TDG 2021 BIDCO LIMITED

1. TDG 2021 BIDCO LIMITED 2021-01-25 → present
2. ENSCO 1364 LIMITED 2020-03-17 → 2021-01-25

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

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future (which has been taken as not less than 12 months from the date of the approval of these financial statements) based on current cash flow projections. The Directors therefore believe that it remains appropriate to prepare the financial statements of the Company on a going concern basis. The Company is supported by TDG 2021 Holdco Limited, which has the ability and intent to provide support. TDG 2021 Holdco Limited has issued a letter of support for a period of not less than 12 months from the date of approval of these financial statements to the Company, which includes both making funds available if required, and not to seek repayment of the amounts due at the balance sheet date where this would be detrimental to the Company.”

Group structure

1. TDG 2021 BIDCO LIMITED · parent
   1. TDG Top Newco Limited 100% · England and Wales
   2. The Delivery Group Limited 100% · England and Wales
   3. TDG 2018 Holdco Limited 100% · England and Wales
   4. TDG Mid Newco Limited 100% · England and Wales
   5. Secured Express Limited 100% · England and Wales
   6. The Delivery Group Holdings Limited 100% · England and Wales
   7. Secured Mail Limited 100% · England and Wales
   8. E-Trak Logistics Limited 100% · England and Wales
   9. Postal Choices Holdings Limited 100% · England and Wales
   10. Postal Choices Limited 100% · England and Wales
   11. CMS Network (London) Limited 100% · England and Wales
   12. The Delivery Group E-Trak Holdings Limited 100% · England and Wales

Significant events

• “On 16 January 2026, on the back of consistent year on year growth and expansion of the Group's ecommerce delivery solutions, the Group completed a successful refinancing exercise to allow the Group to continue to invest in its services, people and infrastructure. The new funding package reduces the overall funding rate paid by the Group and provides a significant uplift in working capital facilities to enable the Group's continued growth in to SME focussed Ecommerce delivery solutions.”
• “On 16 January 2026, subsequent to the reporting date, the Group entered into new long-term financing arrangements comprising new bank loans and an invoice discounting facility. The proceeds from these facilities were used to repay the Group's existing bank loans and invoice discounting facility. The refinancing resulted in exit costs of 236,774. This event is considered a non-adjusting post-balance sheet event, as the financing arrangements were entered into after the reporting date.”
• “Alongside this exercise, the loan notes due to be paid on the first to occur of an Asset Sale, a Share Sale, a Listing or 2 March 2027 have been extended to be paid on the first to occur of an Asset Sale, a Share Sale, a Listing or 16 April 2031.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -27.7%

  -£4,654,013 → -£5,942,945

• Employees

  —

  Not reported

• Profit before tax

  +2.8%

  -£1,497,884 → -£1,456,167

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