AMERICOLD LURGAN TRANSPORT LTD

• ⚠

  Material uncertainty over going concern

  We draw attention to note 2 to the financial statements which explains that the company has ceased trading and therefore the directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements.

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

  -56.9%

  £22,701,026 → £9,774,549

• Cash

  -96.8%

  £202,697 → £6,541

• Net assets

  -40.2%

  -£8,925,013 → -£12,513,308

• Employees

  -73%

  137 → 37

• Operating profit

  +60.9%

  -£9,412,453 → -£3,675,605

• Profit before tax

  +61.9%

  -£9,423,023 → -£3,588,295

• Wages

  -68.4%

  £6,960,851 → £2,197,526

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. AMERICOLD LURGAN TRANSPORT LTD 2021-12-24 → present
2. AGRO MERCHANTS LURGAN TRANSPORT LTD 2017-06-14 → 2021-12-24
3. SAWYERS TRANSPORT LIMITED 1991-10-28 → 2017-06-14

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 2 to the financial statements which explains that the company has ceased trading and therefore the directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. AMERICOLD LURGAN TRANSPORT LTD · parent
   1. Woolsey Freight Ltd 100% · Northern Ireland · Haulage

Significant events

• “on 3 December 2024 the directors announced their decision to close the company's operations, with all trading arrangements with customers having ceased on 31 December 2024.”
• “a restructuring plan in February 2024 in addition to the restructuring performed in 2023 to reduce the company's own fleet and utilize subcontractors more to return the business to profitability.”
• “Following the cessation of trading in December 2024, the company disposed of its remaining vehicles and trailers.”

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

2

last 12 months

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