COSCO SHIPPING (UK) COMPANY LIMITED

1. COSCO SHIPPING (UK) COMPANY LIMITED 2017-07-06 → present
2. COSCO (UK) LIMITED 1989-02-16 → 2017-07-06
3. COS-HO SHIPPING AGENCIES LIMITED 1988-02-02 → 1989-02-16

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

Consolidated group

Auditor

Blick Rothenberg Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After reviewing the group's financial position, cash flow forecasts and operational commitments, the directors consider that there are no material uncertainties that would cast doubt on the group's ability to continue as a going concern. The group remains financially stable, supported by secure charter income, long-standing customer relationships and a resilient logistics network.”

Group structure

1. COSCO SHIPPING (UK) COMPANY LIMITED · parent
   1. Felixstowe Port Container Services Limited 0.49% · England · Repair and storage of containers
   2. Cosco Shipping Bulk (UK) Company Limited 0.4% · England · Lease of vessels
   3. Cosco Shipping Holding Europe Supply Chain A.E. 0.49% · Greece · Provision of integrated logistics and supply chain services
   4. Cosco Shipholdings (UK) Limited 1% · England · Charter of vessels
   5. Cosco Shipping Crystal Logistics (UK) Company Ltd 1% · England · Freight forwarding

Significant events

• “In light of the recent and ongoing conflict in the Middle East, the directors are monitoring the situation closely, however, the potential financial impact is currently uncertain and cannot be reliably estimated. The group is well organised to deal with any financial impact.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +41.4%

  £55,439,684 → £78,384,621

• Cash

  +1.9%

  £1,778,714 → £1,811,824

• Net assets

  +36.6%

  £85,689,555 → £117,058,345

• Employees

  +8.9%

  56 → 61

• Operating profit

  +123.1%

  £16,832,687 → £37,548,797

• Profit before tax

  +119.9%

  £17,933,716 → £39,435,362

• Wages

  +9.3%

  £2,875,168 → £3,143,711

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