DENHOLM GLOBAL LOGISTICS LIMITED

• ⚠

  Material uncertainty over going concern

  As a result, the Directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Therefore, the Directors have prepared the financial statements on a basis other than going concern.

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As a result, the Directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Therefore, the Directors have prepared the financial statements on a basis other than going concern.”

Significant events

• “Denholm Good Logistics Limited (formerly John Good Logistics Limited), a fellow group company, acquired 100% of the issued share capital of the company from J.&J. Denholm Limited, the ultimate parent company, on 1 May 2023.”
• “On 1 January 2024, the trade and assets of Denholm Global Logistics Limited with a net book value of £6,220,000, were transferred to Denholm Good Logistics Limited as part of the directors strategic objective to build and develop the business as a market leader in the logistics industry. The remaining activity relates to a freight forwarding operation in Dublin, Ireland.”

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

0

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

  -97.6%

  £83,088,949 → £1,968,528

• Cash

  -89.9%

  £1,210,648 → £122,863

• Net assets

  +0.3%

  £6,226,350 → £6,244,540

• Employees

  -97.1%

  105 → 3

• Operating profit

  -99.6%

  £5,827,422 → £24,518

• Profit before tax

  -99.6%

  £6,643,290 → £24,518

• Wages

  -96.3%

  £4,277,383 → £157,605

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