-2017)

4.7 m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

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

Revenue growth, %

18%202%

Cost of goods sold

3.3 m23 m69.5 m

Gross profit

6.5 m6.4 m8.1 m
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

876.1 k323.9 k245.8 k449.9 k1.2 m1.1 m3 m3.7 m4 m4.7 m

Accounts Receivable

474.2 k1.3 m1.7 m840.9 k753.5 k958.8 k936.3 k1.1 m1 m1.2 m

Current Assets

1.5 m1.8 m2.2 m2.7 m3.3 m3.6 m5.1 m6.6 m11.2 m13.4 m

PP&E

277.6 k558.5 k456.6 k687 k891.5 k799.7 k768.4 k1 m1.6 m1.7 m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

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

Cash From Operating Activities

1.7 m812.8 k3.1 m2.1 m

Dividends Paid

276 k277.5 k369 k550.5 k651 k2 m

Cash From Financing Activities

(266.6 k)(251.8 k)(338.2 k)(129.8 k)
GBPY, 2017

Revenue/Employee

3.5 m

Financial Leverage

2.9 x
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