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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-08-29 (in 3mo)

Last made up 2025-08-15

Watchouts

None on the register

Cash

£5K

Latest balance sheet

Net assets

£71M

Equity attributable

Employees

0

Average over period

Profit before tax

-£19K

Period ending 2024-12-31

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover
Operating profit -£16,298,266-£18,049
Profit before tax -£16,298,561-£19,073
Net profit -£16,298,561-£19,073
Cash £5,003£5,000
Total assets less current liabilities £71,418,178£71,417,716
Net assets £71,401,441£71,382,368
Equity £71,401,441£71,382,368
Average employees 00
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 2023-12-312024-12-31
Return on capital employed -22.8%-0.0%
Gearing (liabilities / total assets) 0.0%0.1%
Current ratio 7437.30x7098.06x
Interest cover -55248.36x-17.63x

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
KPMG
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The directors have prepared cash flow forecasts for a period of at least 12 months from the date of approval of these financial statements which indicate that, taking account of reasonably possible downsides, the company will have sufficient funds to meet its liabilities as they fall due 12 months after the approval of these financial statements through the support of Prologis European Logistics Fund, FCP-FIS ("the ultimate controlling party"). The company is in receipt of a letter of support from Prologis European Logistics Fund, FCP-FIS indicating its intention to provide continued financial support to the company for at least 12 months from the date of the approval of the financial statements. As with any company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue. However, at the date of approval of these financial statements, they have no reason to believe that it will not do so. Consequently, the directors are confident that the company will have sufficient funds to continue its business and therefore have prepared the financial statements on a going concern basis.”

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

People

2 active · 0 resigned

Name Role Appointed Born Nationality
SMITH, Nicholas David Mayhew Director 2022-07-04 Oct 1968 British
WESTON, Paul David Director 2022-07-04 Nov 1968 British

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Prologis Uk Topco 1 Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2022-07-04 Active

Filing timeline

Last 14 of 14 total filings

Date Type Category Description
2025-08-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-10 AA accounts Accounts with accounts type full
2024-08-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-04-08 AA accounts Accounts with accounts type small
2023-08-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-12-14 AA01 accounts Change account reference date company current extended PDF
2022-08-15 CS01 confirmation-statement Confirmation statement with updates PDF
2022-08-15 SH01 capital Capital allotment shares PDF
2022-08-15 SH01 capital Capital allotment shares PDF
2022-08-08 CS01 confirmation-statement Confirmation statement with updates PDF
2022-08-05 SH01 capital Capital allotment shares PDF
2022-08-05 CS01 confirmation-statement Confirmation statement with updates PDF
2022-08-05 SH01 capital Capital allotment shares PDF
2022-07-04 NEWINC incorporation Incorporation company PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

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

Year-on-year comparison hidden: this filing covers about 12 months versus 18 months prior.

Official Companies House page