STEVE CANNON LTD

Executive Summary

STEVE CANNON LTD is a micro-entity operating in the UK road freight transport sector, demonstrating financial stability typical for a sole-operator style business. Its small scale positions it as a niche player, benefiting from operational agility but constrained by limited capital and scale compared to larger competitors. Current industry trends create both challenges and localized opportunities, making adaptability key to its continued viability.

STEVE CANNON LTD - Analysis Report

Company Number: 14114374

Analysis Date: 2025-07-20 16:49 UTC

1. Industry Classification
   STEVE CANNON LTD operates within SIC code 49410, which classifies it under "Freight transport by road." This sector primarily involves the transportation of goods via road haulage, often characterized by a mix of small owner-operators and larger logistics firms. Key characteristics include high asset intensity (vehicles), regulatory compliance (driver hours, safety standards), and sensitivity to fuel costs and economic cycles affecting freight demand.

2. Relative Performance
   Being a micro-entity formed in 2022, STEVE CANNON LTD is at the smallest scale within its sector. Its financials show modest current assets (£18,750) and current liabilities (£8,133) for the year ending May 2024, with shareholders' funds increasing from £6,589 in 2023 to £10,617 in 2024. Compared to typical industry benchmarks, which often feature larger turnover and asset bases, this company is clearly a micro player, likely operating a single vehicle or a very small fleet. Profitability and working capital appear stable but minimal, reflecting the typical financial profile of a micro-freight operator.

3. Sector Trends Impact
   The road freight transport sector in the UK has faced mixed pressures recently: rising fuel prices, driver shortages, and supply chain disruptions have increased operational costs and complexity. At the same time, demand for freight services remains robust due to e-commerce growth and just-in-time logistics models. For a micro-entity like STEVE CANNON LTD, these trends mean tight margins and operational challenges but also opportunities to carve out specialized local or niche routes. The company’s micro scale limits exposure to large contracts but also reduces vulnerability to macroeconomic shocks affecting large fleet operators.

4. Competitive Positioning
   STEVE CANNON LTD is a niche player within the freight transport sector, likely owner-operated given the single director’s occupation as an HGV driver and the average employee number of one. Strengths include low overheads, agility in serving local or specialized transport needs, and direct control by the principal. Weaknesses compared to larger competitors include limited capital for fleet expansion, less bargaining power with clients and suppliers, and higher per-unit cost structures. Unlike larger firms, it may not benefit from economies of scale, technology investments, or diversified service offerings such as warehousing or intermodal logistics.