WORLD COURIER MANAGEMENT LIMITED
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Next accounts due
2027-06-30 (in 1y)
Last filed for 2025-09-30
Confirmation statement due
2026-07-02 (in 2mo)
Last made up 2025-06-18
Watchouts
None on the register
Cash
£10M
-84.7% vs 2024
Net assets
£300M
-16.2% vs 2024
Employees
93
-5.1% vs 2024
Profit before tax
£85M
-18.4% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-09-30
| Metric | Trend | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Turnover | £440,777,741 | £410,899,722 | |
| Operating profit | £96,711,280 | £77,262,207 | |
| Profit before tax | £103,818,572 | £84,701,126 | |
| Net profit | £77,459,236 | £69,552,182 | |
| Cash | £65,832,932 | £10,086,705 | |
| Total assets less current liabilities | £360,089,041 | £303,728,293 | |
| Net assets | £358,071,722 | £300,222,907 | |
| Equity | — | — | |
| Average employees | 98 | 93 | |
| Wages | £9,548,653 | £9,139,835 |
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 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Operating margin | 21.9% | 18.8% | |
| Net margin | 17.6% | 16.9% | |
| Return on capital employed | 26.9% | 25.4% | |
| Gearing (liabilities / total assets) | 48.9% | 52.7% | |
| Current ratio | 1.78x | 1.57x | |
| Interest cover | 34465.89x | 947.91x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have assessed going concern for the company and wider global group for at least 12 months from the date of signing of the financial statements and have prepared the accounts on a going concern basis. The directors have assessed in the company and the group to which the entity belongs the effects of the global market for speciality pharmaceutical logistics as well as competition, price, tariffs, and cost inflation and related factors on both the business globally and any specific factors relating to the company as well as geo-political factors impacting the global logistics environment in the current and upcoming financial year as part of the budgeting and forecasting process.”
Group structure
- WORLD COURIER MANAGEMENT LIMITED · parent
- World Courier Greece Limited 88.3%
- AB Global Pharma GmbH 25.5%
- World Courier Lithuania UAB 100%
- World Courier Sweden AB 100%
- World Courier Denmark A/S 100%
- World Courier Finland Oy 100%
- World Courier Norway AS 100%
- World Courier New Zealand Limited 100%
- World Courier Singapore Pte Limited 100%
- World Courier Kenya 100%
Significant events
- “During the year, the company transferred its entire interest in Aerolink GmbH to AB Global Pharma GmBH a group company. The disposal resulted in consideration of £23.8 million and a gain on disposal of £22.3 million, which has been recognized in the company's statement of profit or loss.”
- “On 09 September 2025, the company invested £23.8 million in AB Global Pharma GmbH, a company incorporated in Germany as consideration for the transfer of Aerolink GmbH.”
- “The company declared and paid dividends of £180m on 19 November 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BENDAVID, Laurent, Mr. | Director | 2025-03-17 | May 1970 | French |
| RIVAS CORTES, Pablo | Director | 2024-11-11 | Feb 1972 | Spanish |
| ROSSI, Santiago Emilio, Mr. | Director | 2025-03-17 | Sep 1982 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVEY, Carolyn Vanessa Mary | Secretary | 2016-02-17 | 2025-04-01 |
| GRAEME, Dorothy May | Nominee Secretary | 1991-07-10 | 1991-07-10 |
| RAHMATULLAH, Faisal Ibrahim | Secretary | 2013-02-01 | 2016-02-17 |
| WILLSHER, Anthony Gordon | Secretary | 1991-07-10 | 2013-02-01 |
| ANSPACH, Gregory Stephen | Director | 2013-02-01 | 2017-02-06 |
| BERGER, Frances Holmes | Director | 1991-07-10 | 2012-04-11 |
| BERGER, James Robert | Director | 1991-07-16 | 2012-04-11 |
| BUTLER, John Carl | Director | 2013-02-01 | 2017-02-06 |
| DAVEY, Carolyn Vanessa Mary | Director | 2019-01-10 | 2025-04-01 |
| DAVIES, Mervyn Goronwy | Director | 2010-10-11 | 2013-02-01 |
| DIEPEN, Frits | Director | 1991-07-16 | 1997-05-05 |
| GRAEME, Lesley Joyce | Nominee Director | 1991-07-10 | 1991-07-10 |
| GUITE, Alexander David John, Mr. | Director | 2024-07-10 | 2025-09-15 |
| HANBURY, Trevor Paul | Director | 2016-02-17 | 2024-11-11 |
| HERBERT, Samuel Gordon | Director | 2016-02-17 | 2020-02-26 |
| HEYLAND, Wayne Bernard | Director | 1991-07-16 | 2013-01-01 |
| PORTER, Nicholas Greaves | Director | 2022-05-19 | 2024-11-11 |
| TEIXEIRA, Rafael Kosa | Director | 2021-08-06 | 2023-03-31 |
| WILLSHER, Anthony Gordon | Director | 1991-07-10 | 2013-01-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| W.C. International Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 126 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-27 | AA | accounts | Accounts with accounts type full | |
| 2025-09-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-18 | AA | accounts | Accounts with accounts type full | |
| 2024-11-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-20 | AA | accounts | Accounts with accounts type full | |
| 2023-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-06 | AA | accounts | Accounts with accounts type full | |
| 2023-04-11 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-31 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- 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
FY2024 → FY2025 · period ending 2025-09-30 vs 2024-09-30
-
Turnover
-6.8%
£440,777,741 £410,899,722
-
Cash
-84.7%
£65,832,932 £10,086,705
-
Net assets
-16.2%
£358,071,722 £300,222,907
-
Employees
-5.1%
98 93
-
Operating profit
-20.1%
£96,711,280 £77,262,207
-
Profit before tax
-18.4%
£103,818,572 £84,701,126
-
Wages
-4.3%
£9,548,653 £9,139,835
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers