OLAM STORAGE AND DISTRIBUTION LIMITED

• ⚠

  Material uncertainty over going concern

  After the end of the Financial Year, the Directors of the company announced their intention to cease operations. Preparations will be made to decommission the company's depot, and the assets will then be disposed of in an orderly fashion, a process that is expected to take several months. Olam Europe Ltd, the company's parent, has agreed to support the company throughout this period to ensure that all external creditors are paid. In these circumstances it is not appropriate to prepare the financial statements on a going concern basis.

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

  -6.2%

  £1,921,955 → £1,801,867

• Cash

  +0.3%

  £158,648 → £159,082

• Net assets

  -81.1%

  £480,798 → £90,839

  lowest in 4 filed years

• Employees

  +7.7%

  13 → 14

  highest in 4 filed years

• Operating profit

  -123.9%

  -£173,337 → -£388,053

• Profit before tax

  -123.9%

  -£173,337 → -£388,053

• Wages

  +2.2%

  £586,536 → £599,389

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. OLAM STORAGE AND DISTRIBUTION LIMITED 2013-03-21 → present
2. BRITANNIA STORAGE & DISTRIBUTION LIMITED 2006-06-20 → 2013-03-21
3. ROLCO 252 LIMITED 2005-10-19 → 2006-06-20

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“After the end of the Financial Year, the Directors of the company announced their intention to cease operations. Preparations will be made to decommission the company's depot, and the assets will then be disposed of in an orderly fashion, a process that is expected to take several months. Olam Europe Ltd, the company's parent, has agreed to support the company throughout this period to ensure that all external creditors are paid. In these circumstances it is not appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “The company has made the decision to cease trading September 2025. Continuing volatility within the transport market and ever-increasing costs have added the need for further, continued liquidity support through intercompany debt which is not sustainable within the current and future transport market.”
• “The directors made the decision in 2025 to cease all trading of the company. This cessation of trade took place 30 September 2025. The market in which the company continued to operate has remained volatile with costs continuing to rise, making them difficult to recover and remain as a going concern.”

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

Filings

3

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.