PANALPINA WORLD TRANSPORT LIMITED

THIRD FLOOR CONNEXIONS BUILDING, 159 PRINCES STREET, IPSWICH, SUFFOLK, IP1 1QJ

Company Number: 00357697
Incorporation date: 15-Nov-1939
Status: Liquidation
Entity type: Private Limited Company

SIC codes:
52101 Operation of warehousing and storage facilities for water transport activities
52102 Operation of warehousing and storage facilities for air transport activities
52241 Cargo handling for water transport activities
52242 Cargo handling for air transport activities


SUMMARY

This company is 84.4 years old and is currently liquidation. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 2.7 million which has increased from GBP -815 thousand in the previous year. The latest reported revenue figure is GBP 143.2 million which is down -10% on the previous year. Retained earnings is negative (GBP -27.7 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 1 active officers (directors or partners) who are or were officers of 5 other companies, 3 (60.0%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Jun-2021
Accounts Filed: FULL (31-Dec-2018)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2018 GBP 143,234,000 -3,339,000 4,000 173,000 -3,508,000
31-Dec-2017 GBP 155,281,000 -6,291,000 5,000 213,000 -6,499,000
31-Dec-2016 GBP 208,114,000 -2,602,000 4,000 426,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2018 GBP 32,063,000 2,916,000 19,350,000 -27,689,000 2,677,000
31-Dec-2017 GBP 39,735,000 7,903,000 3,400,000 12,350,000 -24,181,000 -815,000
31-Dec-2016 GBP 30,594,000 27,796,000 3,344,000 12,350,000 -17,682,000 5,684,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2018 GBP 36.18% 7,000,000 12,350,000 19,350,000 -20,049,000
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Gary RIDSDALE 26 Nov 2019 28 Mar 2024 1 - 0
Resigned Caterina ROSSI HERDMAN 12 Dec 2017 26 Nov 2019 0 - 1
Resigned Lynne WILKINSON 01 Nov 2015 12 Dec 2017 0 - 1
Resigned Robert David John CHAMBERS 31 Oct 2015 British 0 - 6

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Gary Maurice RIDSDALE 23 Jun 2021 Accountant British 2 - 54 (57.1%)
Resigned Michael Dyhre HANSEN 09 Sep 2019 23 Jun 2021 Director Danish 0 - 64 (66.7%)
Resigned Morten LANDRY 09 Sep 2019 23 Jun 2021 Director Danish 5 - 13 (50.0%)
Resigned Jens Hesselberg LUND 09 Sep 2019 23 Jun 2021 Director Danish 3 - 88 (72.7%)
Resigned Carsten Elmdal TROLLE 09 Sep 2019 23 Jun 2021 Director Danish 2 - 42 (33.3%)
Resigned Rachel WILTON 17 Dec 2018 26 Nov 2019 Country Head Of Marketing And Sales Uk And Ireland British 0 - 11 (100.0%)
Resigned Caterina ROSSI HERDMAN 22 Apr 2016 26 Nov 2019 Human Resources Italian 0 - 11 (100.0%)
Resigned Robert MUIR 01 Jan 2016 17 Dec 2018 Freight Forwarding & Logistics British 0 - 22 (100.0%)
Resigned Frank SIMMEN 15 Sep 2014 10 Jun 2019 Accountant Swiss 0 - 22 (100.0%)
Resigned Christopher David COOPER 01 Jan 2014 06 Sep 2019 Freight Forwarder British 1 - 11 (50.0%)
Resigned Peter TRIEBEL 04 Jan 2011 31 Dec 2013 Freight Forwarder Swiss 0 - 11 (100.0%)
Resigned Dieter Paul KELLER 02 Apr 2007 12 Sep 2014 Accountant Swiss 0 - 22 (100.0%)
Resigned Diego Josef EYER 18 May 2004 30 Mar 2007 Accountant Swiss 0 - 22 (100.0%)
Resigned Sandro KNECHT 16 Oct 2001 30 Sep 2008 Freight Forward Swiss 0 - 22 (100.0%)
Resigned Michael SCHAECHER 01 Jan 2001 31 Mar 2002 Freight Forwarder German 0 - 11 (100.0%)
Resigned Ernst-Juergen DIETERLE 01 Jan 2000 20 Aug 2001 Freight Forwarder German 0 - 11 (100.0%)
Resigned Bruno SIDLER 01 Jan 2000 04 Jan 2006 C.E.O. Swiss 0 - 33 (100.0%)
Resigned Glenn BARNES 01 Jan 1999 31 Dec 2010 Freight Forwarder British 0 - 22 (100.0%)
Resigned Andrew MILLER 10 Aug 1998 17 May 2004 Company Director British 0 - 11 (100.0%)
Resigned Peter GENNERY 04 Jul 1995 01 Apr 2000 Freight Forwarder English 0 - 11 (100.0%)
Resigned Rodolfo Bruno Fernando SCHIBLI 01 Jun 1995 31 Jul 1998 Accountant Swiss 0 - 11 (100.0%)
Resigned Hans Jurgen KERN 03 Apr 1995 31 Mar 2002 Freight Forwarder German 0 - 11 (100.0%)
Resigned Ferdinand KURT 01 Sep 1994 28 Oct 1994 Freight Forwarder Swiss 0 - 11 (100.0%)
Resigned Robert David John CHAMBERS 29 Jul 1994 31 Dec 2015 Bookkeeper British 0 - 66 (100.0%)
Resigned Anthony John GRAY 29 Jul 1994 31 Dec 1998 Freight Forwarder British 0 - 11 (100.0%)
Resigned Gehard FISCHER 31 Dec 1999 Director Of Companies Swiss 0 - 11 (100.0%)
Resigned Dieter STIERLE 30 Jan 1998 Freight Forwarder Swiss 0 - 11 (100.0%)
Resigned Gerd Heinrich KUNATH 31 May 1995 Freight Forwarder German 0 - 11 (100.0%)
Number of active directors: 1
Average tenure of active directors: 2.8 years
Average tenure of resigned directors: 4.2 years
Average active director Dissolution Rate: 57.1%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
PANALPINA WORLD TRANSPORT LIMITED (00357697) - Liquidation
DSV GIL PENSION TRUSTEES LIMITED (01822696) - Active
UTI WORLDWIDE (UK) LIMITED (02402322) - Liquidation
UTI (UK) HOLDINGS LIMITED (02821745) - Liquidation
DSV PETERBOROUGH REAL ESTATE LIMITED (10933758) - Liquidation
DFDS GROUP UK PENSION TRUSTEE LIMITED (13967483) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2019-06-252016-06-112015-06-112014-06-112013-06-11
PANALPINA WORLD TRANSPORT (HOLDING) LTDORDINARY19,350,000
100%
12,350,000
100%
12,350,000
100%
12,350,000
100%
12,350,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

PANALPINA WORLD TRANSPORT LIMITED

Controlled companies below

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 52101 Operation of warehousing and storage facilities for water transport activities)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
PHILLIPS 66 CS LIMITED 7TH FLOOR, 200-202 ALDERSGATE STREET, LONDON, EC1A 4HD 02809975 2017-12-31 586,030,000 -8,068,000
DAVIES TURNER PLC WEST MIDLANDS FREIGHT TERMINAL, STATION ROAD, COLESHILL, WEST MIDLANDS, B46 1DT 00062270 2018-03-31 172,195,000 3,943,000 52102-Operation of warehousing and storage facilities for air transport activities
52103-Operation of warehousing and storage facilities for land transport activities
CYGNIA LOGISTICS LIMITED METHUEN PARK, METHUEN PARK, CHIPPENHAM, ENGLAND, SN14 0WT 03748474 2018-03-31 45,373,369 493,873 52102-Operation of warehousing and storage facilities for air transport activities
52103-Operation of warehousing and storage facilities for land transport activities
52290-Other transportation support activities
LIVERPOOL BULK LIQUIDS LIMITED HARLESCOTT, BATTLEFIELD ROAD, SHREWSBURY, SHROPSHIRE, UNITED KINGDOM, SY1 4AH 03599562 2018-03-31 974,232 0
HCS MARINE LIMITED 38 HOLLOWAY ROAD, MALDON, ESSEX, UNITED KINGDOM, CM9 4SQ 09959111 2018-01-31 52,241 0
QUINTA COTTAGES LIMITED KINGS MANOR, FRESHWATER, ISLE OF WIGHT, PO40 9TL 04891337 2018-09-30 34,942 0
TAMAR STORAGE LIMITED THE WAREHOUSE, MARSHALL ROAD, PLYMOUTH, DEVON, PL7 1YB 09242138 2018-01-31 626 0
ASCO (DC2) LIMITED GREAT YARMOUTH OFFSHORE SUPPLY, BASE SOUTH DENES ROAD, GREAT YARMOUTH, NORFOLK, NR30 3LX 05898050 0000-00-00 0 0 52103-Operation of warehousing and storage facilities for land transport activities
52290-Other transportation support activities
ASCO (DC4) LIMITED GREAT YARMOUTH OFFSHORE SUPPLY, BASE SOUTH DENES ROAD, GREAT YARMOUTH, NORFOLK, NR30 3LX 05898058 0000-00-00 0 0 52103-Operation of warehousing and storage facilities for land transport activities
52290-Other transportation support activities

LIQUIDATION RISK (BETA)



This company is Liquidation. Statistically, such companies have a VERY HIGH probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
Company status 100.0% 99.4% 99.9% High
Other companies Active in the same sector Too few competitors
Age 0.6% 1.7% 2.7% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 1.0% 5.6% 10.9% Medium
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