CEVA LOGISTICS LIMITED
Operating as the UK subsidiary of the French shipping group CMA CGM, the company provides end-to-end freight management and contract logistics services.
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Cash
—
Latest balance sheet
Net assets
£53M
-4.7% vs 2023
Employees
3,211
-11.5% vs 2023
Profit before tax
£2.7M
-83.6% vs 2023
Watch the reel
Our short-form breakdown of CEVA LOGISTICS LIMITED's latest filing
CEVA Logistics pushed UK revenue past half a billion, but doubled headcount dragged the bottom line into the red. 📉📦
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £427,686,000 | £418,910,000 | -2.1% | |
| Operating profit | -£6,351,000 | £5,064,000 | +179.7% | |
| Profit before tax | £16,580,000 | £2,713,000 | -83.6% | |
| Net profit | £9,654,000 | -£2,744,000 | -128.4% | |
| Cash | — | — | — | |
| Total assets less current liabilities | £77,789,000 | £71,896,000 | -7.6% | |
| Net assets | £55,313,000 | £52,714,000 | -4.7% | |
| Equity | £55,313,000 | £52,714,000 | -4.7% | |
| Average employees | 3,630 | 3,211 | -11.5% | |
| Wages | £130,932,000 | £118,490,000 | -9.5% | |
| Directors' remuneration | £491,000 | £644,000 | +31.2% |
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 |
|---|---|---|---|
| Operating margin | -1.5% | 1.2% | |
| Net margin | 2.3% | -0.7% | |
| Return on capital employed | -8.2% | 7.0% | |
| Gearing (liabilities / total assets) | 71.7% | 70.2% | |
| Current ratio | 0.86x | 0.96x | |
| Interest cover | -1.35x | 1.55x |
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 3 times since incorporation
- CEVA LOGISTICS LIMITED 2006-12-11 → present
- TNT LOGISTICS UK LIMITED 2002-02-13 → 2006-12-11
- TAYLOR BARNARD LIMITED 1992-02-26 → 2002-02-13
- TAYLOR BARNARD TRANSPORT SERVICES LIMITED 1976-12-17 → 1992-02-26
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared cash flow forecasts and performed a going concern assessment which indicates that, in both the base and reasonably possible downsides, the Company will have sufficient funds to meet its liabilities as they fall due during 12 month period after the date of approval of the financial statements, the going concern assessment period. This assessment is dependent on its intermediate parent company, CEVA Logistics SA, not seeking repayment of the amounts currently due to the group, which at 31 December 2024 amounted to £38,438,000 (2023: £38,511,000).”
Group structure
- CEVA LOGISTICS LIMITED · parent
- CEVA Logistics Korea Ltd 100%
Significant events
- “During the year, the Company sold a significant proportion of its trade debtors through securitisation. Legal title of the Company's trade debtors are transferred when they are sold, however the Company retains all the risks associated with holding such secured receivables.”
- “The Company is a participant in a group banking arrangement under which all surplus cash balances are held as collateral for bank facilities advanced to group members. In addition, the Company has issued an unlimited guarantee to the bank to support these group facilities.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 33 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MOORE, Tracy Amanda | Secretary | 2020-07-27 | — | — |
| FARR, Paul Andrew | Director | 2023-05-01 | Mar 1976 | British |
| JONES, David Alun | Director | 2020-07-20 | Aug 1974 | British |
| WEAVER, Michael Philip | Director | 2025-07-01 | Aug 1979 | British |
Show 33 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARTER, Andrew Lawrence Kennedy | Secretary | — | 2001-02-21 |
| GARRAWAY, Wendy Anne | Secretary | 2008-02-23 | 2008-08-31 |
| GINTY, Gerard Francis | Secretary | 2001-02-21 | 2003-01-01 |
| NICHOLS, Rupert Henry Conquest | Secretary | 2003-01-01 | 2009-05-08 |
| WETHERALL, Dawn Amanda | Secretary | 2009-01-07 | 2020-07-22 |
| ASTON, Edward | Director | 2018-02-12 | 2020-02-07 |
| BARNARD, Harley John | Director | — | 2002-10-31 |
| BARNARD, Jack Oakley | Director | — | 2000-09-16 |
| BARNARD, Philip James | Director | — | 2002-07-17 |
| BOSTOCK, Paul | Director | 2000-09-16 | 2008-03-25 |
| CARTER, Andrew Lawrence Kennedy | Director | 2001-05-14 | 2002-04-09 |
| CARTER, Peter Charles | Director | — | 2002-04-09 |
| CROSSTHWAITE, Neil | Director | 2000-09-16 | 2008-03-25 |
| CULLEN, Nicholas John | Director | 2008-06-17 | 2009-09-30 |
| DEGNAN, Ian Alan | Director | 2013-03-05 | 2013-11-06 |
| DOUBLE, Richard John | Director | — | 1995-09-30 |
| GILL, James Edward | Director | 2019-09-23 | 2020-07-21 |
| GREENWOOD, Daivd | Director | — | 1991-07-05 |
| HONOR, Philip | Director | 1998-10-12 | 1999-01-28 |
| JENKINS, Huw Russell | Director | 2023-05-01 | 2025-08-01 |
| KING, Stephen Roy | Director | 2013-11-05 | 2014-08-28 |
| KING, Stephen Roy | Director | 2009-12-23 | 2013-03-06 |
| LOCKWOOD, Graham Malta | Director | 1995-10-04 | 2002-04-09 |
| MCDOUGAL, Rubin J | Director | 2013-03-05 | 2013-11-06 |
| NICHOLS, Rupert Henry Conquest | Director | 2005-02-09 | 2009-05-08 |
| O'DONOGHUE, Michael | Director | 2014-08-28 | 2018-02-14 |
| POMLETT, Leigh Martin | Director | 2009-09-09 | 2019-10-11 |
| SENDEN, Raphael Maria Karel Eugene | Director | 2008-01-10 | 2009-12-30 |
| SEYMOUR, Christopher Alan | Director | 1996-09-30 | 1998-11-27 |
| TINDALL, Richard Edward | Director | 1998-10-12 | 2002-04-09 |
| WALTON, Christopher Gareth | Director | 2020-02-10 | 2023-05-09 |
| WARDLAW, Stuart Charles | Director | — | 2002-04-09 |
| YATES, John Thomas | Director | 2000-09-16 | 2006-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ceva Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-12-15 | Active |
| Ceva Supply Chain Solutions Limited | Corporate entity | Shares 25–50% | 2016-04-06 | Ceased 2025-12-15 |
| Ceva Container Logistics Limited | Corporate entity | Shares 50–75% | 2016-04-06 | Ceased 2025-12-15 |
Filing timeline
Last 20 of 257 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-23 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-23 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-23 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-13 | AA | accounts | Accounts with accounts type full | |
| 2024-12-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-22 | AA | accounts | Accounts with accounts type full | |
| 2024-02-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-12-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-27 | AA | accounts | Accounts with accounts type full | |
| 2023-05-09 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-03 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-09 | AA | accounts | Accounts with accounts type full | |
| 2022-01-05 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.