XPO GLOBAL FORWARDING UK LIMITED

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 101

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

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 directors have prepared cash flow forecasts for at least 12 months from the date of approval of these financial statements which indicate that, taking account of severe but plausible downside scenarios, the Company will have sufficient funds to meet its liabilities as they fall due for that period.”

Significant events

• “Revenue has remained fairly consistent year on year at £11,263k (2023: £11,272k) despite a difficult macro-economic environment. Operating profit has decreased by £1,441k, primarily driven by a significant increase in freight rates, which led to higher subcontracting costs and placed additional pressure on margins.”
• “There are unlimited cross-guarantees between the Company and certain other UK based group undertakings, for bank borrowings.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -0.1%

  £11,272,000 → £11,263,000

• Cash

  +10.6%

  £7,499,000 → £8,297,000

• Net assets

  +20.3%

  £6,430,000 → £7,735,000

• Employees

  -4%

  25 → 24

• Operating profit

  -49.6%

  £2,904,000 → £1,463,000

• Profit before tax

  -40.8%

  £2,920,000 → £1,729,000

• Wages

  +28%

  £1,015,000 → £1,299,000

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