BANKS & LLOYD (SHIPPING) LIMITED

1. BANKS & LLOYD (SHIPPING) LIMITED 1995-09-01 → present
2. BANKS & LLOYD (HOLDINGS) LIMITED 1995-08-04 → 1995-09-01

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

Langricks (Holmfirth) Limited, Statutory Auditors

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. Based on these assessments and the current resources available, the Directors have concluded that they can continue to adopt the going concern basis in preparing the annual reports and accounts.”

Group structure

1. BANKS & LLOYD (SHIPPING) LIMITED · parent
   1. BL International Logistics and Shipping SL 100% · Spain · Worldwide freight forwarders

Significant events

• “Information relating to events since the end of the year is given in the notes to the financial statements.”
• “On 6 December 2024 the group was restructured, and BLB Freight Limited became the ultimate parent undertaking. The restructure resulted in the company providing a loan to the parent company amounting to £2,253,610, of which £648,000 was paid out of current cash balances and £1,500,000 from a new bank loan which is repayable over four years.”

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

1

last 12 months

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

• Turnover

  +10.3%

  £39,562,802 → £43,623,175

• Cash

  -9.6%

  £4,264,137 → £3,854,378

• Net assets

  +3.6%

  £5,820,175 → £6,030,579

• Employees

  -8%

  50 → 46

• Operating profit

  -21.5%

  £1,032,251 → £810,043

  lowest in 5 filed years

• Profit before tax

  -18.7%

  £1,028,065 → £835,653

  lowest in 4 filed years

• Wages

  +0.2%

  £1,878,774 → £1,882,710

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