UK Companies House feature
BAY FREIGHT LIMITED
Cash
£56K
+33.2% vs 2023
Net assets
£1M
-12.6% vs 2023
Employees
72
-5.3% vs 2023
Profit before tax
-£203K
+41.1% vs 2023
Profile
- Company number
- 01506710
- Status
- Active
- Incorporation
- 1980-07-08
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 49410
Net assets
10-year trend · vs UK Logistics & Mobility median
Accounts
10-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | £9,400,490 | — | £8,795,667 | — | £9,315,003 | — | £9,973,748 | — | £8,697,610 | £8,626,356 | |
| Operating profit | £122,298 | — | £209,331 | — | £90,267 | — | £111,740 | — | -£269,957 | -£142,006 | |
| Profit before tax | £101,640 | — | £175,241 | — | £62,457 | — | £71,364 | — | -£344,758 | -£203,103 | |
| Net profit | £98,352 | — | £200,681 | — | £78,032 | — | £75,044 | — | -£353,402 | -£200,508 | |
| Cash | £328,806 | — | £740,878 | — | £198,015 | — | £93,085 | — | £42,389 | £56,449 | |
| Total assets less current liabilities | £2,339,124 | — | £2,369,119 | — | £1,873,553 | — | £2,111,554 | — | £1,595,195 | £1,410,287 | |
| Net assets | £1,594,840 | — | £1,795,521 | — | £1,873,553 | — | £1,948,597 | — | £1,595,195 | £1,394,687 | |
| Equity | £1,594,840 | — | £1,795,521 | — | £1,873,553 | — | £1,948,597 | — | £1,595,195 | £1,394,687 | |
| Average employees | 87 | — | 90 | — | 84 | — | 86 | — | 76 | 72 | |
| Wages | — | — | — | — | — | — | — | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Hurst Accountants Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “On 21 December 2024, the Company granted a fixed and floating charge over its assets in favour of Apex Group Hold Co (UK) Limited, acting as a security agent.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BLAKELEY, Allan | Director | 2026-02-01 | Dec 1971 | British |
| COX, Graham John | Director | 2025-04-07 | Mar 1968 | British |
| JENKINS, Gareth | Director | 2024-12-21 | Oct 1967 | British |
| WARRILLOW, Benjamin James | Director | 2024-12-21 | Aug 1974 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAILEY, Susan Joyce | Secretary | — | 2011-12-23 |
| BAILEY, Daniel Ernest | Director | 2011-12-23 | 2021-10-01 |
| BAILEY, Daniel Ernest | Director | — | 2011-12-23 |
| BAILEY, Ernest | Director | — | 2011-12-23 |
| BAILEY, Graham Robert | Director | 1999-02-04 | 2006-10-19 |
| BAILEY, Susan Joyce | Director | — | 2011-12-23 |
| FIELDS, Peter Richard | Director | 2011-12-28 | 2024-12-21 |
| GERMANY, Barry John | Director | 2024-12-21 | 2025-12-10 |
| MOORE, Harry Charles | Director | — | 1999-02-15 |
| NORFOLK, Graham Richard | Director | 2011-12-23 | 2024-12-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Kinaxia Transport & Warehousing Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 160 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-06 | AP01 | officers | appoint person director company with name date |
| 2026-01-14 | TM01 | officers | termination director company with name termination date |
| 2025-12-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-09-29 | AA | accounts | accounts with accounts type full |
| 2025-04-07 | AP01 | officers | appoint person director company with name date |
| 2025-03-14 | RP04AP01 | officers | second filing of director appointment with name |
| 2025-01-31 | AA | accounts | accounts with accounts type full |
| 2025-01-09 | TM01 | officers | termination director company with name termination date |
| 2025-01-09 | TM01 | officers | termination director company with name termination date |
| 2025-01-09 | AP01 | officers | appoint person director company with name date |
| 2025-01-09 | AP01 | officers | appoint person director company with name date |
| 2025-01-09 | AP01 | officers | appoint person director company with name date |
| 2024-12-30 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-12-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-01-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-09-27 | AA | accounts | accounts with accounts type full |
| 2023-07-07 | TM01 | officers | termination director company with name termination date |
| 2022-12-15 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-08-24 | AA | accounts | accounts with accounts type full |
| 2022-03-15 | MR04 | mortgage | mortgage satisfy charge full |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
2.01
GREY ZONE
Altman Z″
- Working capital / Total assets 0.256 × 6.56 = +1.68
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.036 × 6.72 = -0.24
- Book equity / Total liabilities 0.545 × 1.05 = +0.57
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory