ABRDN EUROPEAN LOGISTICS INCOME PLC
Get an alert when ABRDN EUROPEAN LOGISTICS INCOME PLC files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-07 (in 6mo)
Last made up 2025-10-24
Watchouts
Cash
£22M
+38.5% vs 2023
Net assets
£324M
-2.8% vs 2023
Employees
—
Average over period
Profit before tax
£12M
+112.9% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
At the General Meeting held on 23 July 2024, the proposed revised investment policy for the implementation of a managed wind-down of the Company was overwhelmingly approved by the Company's Shareholders. Given the Company is now in a managed wind-down, the Directors consider it appropriate to adopt a basis other than going concern in preparing the financial statements.
Name history
Renamed 1 time since incorporation
- ABRDN EUROPEAN LOGISTICS INCOME PLC 2022-01-05 → present
- ABERDEEN STANDARD EUROPEAN LOGISTICS INCOME PLC 2017-10-25 → 2022-01-05
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £28,983,183 | £27,304,958 | |
| Operating profit | -£92,532,074 | £19,507,628 | |
| Profit before tax | -£93,961,512 | £12,096,914 | |
| Net profit | -£70,909,327 | £2,626,560 | |
| Cash | £15,656,207 | £21,680,825 | |
| Total assets less current liabilities | — | — | |
| Net assets | £333,675,451 | £324,296,117 | |
| Equity | £333,675,451 | £324,296,117 | |
| Average employees | — | — | |
| Wages | — | — |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -319.3% | 71.4% | |
| Net margin | -244.7% | 9.6% | |
| Gearing (liabilities / total assets) | 44.5% | 43.4% | |
| Current ratio | 3.23x | 10.50x | |
| Interest cover | -13.34x | 2.68x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“At the General Meeting held on 23 July 2024, the proposed revised investment policy for the implementation of a managed wind-down of the Company was overwhelmingly approved by the Company's Shareholders. Given the Company is now in a managed wind-down, the Directors consider it appropriate to adopt a basis other than going concern in preparing the financial statements.”
Group structure
- ABRDN EUROPEAN LOGISTICS INCOME PLC · parent
- PDC Industrial Centre 72 Sp. z o.o. 100%
- PDC Industrial Centre 92 Sp. z o.o. 100%
- Circulus Investments Sp. z o.o. 100%
- ASELI France Holding SAS 100%
- ASELI Leon B.V. 100%
- ASELI Meung SCI 100%
- ASELI Avignon SCI 100%
- ASELI Messageries SCI 100%
- ASELI Niort SCI 100%
- ASELI Ersensee B.V. 100%
- ASELI Netherlands I B.V. 100%
- ASELI Florsheim B.V. 100%
- ASELI Waddinxveen B.V. 100%
- ASELI Madrid Holding S.L.U. 100%
- ASELI Madrid Holding 2 S.L.U. 100%
- ASELI Netherlands II B.V. 100%
- ASELI 's Heerenberg B.V. 100%
- ASELI Den Hoorn B.V. 100%
- ASELI Immobilier SCI 100%
Significant events
- “On 22 January 2025, ASELI Leon B.V. sold the Barcelona and Madrid Calle Rumania warehouses in Spain for €29.7m realising a loss of €0.5m. As at 31 December 2024, the properties were valued at €29.7m (2023: €26.9m). Following completion of sale, €17.7m of loans were repaid to ING Bank and full termination of €17.7m interest rate swaps and caps took place.”
- “Pursuant to the authority received from Shareholders at the general meeting held on 22 November 2024, the Board resolved on 27 February 2025 to return approximately €16.5 million in aggregate to Shareholders via an issue of B Shares.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ABRDN HOLDINGS LIMITED | Corporate Secretary | 2017-11-08 | — | — |
| GULLIVER, Caroline | Director | 2017-11-08 | May 1965 | British |
| HEAWOOD, John Anthony Nicholas | Director | 2017-11-08 | Feb 1953 | British |
| ROPER, Anthony Charles | Director | 2017-11-08 | Dec 1960 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| REED, John Charles | Secretary | 2017-10-25 | 2017-11-08 |
| DUVAL, Pascal | Director | 2017-11-08 | 2019-06-11 |
| HEATHER, Nicholas Roy | Director | 2017-10-25 | 2017-11-08 |
| REED, John Charles | Director | 2017-10-25 | 2017-11-08 |
| WILDE, Diane | Director | 2017-11-08 | 2024-06-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Aberdeen Asset Management Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-10-25 | Active |
Filing timeline
Last 20 of 94 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-10 RESOLUTIONS Resolution
- 2024-12-19 RESOLUTIONS Resolution
- 2024-12-19 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-27 | SH01 | capital | Capital allotment shares | |
| 2026-01-27 | SH02 | capital | Capital alter shares redemption statement of capital | |
| 2026-01-27 | SH01 | capital | Capital allotment shares | |
| 2026-01-27 | SH02 | capital | Capital alter shares redemption statement of capital | |
| 2026-01-27 | SH02 | capital | Capital alter shares redemption statement of capital | |
| 2026-01-27 | SH01 | capital | Capital allotment shares | |
| 2026-01-26 | SH06 | capital | Capital cancellation shares | |
| 2026-01-26 | SH06 | capital | Capital cancellation shares | |
| 2026-01-26 | SH06 | capital | Capital cancellation shares | |
| 2025-10-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-10 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-12 | SH01 | capital | Capital allotment shares | |
| 2025-05-09 | SH02 | capital | Capital alter shares redemption statement of capital | |
| 2025-05-07 | AA | accounts | Accounts with accounts type group | |
| 2025-05-07 | SH06 | capital | Capital cancellation shares | |
| 2024-12-19 | AA | accounts | Accounts with accounts type interim | |
| 2024-12-19 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-19 | MA | incorporation | Memorandum articles | |
| 2024-10-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-03 | SH19 | capital | Capital statement capital company with date currency figure |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 15
- Capital events
- 13
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-5.8%
£28,983,183 £27,304,958
-
Cash
+38.5%
£15,656,207 £21,680,825
-
Net assets
-2.8%
£333,675,451 £324,296,117
-
Employees
—
Not reported
-
Operating profit
+121.1%
-£92,532,074 £19,507,628
-
Profit before tax
+112.9%
-£93,961,512 £12,096,914
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers