CEVA FREIGHT (UK) LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. CEVA FREIGHT (UK) LIMITED 2007-12-03 → present
2. EGL EAGLE GLOBAL LOGISTICS (UK) LIMITED 2000-11-27 → 2007-12-03
3. EGL EAGLE GLOBAL LOGISTICS LIMITED 2000-10-17 → 2000-11-27
4. CIRCLE INTERNATIONAL LIMITED 1994-03-15 → 2000-10-17
5. HARPER FREIGHT INTERNATIONAL LIMITED 1993-01-02 → 1994-03-15
6. CIRCLE FREIGHT INTERNATIONAL LIMITED 1980-12-31 → 1993-01-02
7. CIRCLE AIR FREIGHT (U.K.) LIMITED 1973-11-19 → 1980-12-31

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis, which the directors consider to be appropriate for the following reasons. The Company meets its day to day working capital requirements from operational cash flows and intercompany trading balances with the group headed by CEVA Logistics SA, the intermediate parent Company and the use of a cash pooling facility managed by the group treasury function. This is a formal cash pool arrangement, therefore the Company is legally entitled to its cash as and when required. Cash balances held by the Company are swept into a common bank account at the end of each day. The Company has always been a lender of its surplus cash and has a balance in its favour as at 31 December 2024 amounting to £47,513,000. The directors have prepared cashflow projections for the Company for a period of 12 months from the date of approval of these financial statements which indicate that, taking account of severe but plausible downsides on the operations and its financial resources, the Company will have sufficient funds to meet its liabilities as they fall due for that period. 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.”

Significant events

• “The Company is a participant in a group banking arrangement under which all surplus cash balances are held as collateral for bank facilities advanced to group members. In addition, the Company has issued an unlimited guarantee to the bank to support these group facilities.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.

• Turnover

  +7.7%

  £226,251,000 → £243,761,000

• Cash

  -98.5%

  £3,377,000 → £49,000

• Net assets

  +6.7%

  £102,368,000 → £109,276,000

• Employees

  -18.8%

  451 → 366

• Operating profit

  -31.3%

  £9,005,000 → £6,189,000

• Profit before tax

  -27.3%

  £9,591,000 → £6,968,000

• Wages

  -8.8%

  £17,457,000 → £15,923,000

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