THE ALTERNATIVE PARCELS COMPANY LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-10-05 (in 5mo)
Last made up 2025-09-21
Watchouts
Cash
£7M
-3.4% vs 2024
Net assets
£55M
+13.3% vs 2024
Employees
751
-2.1% vs 2024
Profit before tax
£8M
-0.9% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 1 time since incorporation
- THE ALTERNATIVE PARCELS COMPANY LIMITED 1993-11-08 → present
- DIALMODE (124) LIMITED 1993-09-22 → 1993-11-08
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £126,087,940 | £127,589,260 | |
| Operating profit | £7,064,996 | £7,315,859 | |
| Profit before tax | £7,731,887 | £7,658,975 | |
| Net profit | £5,902,993 | £6,478,752 | |
| Cash | £6,740,414 | £6,507,978 | |
| Total assets less current liabilities | £50,950,155 | £57,707,053 | |
| Net assets | £48,880,237 | £55,358,989 | |
| Equity | £48,880,237 | £55,358,989 | |
| Average employees | 767 | 751 | |
| Wages | £18,651,775 | £17,764,969 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 5.6% | 5.7% | |
| Net margin | 4.7% | 5.1% | |
| Return on capital employed | 13.9% | 12.7% | |
| Current ratio | 2.82x | 3.41x |
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
- BDO 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. Whilst the Directors note the possible impact of the UK economy on future activities and cash flows this is not considered to give rise to a material uncertainty given the factors noted above and the currently available cash balances and committed facilities On this basis the Directors consider that it is appropriate to prepare the financial statements on the going concern basis”
Group structure
- THE ALTERNATIVE PARCELS COMPANY LIMITED · parent
- APC Overnight Limited 100%
Significant events
- “In 2024, The Alternative Parcels Company Limited ('The APC') celebrated its 30th anniversary, marking three decades as the UK's largest independent delivery network.”
- “From 18 July 2025 we are pleased to announce that The Alternative Parcels Company Topco 2023 Limited group has a revised ownership structure. The new ownership is formed of APC Holdco Limited, DBAY Advisors Limited and investors, who hold a 78.32% majority stake in The Alternative Parcels Company Topco 2023 Limited group.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 38 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CRITCHLOW, David John | Director | 2026-01-27 | Oct 1975 | British |
| EVANS, Andrew Forrester | Director | 2026-01-27 | Jul 1957 | British |
| FLETCHER, Mark Robert | Director | 2014-01-17 | Jun 1979 | British |
| MCINTYRE, Graeme | Director | 2026-01-27 | Oct 1973 | British |
| STOBART, William | Director | 2025-07-18 | Nov 1961 | British |
| TAYLOR, Andrew Joseph | Director | 2015-09-08 | Mar 1953 | British |
Show 38 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FLETCHER, Mark Robert | Secretary | 2014-09-23 | 2025-07-18 |
| HUDSON, Alan Edmund Wilchen | Secretary | 1998-07-01 | 2001-12-04 |
| MITCHELL, Alison Louise | Secretary | 2001-12-04 | 2002-03-31 |
| SKINNER, Ivor George | Secretary | 2002-03-31 | 2014-09-22 |
| STEELE, Dennis Michael | Secretary | — | 1995-10-28 |
| WATSON, John | Secretary | 1997-06-14 | 1998-07-02 |
| DIALMODE SECRETARIES LIMITED | Corporate Nominee Secretary | 1993-09-22 | 1993-11-02 |
| ABEL, Robert Quentin | Director | 1993-11-02 | 2016-05-23 |
| BARBER, Jonathan James | Director | 2013-05-13 | 2020-09-01 |
| BARBER, Jonathan James | Director | 2008-01-14 | 2011-10-17 |
| BIRKETT, Maurice Hylton | Director | 1999-07-10 | 2001-11-26 |
| BROWN, Karl | Director | 2011-10-17 | 2015-06-30 |
| CLEMENTS, Tim Peter | Director | 2016-05-23 | 2020-06-30 |
| CUSWORTH, Nicholas John | Director | 2013-10-21 | 2020-09-01 |
| DAVIES, Christopher John | Director | 2013-08-27 | 2014-08-26 |
| EVANS, Andrew Forrester | Director | 2016-05-23 | 2020-09-01 |
| FRIERY, Vincent Joseph | Director | 2001-11-26 | 2008-01-14 |
| GEE, Anthony David | Director | 2001-11-26 | 2006-09-18 |
| GEE, Kerry Ann | Director | 2017-08-01 | 2018-05-22 |
| GEE, Philip Stephen | Director | 2015-02-23 | 2017-05-21 |
| GRACE, Ashley Brian | Director | 1998-01-13 | 1999-07-10 |
| GRIFFITHS, Paul David | Director | 2014-09-22 | 2015-08-19 |
| GRIFFITHS, Paul David | Director | 2006-09-18 | 2012-10-22 |
| HOWARD, Richard Thomas | Director | 1995-11-01 | 1999-07-10 |
| LANGLEY, William Bernard | Director | — | 1999-01-26 |
| LERIN, Margarita Claire | Director | 2018-06-01 | 2020-09-01 |
| MILNE, Gordon Henry | Director | 1999-01-26 | 2001-08-21 |
| PULLAR, Henry | Director | 1994-03-01 | 1997-06-21 |
| RANN, Colin James | Director | 2016-05-23 | 2026-01-17 |
| ROLLINS, Graham Ernest | Director | 2000-08-21 | 2001-11-26 |
| RUSSELL, Martin John | Director | 2012-10-22 | 2013-03-18 |
| SKINNER, Ivor George | Director | 1999-07-10 | 2014-09-22 |
| SMITH, Jonathan Mark | Director | 2015-04-16 | 2025-07-18 |
| STEELE, Dennis Michael | Director | — | 1995-10-28 |
| TAYLOR, Nicholas Austin | Director | 2001-08-21 | 2008-01-14 |
| WATSON, John | Director | — | 2000-08-21 |
| ZIAULLAH, Syed | Director | 2008-01-14 | 2013-10-21 |
| SUNLIGHT HOUSE NOMINEES LIMITED | Corporate Nominee Director | 1993-09-22 | 1993-11-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Alternative Parcels Company Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-03-03 | Active |
Filing timeline
Last 20 of 252 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-25 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-25 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-25 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-30 | AA | accounts | Accounts with accounts type full | |
| 2026-01-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-23 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-03-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-03-17 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2024-12-17 | AA | accounts | Accounts with accounts type full | |
| 2024-09-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-24 | AA | accounts | Accounts with accounts type full | |
| 2023-11-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-11-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-19 | AA | accounts | Accounts with accounts type full | |
| 2022-11-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-17 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 3
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 2025-03-31 vs 2024-03-31
-
Turnover
+1.2%
£126,087,940 £127,589,260
-
Cash
-3.4%
£6,740,414 £6,507,978
-
Net assets
+13.3%
£48,880,237 £55,358,989
-
Employees
-2.1%
767 751
-
Operating profit
+3.6%
£7,064,996 £7,315,859
-
Profit before tax
-0.9%
£7,731,887 £7,658,975
-
Wages
-4.8%
£18,651,775 £17,764,969
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