GFS GLOBAL FREIGHT SERVICES (UK) LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +42%

  £3,196,000 → £4,537,000

• Cash

  +98.1%

  £105,000 → £208,000

• Net assets

  -18.5%

  £2,751,000 → £2,243,000

• Employees

  -11.1%

  18 → 16

• Operating profit

  +8.9%

  -£551,000 → -£502,000

• Profit before tax

  +0.2%

  -£509,000 → -£508,000

• Wages

  -23.4%

  £850,000 → £651,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. GFS GLOBAL FREIGHT SERVICES (UK) LIMITED 2022-02-22 → present
2. LF LOGISTICS (UK) LIMITED 2012-04-17 → 2022-02-22
3. IDS LOGISTICS (UK) LIMITED 2007-09-26 → 2012-04-17
4. PB LOGISTICS LIMITED 2003-10-01 → 2007-09-26
5. PETER BLACK DISTRIBUTION LIMITED 1987-12-09 → 2003-10-01
6. DICEPACK LIMITED 1987-07-17 → 1987-12-09

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Sumer Auditco Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors believe that preparing the financial statements on the going concern basis is appropriate due to the continued financial support of its intermediate parent company Global Freight Services (Hong Kong) Limited. The directors have received confirmation that Global Freight Services (Hong Kong) Limited intends to support the company for at least one year from the date of signing these financial statements.”

Significant events

• “Towards the end of 2024, an agreement was reached with the landlord of the property leased by the company to exist from the headlease slightly earlier than per the lease agreement. An early settlement fee of £28,000 was agreed, roughly equating to the rent due up to the lease end date of 4 February 2025; early surrender was effective from 13 December 2024. At the same time, the company also terminated the sublease arrangement in relation to the same property.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.