FOR-EX DISTRIBUTION NETWORK LIMITED
Get an alert when FOR-EX DISTRIBUTION NETWORK LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2027-04-28 (in 11mo)
Last filed for 2025-07-31
Confirmation statement due
2026-11-09 (in 6mo)
Last made up 2025-10-26
Watchouts
Cash
£650K
+275.7% vs 2024
Net assets
£33K
+189.2% vs 2024
Employees
45
-27.4% vs 2024
Profit before tax
£93K
-82% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
As a result, the Company ceased to trade on that date and Directors do not consider the Company to continue as a going concern. However, no adjustments have been made to the financial statements as the trade and balances will be transferred to Pall-Ex (UK) Limited and will be settled under the same terms and conditions.
-
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 · latest reflected 2025-07-31
| Metric | Trend | 2024-07-31 | 2025-07-31 |
|---|---|---|---|
| Turnover | £33,987,000 | £28,170,000 | |
| Operating profit | £564,000 | £125,000 | |
| Profit before tax | £516,000 | £93,000 | |
| Net profit | £363,000 | £70,000 | |
| Cash | £173,000 | £650,000 | |
| Total assets less current liabilities | £210,000 | £308,000 | |
| Net assets | -£37,000 | £33,000 | |
| Equity | -£37,000 | £33,000 | |
| Average employees | 62 | 45 | |
| Wages | £2,200,000 | £1,472,000 | |
| 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
FY2024 → FY2025 · period ending 2025-07-31 vs 2024-07-31
-
Turnover
-17.1%
£33,987,000 £28,170,000
-
Cash
+275.7%
£173,000 £650,000
-
Net assets
+189.2%
-£37,000 £33,000
-
Employees
-27.4%
62 45
-
Operating profit
-77.8%
£564,000 £125,000
-
Profit before tax
-82%
£516,000 £93,000
-
Wages
-33.1%
£2,200,000 £1,472,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-07-31 | 2025-07-31 |
|---|---|---|---|
| Operating margin | 1.7% | 0.4% | |
| Net margin | 1.1% | 0.2% | |
| Return on capital employed | 268.6% | 40.6% | |
| Current ratio | 0.99x | 0.99x | |
| Interest cover | 11.75x | 3.91x |
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
- FOR-EX DISTRIBUTION NETWORK LIMITED 2020-06-15 → present
- PALL-EX LOGISTICS LIMITED 2000-06-02 → 2020-06-15
- SHADOWONE LIMITED 1999-10-26 → 2000-06-02
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“As a result, the Company ceased to trade on that date and Directors do not consider the Company to continue as a going concern. However, no adjustments have been made to the financial statements as the trade and balances will be transferred to Pall-Ex (UK) Limited and will be settled under the same terms and conditions.”
Significant events
- “On 1st January 2026. For-Ex will merge its activities into Pall-Ex (U.K.) Ltd with all its assets and liabilities moving across so that both entities trade under Pall-Ex (U.K.) Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUCHANAN, Kevin | Director | 2019-01-09 | Jan 1965 | British |
| BYERS, Barry Terence | Director | 2021-05-20 | Mar 1975 | British |
| DUNHILL, David | Director | 2020-06-12 | Feb 1979 | British |
| NAYLOR, Michelle | Director | 2025-03-01 | Jun 1972 | British |
| ROBINS, Paul | Director | 2020-10-23 | Jan 1972 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CRAWFORD, William | Secretary | 2000-04-28 | 2001-07-19 |
| FIELD, Martin Patrick | Secretary | 2001-08-01 | 2016-08-26 |
| YORK PLACE COMPANY SECRETARIES LIMITED | Corporate Nominee Secretary | 1999-10-26 | 2000-04-28 |
| BRADLEY, Adrian | Director | 2020-08-19 | 2021-01-15 |
| DEVEY, Edwin Charles | Director | 2007-02-28 | 2008-03-27 |
| DEVEY, Hilary Lorraine | Director | 2000-04-28 | 2007-02-28 |
| EVANS, Robbie | Director | 2021-05-20 | 2021-11-01 |
| FIELD, Martin Patrick | Director | 2008-03-27 | 2016-08-26 |
| GILLO, Geoffrey Michael | Director | 2016-08-26 | 2017-04-18 |
| MELON, Sam | Director | 2000-04-28 | 2000-08-01 |
| PAXTON, Peter Robert | Director | 2020-06-12 | 2022-04-12 |
| RUSSELL, Adrian Stephen | Director | 2007-03-01 | 2019-01-09 |
| WEBSTER, David Alan | Director | 2021-04-29 | 2021-11-01 |
| YORK PLACE COMPANY NOMINEES LIMITED | Corporate Nominee Director | 1999-10-26 | 2000-04-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pall-Ex Group Limited | Corporate entity | Shares 75–100% | 2024-10-27 | Active |
| Pall-Ex (U.K.) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-11-12 | Ceased 2024-10-27 |
| Ms Hilary Lorraine Devey | Individual | Shares 75–100% | 2016-10-26 | Ceased 2019-11-12 |
Filing timeline
Last 20 of 121 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-20 | AA | accounts | Accounts with accounts type full | |
| 2025-12-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-03 | CH01 | officers | Change person director company with change date | |
| 2025-03-03 | CH01 | officers | Change person director company with change date | |
| 2025-02-06 | AA | accounts | Accounts with accounts type full | |
| 2024-11-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-28 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-10-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-09-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-03-05 | AA | accounts | Accounts with accounts type full | |
| 2024-01-22 | CH01 | officers | Change person director company with change date | |
| 2024-01-22 | CH01 | officers | Change person director company with change date | |
| 2024-01-19 | CH01 | officers | Change person director company with change date | |
| 2024-01-19 | CH01 | officers | Change person director company with change date | |
| 2023-11-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-31 | AA | accounts | Accounts with accounts type full | |
| 2022-11-13 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.