DSV AIR & SEA LIMITED
DSV Air & Sea Limited operates as the UK freight forwarding subsidiary of the Danish transport and logistics group DSV A/S, which is listed on NASDAQ Copenhagen.
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Cash
£1K
-99.3% vs 2024
Net assets
£245M
+11% vs 2024
Employees
587
+13.3% vs 2024
Profit before tax
£36M
-28.3% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC 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 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £503,115,000 | £485,564,000 | -3.5% | |
| Operating profit | £52,061,000 | £37,395,000 | -28.2% | |
| Profit before tax | £49,719,000 | £35,629,000 | -28.3% | |
| Net profit | £37,572,000 | £24,238,000 | -35.5% | |
| Cash | £137,000 | £1,000 | -99.3% | |
| Total assets less current liabilities | £275,840,000 | £301,688,000 | +9.4% | |
| Net assets | £220,373,000 | £244,619,000 | +11% | |
| Equity | £220,373,000 | £244,619,000 | +11% | |
| Average employees | 518 | 587 | +13.3% | |
| Wages | £25,205,000 | £27,347,000 | +8.5% | |
| Directors' remuneration | £282,000 | £301,000 | +6.7% |
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 10.3% | 7.7% | |
| Net margin | 7.5% | 5.0% | |
| Return on capital employed | 18.9% | 12.4% | |
| Current ratio | 1.17x | 1.31x | |
| Interest cover | 8.33x | 6.30x |
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 2 times since incorporation
- DSV AIR & SEA LIMITED 2007-01-09 → present
- DFDS TRANSPORT (UK) LIMITED 2001-11-16 → 2007-01-09
- BLUEFLITE LOGISTICS LIMITED 1995-10-16 → 2001-11-16
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company meets its day-to-day working capital requirements through an intercompany funding facility in place with the ultimate parent undertaking which is managed by the Group Treasury Department. As the Company does not, therefore, fully control its cash flows and its liquidity position, the Directors have received a letter of financial support from DSV A/S that it will provide financial support to the company such that the company is able to operate as a going concern and to settle its liabilities as they fall due. That undertaking will remain in place for the foreseeable future and will not be withdrawn for a period of at last 12 months from the date of approval of these financial statements. Consequently, the company continues to adopt the going concern basis in preparing its financial statements”
Significant events
- “2025 was another transformative year for the company. DSV A/S acquired DB Schenker from Deutsche Bahn, including a UK subsidiary, Schenker Limited, in a transaction completed on 30 April 2025. On 1 September 2025, DSV Air & Sea Limited acquired the Air & Sea business of Schenker Limited satisfied in cash (note 20).”
- “Focus continues on the ongoing integration of the Schenker business which is expected to be completed during 2026. With the integration of Schenker, we are creating a platform for sustainable growth, both organic and inorganic.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WATTS, Nichola Claire | Secretary | 2026-02-14 | — | — |
| EBBE, Michael | Director | 2024-11-13 | Jan 1970 | Danish |
| EJSING, Brian Skovgaard | Director | 2024-11-13 | Sep 1966 | Danish |
| FRYER, Ian David | Director | 2024-02-14 | Jan 1979 | British |
| SOBOTKA, Frank | Director | 2024-11-13 | Jul 1970 | German |
| THOMSEN, Mikael | Director | 2026-05-27 | Jul 1977 | Danish |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CONNOLLY, Declan Sean | Secretary | 1995-10-16 | 1998-06-15 |
| LONCKE, Larsen Jan | Secretary | 2025-05-16 | 2026-02-14 |
| RIDSDALE, Gary Maurice | Secretary | 2004-09-24 | 2025-05-16 |
| WILDE, Alistair Peter | Secretary | 1998-06-15 | 2004-09-24 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 1995-10-16 | 1995-10-16 |
| ANDERSEN, Jens Bjorn | Director | 2013-08-28 | 2024-02-14 |
| BURNHAM, Hugh Bernard | Director | 2002-01-02 | 2007-07-31 |
| CONNOLLY, Declan Sean | Director | 1995-10-16 | 1999-01-28 |
| FRIE, Ole | Director | 1995-10-16 | 2000-11-20 |
| HANSEN, Michael Dyhre | Director | 2012-06-01 | 2022-12-31 |
| LANDRY, Morten | Director | 2019-02-01 | 2024-02-14 |
| LARSEN, Kurt Kokhauge | Director | 2000-11-20 | 2001-06-29 |
| LUND, Jens Hesselberg | Director | 2013-08-28 | 2024-11-19 |
| MOELLER, Joergen | Director | 2002-01-02 | 2015-02-23 |
| NIELSEN, Henrik | Director | 2024-11-13 | 2026-05-27 |
| NIELSEN, Jens Skibsted | Director | 2001-06-29 | 2002-04-02 |
| PAPE, Soren Holck Lonneker | Director | 2018-08-01 | 2019-01-29 |
| RICHES, Graham Charles | Director | 2007-08-01 | 2012-06-15 |
| RIDSDALE, Gary Maurice | Director | 2002-01-02 | 2013-11-01 |
| TROLLE, Carsten Elmdal | Director | 2015-02-23 | 2024-11-19 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 1995-10-16 | 1995-10-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dsv A/S | Corporate entity | Significant influence | 2024-08-07 | Active |
| Dsv Air & Sea Holding A/S | Corporate entity | Shares 75–100% | 2022-11-04 | Ceased 2024-08-07 |
| Dsv A/S | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2022-11-04 |
Filing timeline
Last 20 of 150 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-18 | AA | accounts | Accounts with accounts type full | |
| 2026-05-27 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-27 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-17 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-02-17 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-11-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-21 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-05-21 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-05-15 | AA | accounts | Accounts with accounts type full | |
| 2024-11-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-07 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-07 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-05-14 | AA | accounts | Accounts with accounts type full | |
| 2024-02-16 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
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.