AIT WORLDWIDE LOGISTICS (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-09 (in 9mo)
Last made up 2026-01-26
Watchouts
None on the register
Cash
£4M
-26.9% vs 2023
Net assets
£12M
+8.8% highest in 4 filed years
Employees
142
+51.1% highest in 4 filed years
Profit before tax
£1M
+50.8% highest in 4 filed years
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-05-31 | 2019-12-31 | 2020-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | £8,605,559 | £15,414,052 | £24,921,131 | £45,783,082 | |
| Operating profit | — | £287,407 | £571,374 | £584,603 | £1,091,148 | |
| Profit before tax | — | £366,297 | £689,660 | £907,035 | £1,367,986 | |
| Net profit | — | £335,964 | £571,539 | £738,416 | £965,812 | |
| Cash | — | £728,467 | £944,528 | £5,850,928 | £4,274,444 | |
| Total assets less current liabilities | — | £4,092,092 | £4,446,662 | £10,943,075 | £11,908,887 | |
| Net assets | — | £4,071,946 | £4,439,601 | £10,943,075 | £11,908,887 | |
| Equity | £3,890,338 | £4,071,946 | £4,439,601 | £10,943,075 | £11,908,887 | |
| Average employees | — | 54 | 52 | 94 | 142 | |
| Wages | — | £1,135,942 | £1,742,518 | £4,313,408 | £6,545,068 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-05-31 | 2019-12-31 | 2020-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | 3.3% | 3.7% | 2.3% | 2.4% | |
| Net margin | — | 3.9% | 3.7% | 3.0% | 2.1% | |
| Return on capital employed | — | 7.0% | 12.8% | 5.3% | 9.2% | |
| Gearing (liabilities / total assets) | — | — | — | 41.1% | 55.8% | |
| Current ratio | — | — | — | 2.39x | 1.77x | |
| Interest cover | — | 17.46x | 19.53x | — | — |
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.
Audit & accounting basis
- 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 and subsidiary information is drawn from the narrative of the latest annual accounts. 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+83.7%
£24,921,131 £45,783,082
highest in 4 filed years
-
Cash
-26.9%
£5,850,928 £4,274,444
-
Net assets
+8.8%
£10,943,075 £11,908,887
highest in 4 filed years
-
Employees
+51.1%
94 142
highest in 4 filed years
-
Operating profit
+86.6%
£584,603 £1,091,148
highest in 4 filed years
-
Profit before tax
+50.8%
£907,035 £1,367,986
highest in 4 filed years
-
Wages
+51.7%
£4,313,408 £6,545,068
highest in 4 filed years
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