CONSTELLATION COLD LOGISTICS UK MIDCO LIMITED

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

  -8.6%

  £38,668,395 → £35,332,120

• Cash

  +21.8%

  £942,328 → £1,147,633

• Net assets

  -38.9%

  £23,830,062 → £14,563,059

• Employees

  -9.1%

  363 → 330

• Operating profit

  -59%

  -£3,659,364 → -£5,819,184

• Profit before tax

  -63.8%

  -£5,657,602 → -£9,267,003

• Wages

  +2.5%

  £14,401,218 → £14,756,999

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.

1. CONSTELLATION COLD LOGISTICS UK MIDCO LIMITED 2023-09-26 → present
2. HSH MIDCO LIMITED 2021-01-19 → 2023-09-26
3. IDUNA MIDCO LIMITED 2020-12-11 → 2021-01-19

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Smailes Goldie

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the year end the group reported a loss before tax of £9,267,003 (2023: £5,129,282) and net current liabilities of £43,139,167 (2023: £4,273,612) which gives rise to a going concern risk. Accordingly, the directors have prepared financial forecasts covering a period of 12 months to 31 December 2026 in conjunction with a turnaround plan for the business. The financial forecasts show that the business remains reliant on the continued financial support from the company's ultimate parent company. As such confirmation has been received from the ultimate controlling parent pledging their continued financial support through a period of 12 months from the date of approval of these financial statements. The above factors have led the directors to conclude that the going concern basis remains appropriate.”

Group structure

1. CONSTELLATION COLD LOGISTICS UK MIDCO LIMITED · parent
   1. Constellation Cold Logistics UK Holdings Limited 100% · England & Wales · Intermediate holding company
   2. Constellation Cold Logistics UK Limited 100% · England & Wales · Operator of cold storage premises
   3. Constellation Cold Logistics UK 2 Limited 100% · England & Wales · Operator of cold storage premises
   4. SAL Commercials Limited 100% · England & Wales · Dormant
   5. Cryotech (Grimsby) Limited 100% · England & Wales · Dormant

Significant events

• “During the year the transport assets of Constellation Cold Logistics UK 2 Limited were hived up into Constellation Cold Logistics UK Limited, transport in Grimsby from 1 May and in Wolverhampton from 1 June.”
• “On 24th June it was announced that the ultimate parent company, Arcus Infrastructure Partners, had agreed to sell the whole of the Constellation Cold Group to EQT, a global investment organisation with assets in Europe, Asia-Pacific and the Americas. The acquisition completed on 31 October 2024.”
• “The business of subsidiary company Constellation Cold Logistics UK 2 Limited has been hived up into fellow subsidiary company Constellation Cold Logistics UK Limited, in three stages with the final stage being completed in January 2025. The assets of the transport business were transferred, being limited to trucks and trailers and this was done on 1 May 2024 for the transport function in Grimsby and on 1 June 2024 for the function in Wolverhampton. All cold store assets were hived up from 1 January 2025, leaving the hive up process complete.”
• “During 2024, the development of a new cold store commenced at the Estate Road 2, Grimsby location. This building went live in September 2025. During 2025 the site has switched to using the plant installed as part of the new 36,000 pallet expansion at the Estate Road 2 facility, leading to an enhanced efficient consumption of energy. The new solar plant at Estate Road 2 is expected to go live in early 2026.”
• “During July and August 2025, the company took delivery of 22 tractor units, in addition, the company took delivery of 43 trailers in November 2025.”
• “A planning application for a new cold store on the Wolverhampton site has been submitted in 2025, this is expected to break ground in 2026.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.