THE ALTERNATIVE PARCELS COMPANY BIDCO LIMITED

• ◆

  4 officer resignations in last 12 months

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

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have considered the cash flows that apply to the Company and are satisfied that the Company has the resources to be able to continue operating, and that any funds that are required will be provided by the group and the ultimate parent company. [...] On this basis the Directors consider that it is appropriate to prepare the financial statements on the going concern basis.”

Group structure

1. THE ALTERNATIVE PARCELS COMPANY BIDCO LIMITED · parent
   1. The Alternative Parcels Company Limited 100% · Providing transportation and sorting services for parcels and freight, which are collected and delivered nationally by our Network Members.
   2. APC Overnight Limited 100% · Dormant

Significant events

• “From 18 July 2025, we are pleased to announce that The Alternative Parcels Company Topco 2023 Limited group has a revised ownership structure. The new ownership is formed of APC Holdco Limited, DBAY Advisors Limited and investors, who hold a 78.32% majority stake in The Alternative Parcels Company Topco 2023 Limited group.”
• “A new senior debt facility of £30m has been put in place by the new Group to support the acquisition. This debt funding was used to settle the outstanding Shareholder loan notes and bank loans, which amounted to £4.62m and £20.85m respectively at the year end.”

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

1

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  -23.9%

  £199,325 → £151,658

• Cash

  -43.3%

  £91,803 → £52,013

• Net assets

  +1.4%

  £539,623 → £547,128

• Employees

  +66.7%

  3 → 5

• Operating profit

  -24.4%

  £9,932 → £7,505

• Profit before tax

  +102.9%

  -£259,743 → £7,505

• Wages

  -2.3%

  £127,585 → £124,694

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