GLFA CO LIMITED

• ◆

  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

  +17.3%

  £22,962,013 → £26,931,144

  highest in 3 filed years

• Cash

  +214.1%

  £13,627 → £42,805

  highest in 3 filed years

• Net assets

  +30.6%

  £2,883,354 → £3,765,102

  highest in 3 filed years

• Employees

  +0.7%

  138 → 139

• Operating profit

  -1.9%

  £2,153,455 → £2,113,596

• Profit before tax

  -1%

  £1,639,656 → £1,623,489

• Wages

  +1.4%

  £4,241,957 → £4,300,623

  highest in 3 filed years

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

Sumer Auditco Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. GLFA CO LIMITED · parent
   1. Graylaw Holdings Limited 100% · UK · Holding company
   2. Graylaw International Freight Group Limited 100% · UK · Freight and Distribution services
   3. Graylaw Properties Holdings Limited 100% · UK · Holding company
   4. Graylaw Properties Limited 100% · UK · Rental of warehousing premises

Significant events

• “During 2024, the group experienced a period of controlled growth despite ongoing economic challenges, including persistent inflationary pressures, fluctuating fuel prices, and general market volatility. The fuel surcharge model introduced previously continued to operate effectively, protecting the group from the worst of the fuel cost variability.”
• “A major highlight was the successful renewal of key contracts and the onboarding of several strategic customers, contributing positively to revenue growth. Relationships with existing customers were further strengthened through continued investment in service quality and operational reliability.”
• “The business made significant strides in IT development, focusing on improving internal efficiencies and external customer service platforms. Track and trace technology became fully operational, enhancing customer satisfaction and positioning the group as a forward-thinking logistics provider.”
• “Operational efficiencies and maintaining service excellence remained core focuses throughout the year, ensuring that the group continued to deliver a high-quality service despite broader market pressures.”
• “The redevelopment of the main operations site, commenced in October 2024, is progressing well and remains on schedule for completion late 2025. The facility will introduce state-of-the-art handling, storage, and operational systems, designed to drive cost efficiencies, improve employee working conditions, and enhance customer experience.”
• “Further IT enhancements are planned, focusing on digital communication, real-time freight tracking, and customer reporting as the group moves its operational software in 2025. These investments will allow the group to meet increasing customer expectations and deliver additional value-added services.”
• “Principal risks and uncertainties: Ongoing volatility in fuel, energy, and interest costs; Labour market pressures increasing wage demands; Regulatory changes impacting transport and environmental compliance”
• “In 2024, the group implemented new safety technologies and protocols aligned with industry best practices. Training programs were expanded to ensure all employees meet the highest standards of workplace safety.”
• “Employee retention remained strong throughout 2024, despite the competitive labour market. Investment in training, development, and employee engagement has continued to be a focus”
• “Environmental issues: The first electric vehicle joined the fleet with the second one on order. Being one of 50 electric rigids in the UK. Trials of electric fork lift trucks commenced in the year. Ongoing initiatives to optimise fleet usage and reduce road miles. An upgraded substation was installed to be more efficient and use less power. Improved waste management systems and processes were implemented. Working with the pallet network, UPN, we were able to become carbon free on all our pallet network deliveries.”

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

Filings

2

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.