EV CARGO GLOBAL FORWARDING LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-21 (in 8mo)
Last made up 2026-01-07
Watchouts
None on the register
Cash
£954K
-74.1% vs 2023
Net assets
£82M
+0.8% vs 2023
Employees
399
-10.7% vs 2023
Profit before tax
-£4M
+72.8% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £225,082,000 | £260,320,000 | |
| Operating profit | -£18,684,000 | -£2,549,000 | |
| Profit before tax | -£13,375,000 | -£3,636,000 | |
| Net profit | -£9,629,000 | -£2,512,000 | |
| Cash | £3,687,000 | £954,000 | |
| Total assets less current liabilities | £112,582,000 | £104,400,000 | |
| Net assets | £81,056,000 | £81,675,000 | |
| Equity | £81,056,000 | £81,675,000 | |
| Average employees | 447 | 399 | |
| Wages | £17,693,000 | £16,210,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -8.3% | -1.0% | |
| Net margin | -4.3% | -1.0% | |
| Return on capital employed | -16.6% | -2.4% | |
| Gearing (liabilities / total assets) | 63.2% | 56.9% | |
| Current ratio | 1.83x | 2.02x | |
| Interest cover | -4.77x | -0.43x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have adopted the going concern basis in preparing these financial statements. The going concern status of the Company is based on its own financial position as well as recognises the link to the EV Cargo Group. After careful assessment, the Directors have concluded that it is appropriate to prepare the financial statements on a going concern basis. The Directors have assessed the Company's ability to continue as a going concern for the period ending at least 12 months from the date these financial statements are authorised for issue.”
Group structure
- EV CARGO GLOBAL FORWARDING LIMITED · parent
- EV Cargo Global Forwarding BV 0%
- EV Cargo Global Forwarding SAS 100%
- CS Freight Solutions SAS 100%
- EV Cargo Global Forwarding GmbH 100%
- EV Cargo Global Forwarding Sp.zoo 80%
- EV Cargo Asia Limited 100%
- EV Cargo Global Forwarding SARL 51.2%
- Allied Cargo Services SARL 0%
- ACS Reverse Logistics Limited 50%
- Far East Cargo Line Limited 99.86%
- EV Cargo B.V. 100%
- EV Cargo Netherlands B.V. 100%
- EV Cargo Europe B.V. 100%
- Allport Cargo Services (Mauritius) Limited 80%
- EV Cargo Global Forwarding Limited 51%
- Fast Forward Freight and Logistics Limited 100%
Significant events
- “2024 has been a transformative year for EV Cargo and especially EV Cargo Global Forwarding, with many of the significant investments and strategic initiatives undertaken in recent years generating compelling value and results.”
- “Global network development: significant progress on the integration of the March 2022 acquisition of Fast Forward Freight, the March 2023 acquisition of Allport Netherlands, as well as the organic expansion across Asia.”
- “Expanded industry solutions and account management: continued to increase the number of industry verticals, customer-centric innovation via technology investments and revamped account management through the Company's Global Customer Solutions team.”
- “Technology investments: invested meaningfully in proprietary software (EV Flow) and world class third-party systems, advancing its digital strategy, including AI powered productivity tools.”
- “Culture: The EV Cargo brand, culture and identity genuinely come to life. People aligned and committed to the Group's mission. Successful EV United and Global Trade Lane programmes led to significant advances in culture, business development and customer service.”
- “After year end, the Company received a favourable award in an arbitration proceeding, succeeding on several material claims for damages while the counterparty's counterclaims were dismissed in their entirety. The arbitration's decision confirmed that the Company is (and has been) unrestricted in its ability to expand into the Greater China market.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 39 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAVIS, Mark | Secretary | 2019-07-01 | — | British |
| CHAPLIN, Bruce James, Mr. | Director | 2025-01-01 | Feb 1976 | British |
| COUTTS, Paul William | Director | 2022-01-24 | Nov 1956 | British |
| DAVIS, Mark | Director | 2019-07-09 | May 1972 | British |
| MC ALLISTER, Ian Collin, Mr. | Director | 2025-01-01 | Jul 1971 | South African |
| ZARIN, Heath Brian | Director | 2017-11-30 | Dec 1975 | Kittitian |
Show 39 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLACKNELL, Terrance Albert | Secretary | — | 2001-04-30 |
| HARRIS, Catherine Jayne | Secretary | 2018-04-16 | 2018-07-13 |
| KIRKHOUSE, Mark Adrian | Secretary | 2001-04-30 | 2018-03-12 |
| ARDEN, Brian | Director | — | 1995-04-01 |
| BINGLEY, Alan William | Director | — | 2007-12-31 |
| BLACKNELL, Terrance Albert | Director | — | 2001-04-30 |
| BRIGGS, Douglas Campbell | Director | 2013-11-14 | 2017-11-03 |
| BUNTROCK, Clyde Andrew | Director | 2019-06-26 | 2022-12-07 |
| BYRNE, Michael Adrian | Director | — | 2008-12-10 |
| CARGILL, Christopher | Director | — | 2013-02-24 |
| CHANDRA, Muriel Anne | Director | 2022-01-24 | 2025-01-01 |
| CLAYTON, Daniel Mark | Director | 2013-06-26 | 2015-02-18 |
| CLAYTON, John | Director | — | 2010-12-23 |
| CLAYTON, Margaret | Director | — | 2006-11-03 |
| CORKER, Alan Charles | Director | — | 1996-09-04 |
| DAVIS, Derek | Director | — | 2010-12-23 |
| DEAKIN, Philip James | Director | 2022-12-07 | 2023-09-30 |
| DEVANY, John Robert | Director | — | 1996-09-04 |
| GRAY, Jeremy Martin | Director | — | 2019-02-25 |
| KIRKHOUSE, Mark Adrian | Director | 2002-02-01 | 2017-11-30 |
| LAU, Shek Yau John | Director | 2010-12-23 | 2020-12-08 |
| LOVE, Matthew Neale | Director | 2019-06-26 | 2021-10-31 |
| MCCANN, John | Director | 2004-04-19 | 2010-07-01 |
| MCGURIN, Charles | Director | 2014-12-01 | 2020-03-31 |
| NICHOL, Glen John | Director | — | 2013-12-31 |
| QUISH, Michael James | Director | — | 1995-02-17 |
| RIDDELL, Julia Ann | Director | 2022-01-24 | 2022-12-07 |
| SALE, Keith | Director | — | 2008-12-31 |
| SIEBER, Peter David | Director | 1994-09-01 | 1996-09-04 |
| SIEBER, Peter | Director | — | 2001-12-11 |
| SMITH, Andrew Michael | Director | 1995-02-16 | 1996-09-04 |
| STONE, Peter Michael | Director | — | 1996-01-17 |
| THOMAS, David James | Director | 2017-11-30 | 2019-08-08 |
| TOYE, Daniel James | Director | — | 2013-12-31 |
| TOYE, William Alfred John | Director | — | 2021-01-05 |
| WALLACE, Ian David | Director | — | 2001-08-31 |
| WHITTLE, Michael Anthony | Director | — | 1996-06-07 |
| WILLIAMS, Steve | Director | 2019-09-02 | 2025-01-01 |
| YOUNGER, Colin John | Director | — | 2010-12-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ev Cargo Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 303 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-25 | AA01 | accounts | Change account reference date company previous extended | |
| 2025-09-15 | AA | accounts | Accounts with accounts type full | |
| 2025-03-19 | AA | accounts | Accounts with accounts type full | |
| 2025-02-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-12 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-01-15 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-15 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-15 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-18 | AA01 | accounts | Change account reference date company previous shortened | |
| 2024-12-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-23 | AA01 | accounts | Change account reference date company previous shortened | |
| 2024-09-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-03-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-02-06 | AA | accounts | Accounts with accounts type full | |
| 2024-01-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-18 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-10-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-22 | AA01 | accounts | Change account reference date company previous shortened |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+15.7%
£225,082,000 £260,320,000
-
Cash
-74.1%
£3,687,000 £954,000
-
Net assets
+0.8%
£81,056,000 £81,675,000
-
Employees
-10.7%
447 399
-
Operating profit
+86.4%
-£18,684,000 -£2,549,000
-
Profit before tax
+72.8%
-£13,375,000 -£3,636,000
-
Wages
-8.4%
£17,693,000 £16,210,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers