P.G.S. GLOBAL LOGISTICS LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. P.G.S. GLOBAL LOGISTICS LIMITED 2011-07-05 → present
2. P.G.S. (BIRMINGHAM) LIMITED 1997-12-08 → 2011-07-05

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

Dains Audit 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

• “Over the past several years, PGS Global has taken a series of strategic steps to maximise efficiency and unlock growth potential. By consolidating our operations into two main sites, we have successfully filled our new 80,000 sq. ft. facility in West Bromwich, which also serves as a key logistics hub.”
• “The investment in these facilities provides a strong platform for sustained growth, strategically located in the Midlands close to our network hubs.”
• “The installation of solar panels, supported by our 500kW battery storage system, enables the warehouse to run on renewable energy for up to 80% of the year.”
• “This blend of efficiency and sustainability is further reflected in our modern fleet, from electric vans through to our fully electric articulated lorry, ensuring that PGS remains at the forefront of sustainable logistics.”
• “upcoming launch of our new all-in-one customer portal”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +5.4%

  £25,983,793 → £27,386,500

• Cash

  +27.3%

  £182,557 → £232,420

• Net assets

  +9.5%

  £5,034,536 → £5,513,598

• Employees

  -5.2%

  194 → 184

• Operating profit

  -10.6%

  £1,407,819 → £1,258,507

• Profit before tax

  -17.7%

  £1,265,788 → £1,041,830

• Wages

  +1.9%

  £5,731,437 → £5,840,885

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