CEVA LOGISTICS LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. CEVA LOGISTICS LIMITED 2006-12-11 → present
2. TNT LOGISTICS UK LIMITED 2002-02-13 → 2006-12-11
3. TAYLOR BARNARD LIMITED 1992-02-26 → 2002-02-13
4. TAYLOR BARNARD TRANSPORT SERVICES LIMITED 1976-12-17 → 1992-02-26

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 directors have prepared cash flow forecasts and performed a going concern assessment which indicates that, in both the base and reasonably possible downsides, the Company will have sufficient funds to meet its liabilities as they fall due during 12 month period after the date of approval of the financial statements, the going concern assessment period. This assessment is dependent on its intermediate parent company, CEVA Logistics SA, not seeking repayment of the amounts currently due to the group, which at 31 December 2024 amounted to £38,438,000 (2023: £38,511,000).”

Group structure

1. CEVA LOGISTICS LIMITED · parent
   1. CEVA Logistics Korea Ltd 100%

Significant events

• “During the year, the Company sold a significant proportion of its trade debtors through securitisation. Legal title of the Company's trade debtors are transferred when they are sold, however the Company retains all the risks associated with holding such secured receivables.”
• “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

7

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

  -2.1%

  £427,686,000 → £418,910,000

• Cash

  —

  Not reported

• Net assets

  -4.7%

  £55,313,000 → £52,714,000

• Employees

  -11.5%

  3,630 → 3,211

• Operating profit

  +179.7%

  -£6,351,000 → £5,064,000

• Profit before tax

  -83.6%

  £16,580,000 → £2,713,000

• Wages

  -9.5%

  £130,932,000 → £118,490,000

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