GLOBELINK FALLOW LIMITED

1. GLOBELINK FALLOW LIMITED 2012-02-20 → present
2. FALLOW INTERNATIONAL FREIGHT LIMITED 1989-06-06 → 2012-02-20
3. FRIEZLAND LIMITED 1989-02-22 → 1989-06-06

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

Moore Kingston Smith 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 twelve months from when the financial statements are authorised for issue.”

Significant events

• “The potential effects of worldwide economic volatility are always a threat but in such conditions as shipment size often reduces from Full Loads to LCL (Less Container Load) which is our speciality. Continued cost of living instability will bring pressure to costs, sales and staff; however, indicators are that this will reduce within the coming year. Uncertainty still surrounds the war in Ukraine, rising fuel costs across our industry are changing regularly, however we are keeping up with the change and passing on cost (as a percentage of sale) in real time.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +7.7%

  £19,120,290 → £20,592,401

• Cash

  -53.1%

  £2,755,016 → £1,291,016

• Net assets

  -49.7%

  £2,905,631 → £1,461,593

• Employees

  -7.1%

  56 → 52

• Operating profit

  +32.9%

  £644,544 → £856,913

• Profit before tax

  +31.3%

  £667,020 → £876,058

• Wages

  -3.1%

  £2,026,743 → £1,963,489

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