GBA LOGISTICS LTD

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +39.7%

  £71,054,491 → £99,229,910

• Cash

  +119.7%

  £1,170,257 → £2,570,945

  highest in 4 filed years

• Net assets

  -8.1%

  £8,009,687 → £7,364,424

• Employees

  +37.5%

  363 → 499

• Operating profit

  +160.9%

  £316,743 → £826,528

• Profit before tax

  +127.4%

  -£226,235 → £61,971

• Wages

  +81.6%

  £12,314,630 → £22,361,851

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Notwithstanding net current liabilities of £3,563k, at the time of approving the financial statements, the directors have an expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Included within net current liabilities is a receivables financing balance of £7,425k (2023: £3,317k). Although secured against current trade receivables, the receivables financing facility itself is revolving in nature and provides ongoing working capital support aligned with the Group's operational cash flow cycle. Additionally, the receivables financing facility is also utilised to support longer-term strategic investments and commitments, including the acquisition of fixed assets and funding of acquisition-related costs. The increase in the receivables financing balance at the 2024 year-end is reflective of its use in supporting the acquisition of The Silver X Group and Bow Distribution and Warehousing, as well as funding significant organic growth achieved across the Group. The group has produced cash flow forecasts based on current trading and existing credit facilities in support of their use of the going concern basis of accounting in the preparation of the financial statements. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. GBA LOGISTICS LTD · parent
   1. G.B.A. Services Limited 95% · England and Wales
   2. GBA Global Solutions Limited 100% · England and Wales
   3. GBA Global Limited 100% · England and Wales
   4. GBA Management Services Limited 100% · England and Wales
   5. GBA Limited 100% · England and Wales
   6. Gba Logistics Portugal, Unipessoal Lda 100% · Portugal
   7. GBA Logistics Germany GmbH 100% · Germany
   8. GBA Logistics GmbH 98% · Germany
   9. GBA Services Europe Sp. z 0.0 100% · Poland
   10. GBA Austria Speditions GmbH 100% · Austria
   11. SXG Holdings Limited 100% · England and Wales
   12. The Silver X Group Limited 100% · England and Wales
   13. Bow Distribution and Warehousing Limited 100% · England and Wales
   14. GBA Logistics (Ireland) Limited 100% · Ireland
   15. GBA Xtra Mile Limited 100% · England and Wales
   16. GBA Express Limited 100% · England and Wales

Significant events

• “The group continued to build on its Environmental, Social and Governance activities in 2024 with support to many UK and EU based charities.”
• “The group has undertaken a number of environmental initiatives, including: - Continued driver training and monitoring of driving metrics (e.g. harsh braking) to reduce fuel consumption; - Operational system improvements to optimise routes and reduce empty running; and - Continual fleet renewal to replace older vehicles with more fuel efficient trucks.”
• “On 26 April 2024 the group acquired 100% of the issued capital of SXG Holdings Limited and its subsidiaries for consideration of £6,739,044.”

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

Filings

4

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.