AXLE TOPCO LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-22 (in 1mo)
Last made up 2025-06-08
Watchouts
None on the register
Cash
£1M
Latest balance sheet
Net assets
-£17M
Equity attributable
Employees
560
Average over period
Profit before tax
-£2M
Period ending 2024-12-31
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-06-30 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £35,880,475 | £73,861,203 | |
| Operating profit | — | -£2,353,091 | £1,746,526 | |
| Profit before tax | — | -£3,629,625 | -£1,665,610 | |
| Net profit | — | -£3,629,625 | -£1,665,610 | |
| Cash | — | £734,766 | £1,270,995 | |
| Total assets less current liabilities | — | £26,836,031 | £29,718,375 | |
| Net assets | — | -£14,929,735 | -£16,595,344 | |
| Equity | -£14,038,038 | -£14,929,735 | -£16,595,344 | |
| Average employees | — | 576 | 560 | |
| Wages | — | £12,007,629 | £24,939,973 | |
| Directors' remuneration | — | £114,816 | £232,882 |
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-06-30 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | -6.6% | 2.4% | |
| Net margin | — | -10.1% | -2.3% | |
| Return on capital employed | — | -8.8% | 5.9% | |
| Gearing (liabilities / total assets) | — | 134.7% | 134.6% | |
| Current ratio | — | 0.74x | 0.75x | |
| Interest cover | — | -1.84x | 0.51x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Sedulo Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared these financial statements on a going concern basis. The directors have considered the current economic environment and have prepared trading and cash flow projections until 30 June 2026. These forecasts demonstrate that the company is able to generate sufficient cash flows to service its ongoing debt and business requirements as they become due.”
Group structure
- AXLE TOPCO LIMITED · parent
- Axle Bidco Limited 100%
- Abbey Logistics Group Limited 100%
- Widnes Tank Container Services Limited 100%
- Gussion Transport Limited 100%
- Gussion Transport UK Limited 100%
Significant events
- “On 29th October 2024, Axle Bidco Limited, a subsidiary company of Axle Topco Limited acquired 100% share capital of Gussion Transport Limited and Widnes Tank Container Limited. This was a strategic acquisition to secure a vibrant transport facility in a key location with further opportunities to expand additional services such as Washbay cleaning, specialised vehicle maintenance repairs and Isotank storage and handling.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DE SMET, Birger Albert Gerard | Director | 2026-04-16 | Apr 1985 | Belgian |
| JAMIESON, Paul | Director | 2024-03-01 | Mar 1985 | British |
| SAELENS, David Robert Karel | Director | 2023-10-27 | Jul 1975 | Belgian |
| SAELENS, Nicolas Robert Andre | Director | 2023-10-27 | Oct 1981 | Belgian |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHAMBERS, Christopher James | Director | 2017-09-08 | 2018-11-16 |
| COULSON, David | Director | 2016-08-03 | 2022-05-06 |
| GRANITE, Steven | Director | 2016-06-09 | 2023-10-27 |
| KELLY, Ian Francis | Director | 2016-08-03 | 2019-01-21 |
| MALE, Matthew Toby | Director | 2019-04-01 | 2026-04-06 |
| MATKIN, Daniel James | Director | 2020-12-10 | 2023-10-27 |
| MATURI, Julian | Director | 2019-04-01 | 2023-10-27 |
| PALMER, Andrew James | Director | 2016-09-07 | 2018-01-18 |
| PICKERING, Jon | Director | 2018-06-07 | 2019-04-01 |
| PICKERING, Jon | Director | 2016-08-03 | 2017-08-31 |
| WILDSMITH, Benjamin John | Director | 2017-08-31 | 2018-06-07 |
| WILLIAMS, Lloyd | Director | 2019-04-01 | 2020-12-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Northedge Capital Llp | Corporate entity | Shares 50–75% | 2019-09-12 | Ceased 2023-10-27 |
| Northedge Capital Ii Gp Llp | Corporate entity | Shares 50–75% | 2019-09-12 | Ceased 2023-10-27 |
| Northedge Capital Limited Fund Ll Lp | Corporate entity | Shares 50–75% | 2016-08-23 | Ceased 2019-09-12 |
Filing timeline
Last 20 of 105 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-11-11 RESOLUTIONS Resolution
- 2023-11-11 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-28 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-09 | AA | accounts | Accounts with accounts type group | |
| 2025-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-20 | AA | accounts | Accounts with accounts type group | |
| 2024-07-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-03-13 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-10 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-12-28 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2023-12-22 | AA | accounts | Accounts with accounts type group | |
| 2023-12-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-12-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-11-29 | SH06 | capital | Capital cancellation shares | |
| 2023-11-27 | SH01 | capital | Capital allotment shares | |
| 2023-11-11 | RESOLUTIONS | resolution | Resolution | |
| 2023-11-11 | MA | incorporation | Memorandum articles | |
| 2023-11-09 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2023-11-01 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.