FREIGHT SYSTEMS (UK) LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-02-02 (in 9mo)
Last made up 2026-01-19
Watchouts
None on the register
Cash
£154K
+65.1% vs 2024
Net assets
-£341K
-10.9% vs 2024
Employees
6
-25% vs 2024
Profit before tax
-£33K
+80.8% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £3,291,697 | £3,556,487 | |
| Operating profit | -£173,549 | -£32,931 | |
| Profit before tax | -£174,317 | -£33,422 | |
| Net profit | -£174,317 | -£33,422 | |
| Cash | £93,087 | £153,649 | |
| Total assets less current liabilities | — | — | |
| Net assets | -£307,110 | -£340,532 | |
| Equity | -£307,110 | -£340,532 | |
| Average employees | 8 | 6 | |
| Wages | £358,279 | £280,961 | |
| Directors' remuneration | £107,424 | £118,189 |
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 2025-03-31 vs 2024-03-31
-
Turnover
+8%
£3,291,697 £3,556,487
-
Cash
+65.1%
£93,087 £153,649
-
Net assets
-10.9%
-£307,110 -£340,532
-
Employees
-25%
8 6
-
Operating profit
+81%
-£173,549 -£32,931
-
Profit before tax
+80.8%
-£174,317 -£33,422
-
Wages
-21.6%
£358,279 £280,961
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -5.3% | -0.9% | |
| Net margin | -5.3% | -0.9% | |
| Gearing (liabilities / total assets) | 140.1% | 135.2% | |
| Current ratio | 1.19x | 1.10x | |
| Interest cover | -225.98x | -67.07x |
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 1 time since incorporation
- FREIGHT SYSTEMS (UK) LIMITED 2007-03-26 → present
- REISA FREIGHT LIMITED 2004-06-30 → 2007-03-26
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Lohur & Co Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.”
Group structure
- FREIGHT SYSTEMS (UK) LIMITED · parent
- FSL Worldwide (Holding) Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PHILLIPS, David Lionel | Director | 2011-08-09 | Jan 1953 | Indian |
| PHILLIPS, Jonathan Mark | Director | 2012-03-22 | Sep 1983 | Indian |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAS, Sanjoy | Secretary | 2009-12-01 | 2010-06-02 |
| GHOSH, Debendra Nath | Secretary | 2004-06-30 | 2009-11-16 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 2004-06-30 | 2004-06-30 |
| AGURU, Venekata Subramanyam | Director | 2011-08-09 | 2013-04-02 |
| BIERBAMER, Tino | Director | 2010-10-01 | 2012-03-22 |
| DAS, Sanjoy | Director | 2009-12-01 | 2010-06-02 |
| GHOSH, Debendra Nath | Director | 2004-06-30 | 2009-11-16 |
| GHOSH, Rabindra Nath | Director | 2004-06-30 | 2009-10-31 |
| FSL WORLDWIDE LIMITED | Corporate Director | 2007-03-23 | 2011-08-09 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 2004-06-30 | 2004-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr David Lionel Phillips | Individual | Shares 50–75%, Voting 50–75% | 2023-01-19 | Active |
| Mr Jonathan Mark Phillips | Individual | Shares 50–75%, Voting 50–75% | 2023-01-19 | Active |
| Fsl Worldwide Limited | Corporate entity | Shares 75–100% | 2021-08-09 | Ceased 2023-01-19 |
Filing timeline
Last 20 of 94 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-16 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-12-18 | AA | accounts | Accounts with accounts type full | |
| 2025-01-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-15 | AA | accounts | Accounts with accounts type full | |
| 2024-01-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-23 | AA | accounts | Accounts with accounts type full | |
| 2023-01-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-19 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-01-19 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-01-19 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-01-04 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-12-12 | AA | accounts | Accounts with accounts type full | |
| 2022-07-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-06 | AA | accounts | Accounts with accounts type full | |
| 2021-08-10 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-08-10 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2021-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-01 | CH01 | officers | Change person director company with change date | |
| 2021-02-02 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.