UK Companies House feature
AIT WORLDWIDE LOGISTICS (UK) LIMITED
Cash
£945K
+29.7% vs 2019
Net assets
£4M
+9% vs 2019
Employees
52
-3.7% vs 2019
Profit before tax
£690K
+88.3% vs 2019
Profile
- Company number
- 01846207
- Status
- Active
- Incorporation
- 1984-09-06
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 52290
Net assets
3-year trend · vs UK Logistics & Mobility median
Accounts
3-year trend · latest 2020-12-31
| Metric | Trend | 2019-05-31 | 2019-12-31 | 2020-12-31 |
|---|---|---|---|---|
| Turnover | — | £8,605,559 | £15,414,052 | |
| Operating profit | — | £287,407 | £571,374 | |
| Profit before tax | — | £366,297 | £689,660 | |
| Net profit | — | £335,964 | £571,539 | |
| Cash | — | £728,467 | £944,528 | |
| Total assets less current liabilities | — | £4,092,092 | £4,446,662 | |
| Net assets | — | £4,071,946 | £4,439,601 | |
| Equity | £3,890,338 | £4,071,946 | £4,439,601 | |
| Average employees | — | 54 | 52 | |
| Wages | — | £1,135,942 | £1,742,518 |
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
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “On1 April 2024 the trade and assets of fellow group company Mach II Shipping Limited were transferred across into AIT Worldwide Logistics (UK) Limited.”
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 · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FENNELLY, Raymond Michael | Director | 2018-11-30 | Jun 1970 | American |
| GLEN, Kory Michael | Director | 2018-11-30 | Aug 1976 | American |
| MOORE, William Vaughn | Director | 2018-11-30 | Oct 1970 | American |
| THOLAN, Keith William | Director | 2018-11-30 | Feb 1970 | American |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COTTER, Neil Patrick | Secretary | 2000-08-31 | 2002-03-28 |
| DAWSON, Valerie | Secretary | 1993-04-15 | 2000-08-31 |
| FENNELLY, Raymond Michael | Secretary | 2018-11-30 | 2018-11-30 |
| MACARTY, Rory Alvin | Secretary | 2002-06-01 | 2018-11-30 |
| SPENCER, Janis | Secretary | 2002-03-28 | 2002-06-01 |
| SPENCER, Stephen | Secretary | — | 1993-04-15 |
| DAVISON, Lee Alexander | Director | 2002-06-01 | 2018-11-30 |
| LOVETT, Adam Charles | Director | 2002-06-01 | 2018-11-30 |
| MACARTY, Rory Alvin | Director | 2002-06-01 | 2018-11-30 |
| SPENCER, Alan | Director | — | 2018-11-30 |
| SPENCER, Gladys | Director | — | 1993-04-15 |
| SPENCER, Leslie | Director | — | 1993-04-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ait Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 151 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-16 | AA | accounts | accounts with accounts type full |
| 2026-01-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-02-26 | AA | accounts | accounts with accounts type full |
| 2025-01-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-02-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-01-26 | CH01 | officers | change person director company with change date |
| 2024-01-03 | AA | accounts | accounts with accounts type full |
| 2023-05-24 | AA | accounts | accounts with accounts type full |
| 2023-02-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-12-19 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2022-07-04 | AD01 | address | change registered office address company with date old address new address |
| 2022-01-26 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-11-08 | AA | accounts | accounts with accounts type full |
| 2021-01-29 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-12-22 | AA | accounts | accounts with accounts type full |
| 2020-02-26 | AA | accounts | accounts with accounts type full |
| 2020-02-12 | AA01 | accounts | change account reference date company previous shortened |
| 2020-01-28 | CS01 | confirmation-statement | confirmation statement with updates |
| 2019-04-01 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2019-04-01 | RESOLUTIONS | resolution | resolution |
Credit score
Altman Z″ (private-firm) · reference 2020-12-31
3.10
SAFE
Altman Z″
- Working capital / Total assets 0.336 × 6.56 = +2.20
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.046 × 6.72 = +0.31
- Book equity / Total liabilities 0.562 × 1.05 = +0.59
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