ANGLO RED SHIPPING LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +13.2%

  £3,291,470 → £3,727,293

• Cash

  -18.3%

  £515,811 → £421,619

• Net assets

  -5.9%

  £7,867,235 → £7,399,267

• Employees

  0%

  3 → 3

• Operating profit

  +68.3%

  -£407,416 → -£129,326

• Profit before tax

  +67.6%

  -£405,921 → -£131,569

• Wages

  -12.5%

  £59,804 → £52,329

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“During the year ended 31 December 2024, the Company recorded a comprehensive loss of US$176,000 (2023: US$543,000), the Company's current liabilities exceeded its current assets by US$7,247,000 (2023: US$7,554,000) and it is in a net shareholder's surplus position of US$9,898,000 (2023: US$10,524,000). The Company's net current liability position is due to amounts payable to the immediate parent company of US$7,857,000 (2023: US$8,275,000). These liabilities are subordinated to the Company's other liabilities and will only be settled from future cash surpluses generated by the Company. Due to the Company's net current liability position, the parent company, Anglo International Shipping Operations limited, has undertaken to provide financial support to enable the Company meet its obligations as they fall due. The financial statements, prepared on the going concern basis, assume that the Company will generate sufficient working capital to continue operational existence for the foreseeable future.”

Significant events

• “Attacks and acts of piracy on ocean-going vessels in the Red Sea, and armed conflicts in Ukraine, the Gaza Strip, and other hostile developments in the Middle East, have not had a material impact on the Group's operations to date.”

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.