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Next accounts due

2025-09-30

Overdue

Confirmation statement due

2026-08-17 (in 3mo)

Last made up 2025-08-03

Watchouts

2 items

Cash

£869K

-75.1% vs 2022

Net assets

£15M

+2% highest in 6 filed years

Employees

17

0% vs 2022

Profit before tax

£375K

+1,144.4% vs 2022

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

6-year trend · latest reflected 2023-09-30

Metric Trend 2018-09-302019-09-302020-09-302021-09-302022-09-302023-09-30
Turnover £15,865,237£16,850,203
Operating profit £57,946£375,118
Profit before tax -£35,921£375,148
Net profit -£186,171-£45,215-£169,027-£30,430£296,367
Cash £670,948£639,041£625,180£796,228£3,493,611£868,670
Total assets less current liabilities -£88,392-£133,607-£302,634-£896,428£15,773,269£16,069,636
Net assets -£88,392-£133,607-£302,634£15,142,816£15,439,183
Equity -£88,392-£133,607-£302,634-£896,428£15,142,816£15,439,183
Average employees 6011717
Wages £0£2,165,658£1,585,308
Directors' remuneration

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

Year-on-year

FY2022 → FY2023 · period ending 2023-09-30 vs 2022-09-30

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2018-09-302019-09-302020-09-302021-09-302022-09-302023-09-30
Operating margin 0.4%2.2%
Net margin -0.2%1.8%
Return on capital employed 0.4%2.3%
Gearing (liabilities / total assets) 31.4%29.2%
Current ratio 3.51x3.80x
Interest cover 0.78x

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

  1. OSPREA LOGISTICS LIMITED 2008-01-29 → present
  2. SMITHFIELD FOODS (UK) LIMITED 2002-01-24 → 2008-01-29
  3. MEMBRANE FILTERS LIMITED 1999-09-27 → 2002-01-24

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Moore Green
Audit opinion
Qualified
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. The director and management consider the group to be a going concern on the basis that:- Contracts were secured to produce a substantial quantity of products which could realise sales in excess of $14,000,000 and generate significant profits. Within the group the level of stock holding is significant due to these pending sales and the substantial liabilities at the balance sheet date would be capable of being repaid in full. We have now developed direct contacting with the US Government which will ease our tendering processes and allow direct awards from the government, The first of these was awarded on 30/09/2023. Key management have given certain personal guarantees over various group liabilities. Key management are constantly reviewing the group cash flow position since contracts can take several years to fulfil resulting in income arising a considerable time after the expenditure is incurred.”

Group structure

  1. OSPREA LOGISTICS LIMITED · parent
    1. Osprea Logistics USA LLC 100% · USA
    2. Osprea Logistics SA Proprietary Limited 100% · South Africa

Significant events

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

People

1 active · 9 resigned

Name Role Appointed Born Nationality
MEARS, Khalila Ama Director 2008-02-20 Dec 1973 British
Show 9 resigned officers
Name Role Appointed Resigned
BRANDT, Peter Augustus Secretary 1999-09-27 2018-08-29
MEARS, Khalila Secretary 2008-02-20 2008-03-19
QA REGISTRARS LIMITED Corporate Nominee Secretary 1999-09-27 1999-09-27
BEAZLEY, Raymond Director 1999-09-27 2002-03-15
BRANDT, Elizabeth Margaret Director 2002-01-31 2008-03-19
BRANDT, Peter Augustus Director 1999-09-27 2008-03-19
INGLESON, Lloyd John Director 1999-09-27 2002-03-15
MCLINTOCK, Andrew Thomson Director 1999-09-27 2002-03-15
QA NOMINEES LIMITED Corporate Nominee Director 1999-09-27 1999-09-27

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Nicholas Brandt Individual Shares 75–100%, Voting 75–100%, Appoints directors 2021-05-10 Active
Goldex Limited Corporate entity ownership-of-shares-75-to-100-percent-as-firm, voting-rights-75-to-100-percent-as-firm, right-to-appoint-and-remove-directors-as-firm 2016-06-01 Ceased 2016-06-01

Filing timeline

Last 20 of 100 total filings

Date Type Category Description
2026-02-24 CH01 officers Change person director company with change date PDF
2025-08-04 CS01 confirmation-statement Confirmation statement with updates PDF
2025-06-25 AA accounts Accounts with accounts type group PDF
2025-06-23 AA accounts Accounts with accounts type group PDF
2024-08-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-02-28 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-08-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-03-21 AA accounts Accounts with accounts type group
2022-08-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-03-02 AA accounts Accounts with accounts type full PDF
2022-02-01 MR04 mortgage Mortgage satisfy charge full PDF
2022-02-01 MR04 mortgage Mortgage satisfy charge full PDF
2022-02-01 MR04 mortgage Mortgage satisfy charge full PDF
2021-08-31 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2021-08-31 PSC09 persons-with-significant-control Withdrawal of a person with significant control statement PDF
2021-08-03 CS01 confirmation-statement Confirmation statement with updates PDF
2021-04-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-04-26 CH01 officers Change person director company with change date PDF
2021-01-04 AA accounts Accounts with accounts type full PDF
2020-03-27 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page