HELLMANN WORLDWIDE LOGISTICS LIMITED

1. HELLMANN WORLDWIDE LOGISTICS LIMITED 1999-07-01 → present
2. HELLMANN INTERNATIONAL FORWARDERS LIMITED 1989-01-17 → 1999-07-01
3. HELLMANN MITCHELL COTTS LIMITED 1988-02-26 → 1989-01-17
4. MITCHELL COTTS INTERNATIONAL FREIGHT LIMITED 1986-07-01 → 1988-02-26
5. MITCHELL COTTS FREIGHT (U.K.) LIMITED 1982-03-19 → 1986-07-01
6. BRUDA INTERNATIONAL LIMITED 1973-04-13 → 1982-03-19

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

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

Standalone (parent only)

Auditor

Menzies LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors are confident in continuing to adopt the going concern basis in preparing the financial statements.”

Significant events

• “Overall turnover has reduced marginally versus 2023 and gross margin has reduced from 25.6% to 24.1%.”
• “The profit for the financial year amounted to £4,668,000 (2023: £10,649,000). The 2023 result included a taxation credit of £4,701,000 and the year on year reduction in profitability reflects this along with the reduction in dividends from the joint venture noted above.”
• “An interim dividend of £9,999,000 was declared and paid during the year (2023: £Nil).”
• “Hellmann closed the leased Lichfield warehouse site and rationalised activities to the Burton site. This change utilises the current building spaces more efficiently and has reduced the associated energy consumption demonstrated by the Energy Assessment carried out for the ISO 50001 Energy Management System. The new Lichfield office that was subsequently opened, has LED lighting installed throughout the workspace.”
• “A Company Car Policy has been introduced with the choice limited to electrics or hybrids only limiting the carbon emissions associated with company vehicles.”
• “EV charge points have been installed at the Burton site and a similar installation at Heathrow is planned for 2025. The refurbishment of the Aberdeen site is ongoing, with installation of efficient water heaters confirmed. Other projects include replacing the Burton LPG-fuelled fork-lift truck with an electric model. There are also plans for a review of a solar array at the Burton site.”

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

Filings

8

last 12 months

Capital events

2

last 24 months

Officers appointed

3

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.

• Turnover

  -0.3%

  £110,477,000 → £110,152,000

• Cash

  —

  Not reported

• Net assets

  -21.8%

  £18,640,000 → £14,581,000

• Employees

  -6.9%

  290 → 270

• Operating profit

  +7%

  £3,021,000 → £3,232,000

• Profit before tax

  -21.5%

  £5,948,000 → £4,668,000

• Wages

  -0.9%

  £12,519,000 → £12,402,000

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