UK Companies House feature
ECU WORLDWIDE (UK) LIMITED
Cash
£100K
-8.5% vs 2020
Net assets
£834K
-27.7% vs 2020
Employees
68
-4.2% vs 2020
Profit before tax
£7M
+303% vs 2020
Profile
- Company number
- 02862064
- Status
- Active
- Incorporation
- 1993-10-08
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 50200
Net assets
4-year trend · vs UK Logistics & Mobility median
Accounts
4-year trend · latest 2021-12-31
| Metric | Trend | 2019-03-31 | 2020-03-31 | 2020-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £28,755,104 | £71,214,394 | |
| Operating profit | — | — | £1,789,855 | £7,219,502 | |
| Profit before tax | — | — | £1,796,597 | £7,240,551 | |
| Net profit | — | — | £1,453,188 | £5,852,506 | |
| Cash | — | — | £109,334 | £100,002 | |
| Total assets less current liabilities | — | — | £1,162,339 | £842,567 | |
| Net assets | — | — | £1,153,287 | £833,515 | |
| Equity | £977,926 | £1,509,816 | £1,153,287 | £833,515 | |
| Average employees | — | — | 71 | 68 | |
| Wages | — | — | £1,778,494 | £2,890,990 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Cooper Parry Group Limited
- 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
- “An Improved Turnover for 2024 was centred around the increased Shipping Costs at the end of Q1 due to the Red Sea Impact ultimately leading to improved yield for both Export and Import in Q2 and Q3 results.”
- “As the year went on the prices once again started to drop therefore reducing the margins in Q4.”
- “Import Volumes were up by 10% on the previous year”
- “Our main warehouse went into administration in Feb 2024 and the real impact for us was our costs increased for a short period Feb and March whilst the new Provider obtained the relevant licences for our Import containers to be unpacked.”
- “Exports had minimal affect after the warehouse had ceased operations and we had very smooth transition to the new provider.”
- “Market is in a downward trend as we go into Q1 Shipping line prices are back to pre-covid levels therefore we expect the margins to fall and to combat this we will be looking at niche markets where ECU can develop with the use of network in areas where competitors are not as strong.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
2 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAJADA, Simon | Director | 2025-06-06 | May 1964 | Maltese |
| HALL, James Darren | Director | 2014-11-25 | May 1965 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FORFAR, Ian Charles | Secretary | 2000-09-25 | 2001-12-07 |
| HEATHCOCK, Andrew Edward | Secretary | 1993-10-08 | 1993-10-08 |
| MCCARTHY, Michael John | Secretary | 1993-10-08 | 2000-09-25 |
| NAZIR, Saleem Mohamed | Secretary | 2002-06-20 | 2008-04-09 |
| ROWE, Laura | Secretary | 2019-09-11 | 2025-06-06 |
| BANSAL, Mohinder Pal | Director | 2006-09-30 | 2008-09-30 |
| CHOKSHI, Jatin Jayantilal | Director | 2013-03-19 | 2015-06-18 |
| MCCARTHY, Ian David | Director | 2014-11-25 | 2021-05-01 |
| MCCARTHY, Michael John | Director | 1993-10-08 | 2004-10-18 |
| NIGHTINGALE, Paul | Director | 2014-11-25 | 2018-12-31 |
| NOYCE, Robert John William | Director | 1993-10-08 | 1996-08-09 |
| PEARSON, James William Thomas | Director | 2004-10-18 | 2017-06-30 |
| ROWE, Laura | Director | 2014-11-25 | 2025-06-06 |
| SHETTY, Shashi Kiran | Director | 2006-09-30 | 2013-03-19 |
| SIVARAMAKRISHNAN, Suryanarayanan | Director | 2008-09-30 | 2015-06-18 |
| VAN ACHTEREN, Raymond Michel | Director | 1993-12-16 | 2007-03-20 |
| VAN LOOVEREN, Marc Ida Joseph | Director | 1993-12-16 | 2007-03-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ecu Hold Nv | Corporate entity | Shares 75–100%, Voting 75–100% | 2021-04-23 | Active |
| Mr Shashi Kiran Shetty | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2021-04-23 |
Filing timeline
Last 20 of 148 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-18 | CH01 | officers | change person director company with change date |
| 2025-12-11 | AP01 | officers | appoint person director company with name date |
| 2025-12-11 | TM01 | officers | termination director company with name termination date |
| 2025-12-11 | TM02 | officers | termination secretary company with name termination date |
| 2025-10-01 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-09-17 | AA | accounts | accounts with accounts type full |
| 2024-10-11 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-08-12 | AA | accounts | accounts with accounts type full |
| 2023-10-18 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-06-30 | AA | accounts | accounts with accounts type full |
| 2023-01-26 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-01-24 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-01-24 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-01-24 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-01-24 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2022-10-14 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-10-13 | CH01 | officers | change person director company with change date |
| 2022-08-17 | CH03 | officers | change person secretary company with change date |
| 2022-08-17 | CH01 | officers | change person director company with change date |
| 2022-05-24 | AA | accounts | accounts with accounts type full |
Credit score
Altman Z″ (private-firm) · reference 2021-12-31
3.11
SAFE
Altman Z″
- Working capital / Total assets 0.045 × 6.56 = +0.29
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.412 × 6.72 = +2.77
- Book equity / Total liabilities 0.050 × 1.05 = +0.05
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory