L V SHIPPING 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 102

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

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 12 months from when the financial statements are authorised for issue.”

Group structure

1. L V SHIPPING LIMITED · parent
   1. Trader Shipping Limited 100% · England and Wales
   2. Arbour Shipping Antwerpen BV 100% · Belgium

Significant events

• “2024 was a year of growth in terms of number of trailers shipped, up 32% from the previous year, and an expanding client base in collaboration with our Scandinavian partner Logi Trans AS ensured our market presence in this sector grew.”
• “2024 was a challenging year for the deep-sea market. Security issues affected the Gulf of Aden at the start of the year and this disrupted access to the Red Sea and, more importantly, the Suez Canal.”

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

  +27.3%

  £73,044,079 → £92,951,477

• Cash

  -33.1%

  £1,287,905 → £861,395

• Net assets

  +4.7%

  £14,502,656 → £15,191,440

• Employees

  +3.3%

  243 → 251

• Operating profit

  +26.5%

  £1,701,191 → £2,151,456

• Profit before tax

  +26.9%

  £1,687,597 → £2,141,603

• Wages

  +8.7%

  £10,318,085 → £11,216,941

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