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PANALPINA WORLD TRANSPORT LIMITED
THIRD FLOOR CONNEXIONS BUILDING, 159 PRINCES STREET, IPSWICH, SUFFOLK, IP1 1QJCompany 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-2021Accounts 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 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY 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 - 5 | 4 (57.1%) | |
Resigned | Michael Dyhre HANSEN | 09 Sep 2019 | 23 Jun 2021 | Director | Danish | 0 - 6 | 4 (66.7%) |
Resigned | Morten LANDRY | 09 Sep 2019 | 23 Jun 2021 | Director | Danish | 5 - 1 | 3 (50.0%) |
Resigned | Jens Hesselberg LUND | 09 Sep 2019 | 23 Jun 2021 | Director | Danish | 3 - 8 | 8 (72.7%) |
Resigned | Carsten Elmdal TROLLE | 09 Sep 2019 | 23 Jun 2021 | Director | Danish | 2 - 4 | 2 (33.3%) |
Resigned | Rachel WILTON | 17 Dec 2018 | 26 Nov 2019 | Country Head Of Marketing And Sales Uk And Ireland | British | 0 - 1 | 1 (100.0%) |
Resigned | Caterina ROSSI HERDMAN | 22 Apr 2016 | 26 Nov 2019 | Human Resources | Italian | 0 - 1 | 1 (100.0%) |
Resigned | Robert MUIR | 01 Jan 2016 | 17 Dec 2018 | Freight Forwarding & Logistics | British | 0 - 2 | 2 (100.0%) |
Resigned | Frank SIMMEN | 15 Sep 2014 | 10 Jun 2019 | Accountant | Swiss | 0 - 2 | 2 (100.0%) |
Resigned | Christopher David COOPER | 01 Jan 2014 | 06 Sep 2019 | Freight Forwarder | British | 1 - 1 | 1 (50.0%) |
Resigned | Peter TRIEBEL | 04 Jan 2011 | 31 Dec 2013 | Freight Forwarder | Swiss | 0 - 1 | 1 (100.0%) |
Resigned | Dieter Paul KELLER | 02 Apr 2007 | 12 Sep 2014 | Accountant | Swiss | 0 - 2 | 2 (100.0%) |
Resigned | Diego Josef EYER | 18 May 2004 | 30 Mar 2007 | Accountant | Swiss | 0 - 2 | 2 (100.0%) |
Resigned | Sandro KNECHT | 16 Oct 2001 | 30 Sep 2008 | Freight Forward | Swiss | 0 - 2 | 2 (100.0%) |
Resigned | Michael SCHAECHER | 01 Jan 2001 | 31 Mar 2002 | Freight Forwarder | German | 0 - 1 | 1 (100.0%) |
Resigned | Ernst-Juergen DIETERLE | 01 Jan 2000 | 20 Aug 2001 | Freight Forwarder | German | 0 - 1 | 1 (100.0%) |
Resigned | Bruno SIDLER | 01 Jan 2000 | 04 Jan 2006 | C.E.O. | Swiss | 0 - 3 | 3 (100.0%) |
Resigned | Glenn BARNES | 01 Jan 1999 | 31 Dec 2010 | Freight Forwarder | British | 0 - 2 | 2 (100.0%) |
Resigned | Andrew MILLER | 10 Aug 1998 | 17 May 2004 | Company Director | British | 0 - 1 | 1 (100.0%) |
Resigned | Peter GENNERY | 04 Jul 1995 | 01 Apr 2000 | Freight Forwarder | English | 0 - 1 | 1 (100.0%) |
Resigned | Rodolfo Bruno Fernando SCHIBLI | 01 Jun 1995 | 31 Jul 1998 | Accountant | Swiss | 0 - 1 | 1 (100.0%) |
Resigned | Hans Jurgen KERN | 03 Apr 1995 | 31 Mar 2002 | Freight Forwarder | German | 0 - 1 | 1 (100.0%) |
Resigned | Ferdinand KURT | 01 Sep 1994 | 28 Oct 1994 | Freight Forwarder | Swiss | 0 - 1 | 1 (100.0%) |
Resigned | Robert David John CHAMBERS | 29 Jul 1994 | 31 Dec 2015 | Bookkeeper | British | 0 - 6 | 6 (100.0%) |
Resigned | Anthony John GRAY | 29 Jul 1994 | 31 Dec 1998 | Freight Forwarder | British | 0 - 1 | 1 (100.0%) |
Resigned | Gehard FISCHER | 31 Dec 1999 | Director Of Companies | Swiss | 0 - 1 | 1 (100.0%) | |
Resigned | Dieter STIERLE | 30 Jan 1998 | Freight Forwarder | Swiss | 0 - 1 | 1 (100.0%) | |
Resigned | Gerd Heinrich KUNATH | 31 May 1995 | Freight Forwarder | German | 0 - 1 | 1 (100.0%) |
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 | ||||
---|---|---|---|---|---|---|
2019-06-25 | 2016-06-11 | 2015-06-11 | 2014-06-11 | 2013-06-11 | ||
PANALPINA WORLD TRANSPORT (HOLDING) LTD | ORDINARY | 19,350,000 100% | 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 |