UK Companies House feature
OLAM STORAGE AND DISTRIBUTION LIMITED
Cash
£355K
-18.5% vs 2021
Net assets
£649K
-1.5% vs 2021
Employees
13
+8.3% vs 2021
Profit before tax
—
Period ending 2022-12-31
Profile
- Company number
- 05597175
- Status
- Active
- Incorporation
- 2005-10-19
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 52290
Net assets
2-year trend · vs UK Logistics & Mobility median
Accounts
2-year trend · latest 2022-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | — | — | |
| Cash | £435,868 | £355,318 | |
| Total assets less current liabilities | £658,489 | £652,228 | |
| Net assets | £658,489 | £648,932 | |
| Equity | £658,489 | £648,932 | |
| Average employees | 12 | 13 | |
| Wages | — | — |
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
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“After the end of the Financial Year, the Directors of the company announced their intention to cease operations. Preparations will be made to decommission the company's depot, and the assets will then be disposed of in an orderly fashion, a process that is expected to take several months. Olam Europe Ltd, the company's parent, has agreed to support the company throughout this period to ensure that all external creditors are paid. In these circumstances it is not appropriate to prepare the financial statements on a going concern basis.”
Significant events
- “The company has made the decision to cease trading September 2025. Continuing volatility within the transport market and ever-increasing costs have added the need for further, continued liquidity support through intercompany debt which is not sustainable within the current and future transport market.”
- “The directors made the decision in 2025 to cease all trading of the company. This cessation of trade took place 30 September 2025. The market in which the company continued to operate has remained volatile with costs continuing to rise, making them difficult to recover and remain as a going concern.”
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
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HASLEGRAVE, Ian Peter | Secretary | 2022-09-23 | — | — |
| MOERDIJK, Dirk | Director | 2023-06-30 | Apr 1978 | Dutch |
| VASHISTA, Manoj Kumar | Director | 2023-06-30 | Apr 1976 | Indian |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SAMUEL, Andrew Richard | Secretary | 2006-06-22 | 2021-12-14 |
| ROLLITS COMPANY SECRETARIES LIMITED | Corporate Secretary | 2005-10-19 | 2006-06-22 |
| KALRA, Rishi | Director | 2011-01-28 | 2017-03-09 |
| MANLEY, Gerard | Director | 2011-01-28 | 2023-06-30 |
| NASH, Philip John | Director | 2006-06-22 | 2011-01-28 |
| RANKIN, Geoffrey Nigel | Director | 2014-11-01 | 2020-02-24 |
| RANKIN, Geoffrey Nigel | Director | 2006-06-22 | 2011-01-28 |
| SAMUEL, Andrew Richard | Director | 2011-01-28 | 2021-12-14 |
| ROLLITS COMPANY FORMATIONS LIMITED | Corporate Director | 2005-10-19 | 2006-06-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Olam Europe Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 73 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-16 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-10-23 | AA | accounts | accounts with accounts type full |
| 2025-09-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-12-23 | AA | accounts | accounts with accounts type full |
| 2024-10-21 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-04-05 | AAMD | accounts | accounts amended with accounts type full |
| 2024-01-24 | AA | accounts | accounts with accounts type unaudited abridged |
| 2023-10-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-06-30 | TM01 | officers | termination director company with name termination date |
| 2023-06-30 | AP01 | officers | appoint person director company with name date |
| 2023-06-30 | AP01 | officers | appoint person director company with name date |
| 2023-04-11 | AA | accounts | accounts with accounts type full |
| 2022-10-20 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-09-23 | AP03 | officers | appoint person secretary company with name date |
| 2022-09-23 | AD01 | address | change registered office address company with date old address new address |
| 2022-02-03 | AA | accounts | accounts with accounts type full |
| 2021-12-20 | TM01 | officers | termination director company with name termination date |
| 2021-12-20 | TM02 | officers | termination secretary company with name termination date |
| 2021-10-21 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-12-30 | AA | accounts | accounts with accounts type full |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory