CFG HOLDINGS LIMITED

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

Consolidated group

Auditor

Sumer Auditco Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The group's business activities, together with the factors likely to impact upon its future operations are set out in this report. In addition the accounting policies on the pages below set out the company's objectives, policies and processes for managing its financial risk management objectives and its exposure to credit and credit and liquidity risk. The Group has the ability to meet ongoing funding requirements from its own internal cash generation, from financial backing and long term customer and supplier relationships, within projected increasing turnover due to significant new customers and increasing volumes with existing customers. The directors believe that the Group is well placed to manage its business risks successfully and to capitalise on opportunities within its market place. The Group forecasts and projections, taking account of possible changes in trading performance, show that the Group as a whole will remain profitable, cash generative and should be able to operate within the level of its current facility. The Group has bank facilities currently in place, which ensure the needs of the business are fully met and delivered on acceptable terms. After making enquiries, the directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future, accordingly they continue to adopt the going concern basis in preparing the annual report and accounts.”

Group structure

1. CFG HOLDINGS LIMITED · parent
   1. Countrywide Freight Group Limited 100% · England & Wales · road freight transport
   2. Clearline Customs Ireland Limited 100% · Ireland · transportation support activities
   3. Mandark Freight Service Limited 100% · England & Wales · dormant
   4. Mandark International Freight Service Limited 100% · England & Wales · dormant
   5. Bellbirman Limited 100% · Northern Ireland · dormant
   6. Countrywide Freight (Midlands) Limited 100% · Northern Ireland · dormant
   7. Countrywide Freight (Northern) Limited 100% · Northern Ireland · dormant
   8. Countrywide Freight (Northern Ireland) Limited 100% · Northern Ireland · dormant
   9. Countrywide Freight (Southern) Limited 100% · Northern Ireland · dormant
   10. Countrywide Express (North East) Limited 100% · Northern Ireland · dormant
   11. Countrywide Express Limited 100% · Northern Ireland · dormant
   12. Meteor Freight Groupage Limited 100% · England & Wales · dormant
   13. Meteor Freight (UK) Limited 100% · England & Wales · dormant
   14. Cooper Carriers Limited 100% · England & Wales · dormant
   15. Palletwales Limited 100% · Northern Ireland · dormant

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

Filings

14

last 12 months

Capital events

4

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  +77.3%

  £1,730,322 → £3,067,791

  highest in 3 filed years

• Net assets

  -32.4%

  £2,636,593 → £1,781,512

  lowest in 3 filed years

• Employees

  -17.1%

  299 → 248

  lowest in 3 filed years

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