ELLERMAN CITY LINERS LIMITED
Get an alert when ELLERMAN CITY LINERS LIMITED 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
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-10 (in 1mo)
Last made up 2025-05-27
Watchouts
None on the register
Cash
£3M
-65.8% vs 2023
Net assets
-£207M
-47.1% vs 2023
Employees
25
-30.6% vs 2023
Profit before tax
-£66M
+55.6% vs 2023
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-06-01 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £58,594,511 | £82,635,569 | |
| Operating profit | — | — | — | -£149,469,593 | -£66,371,259 | |
| Profit before tax | — | — | — | -£149,467,740 | -£66,371,259 | |
| Net profit | — | — | — | -£147,144,461 | -£66,371,259 | |
| Cash | — | — | — | £9,391,313 | £3,211,562 | |
| Total assets less current liabilities | — | — | — | -£13,847,657 | -£28,081,636 | |
| Net assets | — | — | — | -£140,879,807 | -£207,251,066 | |
| Equity | — | -£2,579,163 | £6,264,654 | -£140,879,807 | -£207,251,066 | |
| Average employees | 0 | — | — | 36 | 25 | |
| Wages | — | — | — | £2,261,433 | £1,886,565 |
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 | 2021-06-01 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -255.1% | -80.3% | |
| Net margin | — | — | — | -251.1% | -80.3% | |
| Return on capital employed | — | — | — | 1079.4% | 236.4% | |
| Interest cover | — | — | — | -13588144.82x | — |
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
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- THP Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company has net current liabilities and a balance sheet deficit. In light of this, the Company has obtained a letter of support from its immediate parent company, confirming that it will take such actions, as may be reasonably necessary, to enable the Company to continue its operations and settle its obligations in the ordinary course of business, meaning without substantial disposition of assets, externally forced revisions of its operations, or similar action, at least until 31 December 2026. Indeed, the parent company has continued its support for the company by providing £176,000,000 in loans by the year end and £26,872,750 since. The parent company has also waived all interest on this loan accrued up to 31 December 2024 and also for the foreseeable future. This amounted to £10,248,562 as at 31 December 2024. The Directors have made reasonable enquiries to enable them to consider the ability of the parent company to support the Company. Taking into account the matters described above the Directors believe that the Company will be able to meet its liabilities as they fall due and will have adequate resources to continue in operational existence until at least 31 December 2026. The financial statements have therefore been prepared on the going concern basis.”
Group structure
- ELLERMAN CITY LINERS LIMITED · parent
- Ellerman City Liners Portugal Unipessoal Lda. 100%
- Ellerman City Liners Germany Ltd. & Co. KG 100%
- Ellerman City Liners Germany UG 100%
Significant events
- “Subsequent to the year end the Company entered into a 3 year extension to an existing charter agreement with a total commitment of £14,987,097.”
- “At the balance sheet sheet, the Company had entered into sub-let charter agreements for 3 of its vessels, with a total minimum income £4,887,962 to be received in 2025.”
- “Subsequent to the year end the Company entered into 2 further sub-let agreements on one vessel for a total of £2,353,914.”
- “The Company is the subject of an ongoing claim made by the insurance company of a customer in relation to the damage of container goods. The total value of the claim is £825,000.”
- “Subsequent to the year end the Company reached a legal agreement, with the assistance of a fellow group company through the transfer of assets, with a third party for the part settlement of a debt of $2,444,603 owed by the Company. The balance owed on this debt at 31 December 2024 was $862,330.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROOKS, Nicholas Kevin | Secretary | 2023-08-16 | — | — |
| ANDREWS, Peter | Director | 2021-10-06 | Dec 1981 | British |
| LIDDELL, Iain Robert | Director | 2021-06-02 | Jun 1963 | British |
| STOCKMANN, Mathis Konstantin | Director | 2021-10-06 | Mar 1980 | German |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gb Europe Holdings Limited | Corporate entity | Shares 75–100% | 2021-10-06 | Active |
| Mr Iain Robert Liddell | Individual | Shares 75–100%, Voting 75–100% | 2021-06-02 | Ceased 2021-10-06 |
Filing timeline
Last 18 of 18 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-21 | AA | accounts | Accounts with accounts type full | |
| 2025-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-20 | AA | accounts | Accounts with accounts type full | |
| 2024-06-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-21 | AA | accounts | Accounts with accounts type small | |
| 2023-08-17 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-08-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-06-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-31 | AA | accounts | Accounts with accounts type small | |
| 2023-01-18 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-06 | AP01 | officers | Appoint person director company with name date | |
| 2021-10-06 | AP01 | officers | Appoint person director company with name date | |
| 2021-10-06 | AA01 | accounts | Change account reference date company current shortened | |
| 2021-10-06 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-10-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-07-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-06-02 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- 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
+41%
£58,594,511 £82,635,569
-
Cash
-65.8%
£9,391,313 £3,211,562
-
Net assets
-47.1%
-£140,879,807 -£207,251,066
-
Employees
-30.6%
36 25
-
Operating profit
+55.6%
-£149,469,593 -£66,371,259
-
Profit before tax
+55.6%
-£149,467,740 -£66,371,259
-
Wages
-16.6%
£2,261,433 £1,886,565
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers