ANGLO BARINTHUS SHIPPING LIMITED

Company number

11057224

Status

Active

Incorporation

2017-11-09

Last accounts made up

2024-12-31

Account category

FULL

Primary SIC

50200

Hubs

UK Logistics & Mobility

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“During the year ended 31 December 2024, the Company recorded a comprehensive income of US$767,000 (2023: US$1,392,000), the Company's current liabilities exceeded its current assets by US$5,463,000 (2023: US$5,430,000) and it is in a net shareholder's surplus position of US$11,090,000 (2023: US$11,955,000). The Company's net current liability position is due to amounts payable to the immediate parent company of US$6,150,000 (2023: US$5,385,000). These liabilities are subordinated to the Company's other liabilities and will only be settled from future cash surpluses generated by the Company. Due to the Company's net current liability position, the parent company, Anglo International Shipping Operations limited, has undertaken to provide financial support to enable the Company meet its obligations as they fall due.”

Significant events

• “Attacks and acts of piracy on ocean-going vessels in the Red Sea, and armed conflicts in Ukraine, the Gaza Strip, and other hostile developments in the Middle East, have not had a material impact on the Group's operations to date. The Directors have considered the associated risks from these conflicts and instructed Group vessels to avoid transiting these conflict areas. The directors believe the Group's existing processes and contractual protections remain adequate to continue mitigating the known risks in the forthcoming period. The Directors continue to monitor developments closely.”
• “In June 2025, the Company entered into a secured loan agreement with a bank and drew down a loan facility of US$8,233,000.”

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