CAROUSEL LOGISTICS LIMITED
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Next accounts due
2026-03-31
Overdue
Confirmation statement due
2026-09-23 (in 4mo)
Last made up 2025-09-09
Watchouts
Cash
£131K
-92.1% lowest in 3 filed years
Net assets
£21M
+26.8% highest in 3 filed years
Employees
150
+4.2% highest in 3 filed years
Profit before tax
£5M
-12.1% vs 2022
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2026-03-31.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2023-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Turnover | — | £33,788,994 | £38,573,342 | |
| Operating profit | — | £6,593,912 | £5,731,228 | |
| Profit before tax | £4,956,472 | £6,228,583 | £5,476,379 | |
| Net profit | £4,185,116 | £5,212,509 | £4,467,201 | |
| Cash | £382,253 | £1,662,171 | £130,614 | |
| Total assets less current liabilities | £25,107,011 | £16,746,443 | £21,190,789 | |
| Net assets | £11,479,747 | £16,692,256 | £21,159,457 | |
| Equity | £11,479,747 | £16,692,256 | £21,159,457 | |
| Average employees | 142 | 144 | 150 | |
| Wages | £6,256,174 | £6,126,820 | £6,419,116 |
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 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Operating margin | — | 19.5% | 14.9% | |
| Net margin | — | 15.4% | 11.6% | |
| Return on capital employed | — | 39.4% | 27.0% | |
| Current ratio | — | 1.26x | 1.57x | |
| Interest cover | — | 11.74x | 1183.89x |
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
- Lopian Gross Barnett & Co
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have a reasonable expectation that Carousel Logistics Limited, a wholly owned subsidiary of Carousel Logist cs Holdings Limited, as a whole has adequate resources to continue in operational existence for the foreseeable future.”
Group structure
- CAROUSEL LOGISTICS LIMITED · parent
- Carousel Logistics Ireland Limited 100%
- BDA NightExpress Limited 100%
- Carousel Logistics B.V 100%
- NightExpress Luftverkehrsgesellschaft 100%
Significant events
- “On 10 July 2024, the company acquired 100% of the share capital of Logik Group Limited and its subsidiary Logik Logistics Limited.”
- “In order to finance the purchase of Logik Group Limited, Carousel Logistics Limited borrowed £8,865,827 from the parent company AX VI INV5 Holding ApS on 24 July 2024. This is a 7 year loan with an interest rate of the aggregate of (a) CIBOR1 3 months (capped at 0% if negative), plus; (b) a margin of 4.35 per cent. per annum.”
- “On 28 June 2024 Carousel Logistics Limited directly acquired the share capital BDA Night express Limited, a subsidiary that was formerly held indirectly. On 28 June 2024, BDA Night express Limited transferred its trade and assets to the company and became dormant.”
- “On 7 May 2024 there was a purchase of business and assets of BST Transport & Warehousing Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LOWERY, Andrew Peter | Director | 2022-06-21 | Jun 1961 | British |
| RYSSEL, Lars | Director | 2022-06-21 | May 1973 | German |
| SINCLAIR, Helen Jane Elizabeth | Director | 2025-08-22 | Jun 1977 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MARTIN, Graham Andrew | Secretary | — | 2013-12-20 |
| CORDT, Lars | Director | 2022-02-28 | 2022-06-21 |
| FRASER, Sean Thomas | Director | 2009-04-06 | 2014-09-18 |
| GONGE, Soren Byder | Director | 2022-02-28 | 2022-06-21 |
| GRIFFITHS, Morton Paul | Director | 2015-07-31 | 2020-03-27 |
| MARCER, Adam John, Mr. | Director | 2022-06-21 | 2024-01-24 |
| MARCER, Adam John, Mr. | Director | 2022-02-28 | 2022-02-28 |
| MARTIN, Graham Andrew | Director | — | 2022-02-28 |
| MARTIN, Maureen Ann | Director | — | 2010-05-28 |
| MARTIN, Michael Patrick | Director | — | 2022-02-28 |
| MARTIN, Michael James | Director | — | 2010-05-28 |
| MARTIN, Peter James | Director | — | 1997-05-28 |
| OVENDEN, Andrew Richard | Director | 2009-04-06 | 2015-07-31 |
| RYSSEL, Lars | Director | 2022-02-28 | 2022-02-28 |
| SCHMIDT-JACOBSEN, Christian Gymos | Director | 2022-02-28 | 2022-06-21 |
| SIMPSON-DENT, Jonathan Andrew | Director | 2022-02-28 | 2022-06-21 |
| SIMPSON-DENT, Jonathan Andrew | Director | 2020-09-01 | 2022-02-28 |
| WADE, Matthew James | Director | 2024-01-24 | 2025-08-22 |
| WARD, Nigel James | Director | 2020-03-27 | 2022-02-28 |
| WEIR, Edward Kenneth | Director | 2009-04-06 | 2020-03-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Carousel Logistics Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 218 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-31 | AA01 | accounts | Change account reference date company current shortened | |
| 2025-09-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-29 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-29 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-09-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-09-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-29 | SH01 | capital | Capital allotment shares | |
| 2024-01-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-25 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-29 | AA | accounts | Accounts with accounts type full | |
| 2023-10-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-09-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-04-28 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 1
- Officers appointed
- 1
- Officers resigned
- 1
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
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
-
Turnover
+14.2%
£33,788,994 £38,573,342
-
Cash
-92.1%
£1,662,171 £130,614
lowest in 3 filed years
-
Net assets
+26.8%
£16,692,256 £21,159,457
highest in 3 filed years
-
Employees
+4.2%
144 150
highest in 3 filed years
-
Operating profit
-13.1%
£6,593,912 £5,731,228
-
Profit before tax
-12.1%
£6,228,583 £5,476,379
-
Wages
+4.8%
£6,126,820 £6,419,116
highest in 3 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