GAC SERVICES (UK) LTD

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

  -7.5%

  £48,984,620 → £45,293,985

• Cash

  +51.4%

  £223,809 → £338,953

• Net assets

  -8.9%

  £5,257,197 → £4,788,690

• Employees

  +3.1%

  260 → 268

• Operating profit

  -30.9%

  £3,782,056 → £2,612,810

• Profit before tax

  -32.5%

  £3,869,736 → £2,612,810

• Wages

  +3.9%

  £11,366,270 → £11,808,390

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. GAC SERVICES (UK) LTD 2016-11-09 → present
2. GAC SHIPPING (UK) LIMITED 2009-12-16 → 2016-11-09
3. OBC SHIPPING LTD. 1993-11-24 → 2009-12-16
4. SCOTMAR (AGENCIES) LIMITED 1989-12-11 → 1993-11-24

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Consequently, the Directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. GAC SERVICES (UK) LTD · parent
   1. GAC Training and Services Solutions Ltd 50% · England and Wales · Maritime Training
   2. Pelitec Ltd 50% · Scotland · Drone Services

Significant events

• “During 2024 the Company generated a profit after tax of £1,931,493. Turnover £45,293,985, and operating income fell to £22,759,694. Principally, this was due to losing key customers in the energy space caused by the M&A of a primary customer as well as the Ocean Race not taking place in the year.”
• “In line with group strategic planning (Aurora21), during the year decisions were taken to close the warehouse at London Heathrow, as well as to end the sailing events partnership with Pindar Sporting Partners. Our freight forwarding team was significantly reduced with a focus now on niche logistics, and a concerted effort taken to collaborate across departments, and to cross train staff to make the business more efficient.”

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.