WORLDWIDE FREIGHT LOGISTICS LIMITED
Get an alert when WORLDWIDE FREIGHT LOGISTICS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£3.5m
-54.8% lowest in 3 filed years
Net assets
£3m
-14% lowest in 3 filed years
Employees
137
+0.7% vs 2024
Profit before tax
-£2.4m
+47.4% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £40,413,951 | £65,374,169 | £62,868,356 | -3.8% | |
| Operating profit | -£13,727,142 | -£2,878,262 | -£1,344,962 | +53.3% | |
| Profit before tax | -£14,966,501 | -£4,541,090 | -£2,387,983 | +47.4% | |
| Net profit | -£15,272,257 | -£3,706,611 | -£2,030,072 | +45.2% | |
| Cash | £10,555,084 | £7,728,035 | £3,490,755 | -54.8% | |
| Total assets less current liabilities | £9,036,791 | £12,992,121 | £4,797,391 | -63.1% | |
| Net assets | £5,297,091 | £3,458,552 | £2,974,876 | -14% | |
| Equity | £5,297,091 | £3,458,552 | £2,974,876 | -14% | |
| Average employees | 171 | 136 | 137 | +0.7% | |
| Wages | £9,087,317 | £6,394,272 | £6,754,373 | +5.6% | |
| Directors' remuneration | — | £0 | £204,327 | — | |
| Highest paid director | — | £0 | £183,333 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -34.0% | -4.4% | -2.1% | |
| Net margin | -37.8% | -5.7% | -3.2% | |
| Return on capital employed | -151.9% | -22.2% | -28.0% | |
| Gearing (liabilities / total assets) | 78.6% | 85.9% | 86.0% | |
| Current ratio | 1.23x | 1.72x | 1.04x | |
| Interest cover | -9.44x | -1.54x | -1.22x |
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
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis. The directors have prepared cash flow, profit and loss and balance sheet forecasts covering a period of at least 12 months from the date of approval of these financial statements”
Group structure
- WORLDWIDE FREIGHT LOGISTICS LIMITED · parent
- Zencargo NL B.V. 100%
- Zencargo USA Inc. 100%
- Zencargo Asia Ltd (Hong Kong) 100%
- Zencargo International Limited 100%
Significant events
- “On 30 June 2026, the Group repaid its existing growth capital and revolving loan facility with TriplePoint in full, for consideration of £4,697,383, and entered into new financing arrangements with UniCredit Bank GmbH”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FATTAL, Norman Richard | Director | 2017-01-06 | Jun 1986 | British |
| HERSHAM, Alexander | Director | 2017-01-06 | Aug 1986 | British |
| MILLER, Franz-Joseph | Director | 2021-04-29 | Oct 1969 | German |
| ZITEK, Jindrich | Director | 2021-04-29 | Dec 1981 | Czech,American |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Norman Richard Fattal | Individual | Shares 25–50%, Voting 25–50% | 2017-01-06 | Ceased 2019-04-12 |
| Mr Alexander Hersham | Individual | Shares 25–50%, Voting 25–50% | 2017-01-06 | Ceased 2019-04-12 |
Filing timeline
Last 20 of 89 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-10-19 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-09-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-09-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-09-16 | AA | accounts | Accounts with accounts type group | |
| 2026-05-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-22 | CH01 | officers | Change person director company with change date | |
| 2025-10-22 | CH01 | officers | Change person director company with change date | |
| 2025-10-15 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-15 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-04-04 | AA | accounts | Accounts with accounts type group | |
| 2025-01-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-19 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-01 | AA | accounts | Accounts with accounts type group | |
| 2024-01-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-10 | AA | accounts | Accounts with accounts type group | |
| 2023-06-13 | SH10 | capital | Capital variation of rights attached to shares | |
| 2023-06-13 | SH08 | capital | Capital name of class of shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- 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.