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GAC LOGISTICS (UK) LIMITED
301 WORLD FREIGHT TERMINAL, MANCHESTER AIRPORT, MANCHESTER, M90 5BFPrevious name: GAC BENAIR LOGISTICS LIMITED (changed on 29-Nov-2006)
Previous name: BENAIR FREIGHT INTERNATIONAL LIMITED (changed on 09-Nov-2005)
Company Number: 01025125
Incorporation date: 24-Sep-1971
Status: Active
Entity type: Private Limited Company
SIC codes:
46230 Wholesale of live animals
52290 Other transportation support activities
SUMMARY
This company is 52.5 years old and is currently active. It is controlled by Mr Bjorn Engblom. The latest reported revenue figure is GBP 3.3 million which is down -10% on the previous year. Retained earnings is negative (GBP -9.1 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 4 active officers (directors or partners) who are or were officers of 9 other companies, 2 (22.2%) 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-Sep-2024Accounts Filed: FULL (31-Dec-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2020 | GBP | 3,264,835 | 244,781 | 47,415 | 173,737 | 23,629 | |
31-Dec-2019 | GBP | 3,650,425 | 140,515 | 61,209 | 291,381 | 370,687 | |
31-Dec-2018 | GBP | 4,261,984 | -19,511 | 364,171 | -383,682 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2020 | GBP | 5,128 | 702,590 | 1,780,238 | 6,540,960 | -9,078,974 | |||
31-Dec-2019 | GBP | 1,245,000 | |||||||
31-Dec-2018 | GBP | 900,819 | 9,803,498 | 400,000 | -9,473,290 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
31-Dec-2020 | GBP | 100.00% | 6,540,960 | 0 | 6,540,960 | 3,890,416 |
31-Dec-2019 | GBP | inf% | -400,000 | 400,000 | 0 | 822,500 |
** 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) |
---|---|---|---|---|---|---|
Resigned | Edward GRAHAM | 07 Jun 2016 | 25 Jan 2019 | 0 - 1 | ||
Resigned | Ilian IVANOV | 17 May 2013 | 30 Nov 2015 | 0 - 1 | ||
Resigned | Dennis William BILLINGS | 15 May 2006 | 15 May 2006 | 0 - 2 | ||
Resigned | Andrew LEACH | 31 Aug 2005 | 31 Oct 2012 | 0 - 1 | ||
Resigned | Nigel Anthony LAWRENCE | 22 Apr 1993 | 31 Aug 2005 | 0 - 31 | ||
Resigned | Trevor Patrick CROWLEY | 15 Nov 1991 | 22 Apr 1993 | 0 - 28 | ||
Resigned | Trevor Patrick CROWLEY | 22 Apr 1993 | 0 - 28 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Carl Pontus FREDRIKSSON | 01 Oct 2023 | Group President | Swedish | 1 - 0 | 0 (0.0%) | |
Active | Nicholas Stephen Andrew BROWNE | 01 Jan 2023 | Managing Director | British | 4 - 0 | 1 (25.0%) | |
Active | Thomas Hogh OKBO | 01 Jan 2021 | Company Director | Danish | 4 - 1 | 0 (0.0%) | |
Resigned | Herman Oswald JORGENSEN | 01 Oct 2014 | 31 Dec 2022 | Managing Director | Norwegian | 0 - 4 | 1 (25.0%) |
Active | Bengt Ake EKSTRAND | 31 Oct 2012 | Group Vice President | Swedish | 3 - 4 | 2 (28.6%) | |
Resigned | Hakan Tommy Bo WESTER | 01 May 2011 | 25 Jan 2019 | Business Manager | Swedish | 0 - 5 | 1 (20.0%) |
Resigned | Ivo Rene Monique VERHEYEN | 15 Mar 2011 | 31 Dec 2020 | Manager | Belgian | 0 - 6 | 2 (33.3%) |
Resigned | Peter John COLE | 01 Jan 2010 | 30 Jan 2015 | Ship Broker | British | 0 - 3 | 2 (66.7%) |
Resigned | Stuart BOWIE | 01 Jul 2008 | 31 Dec 2009 | Director | British | 0 - 1 | 0 (0.0%) |
Resigned | Erland EBBERSTEN | 07 Dec 2006 | 15 Mar 2011 | Director | Swedish | 0 - 6 | 1 (16.7%) |
Resigned | Dennis William BILLINGS | 15 May 2006 | 31 Dec 2008 | Accountant | British | 0 - 2 | 0 (0.0%) |
Resigned | Hakan GRANANDER | 01 Sep 2005 | 07 Dec 2006 | Manager | Swedish | 0 - 1 | 0 (0.0%) |
Resigned | William HILL | 31 Aug 2005 | 15 Mar 2011 | Director | British | 0 - 1 | 0 (0.0%) |
Resigned | Martin Clement ROBERTS | 18 May 1998 | 13 Nov 2000 | Company Director | British | 0 - 1 | 0 (0.0%) |
Resigned | Brian Trevor SOUTHERN | 20 Jan 1997 | 14 Apr 2006 | General Manager | British | 0 - 1 | 0 (0.0%) |
Resigned | Grant Fraser WESTCOTT | 14 Jun 1994 | 06 Aug 1998 | Accountant | British | 0 - 9 | 5 (55.6%) |
Resigned | Thomas William Robert WHITE | 25 Jul 1994 | Consultant | British | 0 - 2 | 0 (0.0%) | |
Resigned | Dennis Victor MEAD | 30 Jun 2008 | Company Director | British | 0 - 3 | 0 (0.0%) | |
Resigned | Philip Hugh MEESON | 31 Aug 2005 | Company Director | British | 3 - 24 | 11 (40.7%) |
Average tenure of active directors: 4.1 years
Average tenure of resigned directors: 4.1 years
Average active director Dissolution Rate: 13.4%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
|||||
---|---|---|---|---|---|
GAC LOGISTICS (UK) LIMITED (01025125) - Active | ✔ | ✔ | ✔ | ✔ | |
ORD, BROUGH & COLLINS LIMITED (01410792) - Active | ✔ | ✔ | |||
OBC AGENCIES LTD (01485823) - Active | ✔ | ||||
GAC TRAVEL LIMITED (02120451) - Dissolved | ✔ | ||||
GAC NETHERLANDS LIMITED (03117475) - Active | ✔ | ✔ | |||
BROBULK LIMITED (03596350) - Active | ✔ | ||||
CARGOGULF (UK) LTD (06457903) - Active - Proposal to Strike off | ✔ | ||||
INSTOW ENERGY LTD (13251336) - Active - Proposal to Strike off | ✔ | ||||
GAC SERVICES (UK) LTD (SC121827) - Active | ✔ | ✔ | ✔ | ||
PELITEC LTD (SC732232) - Active | ✔ |
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2020-04-11 | 2016-04-11 | 2015-04-11 | 2014-04-11 | 2013-04-11 | ||
GULF AGENCY COMPANY LIMITED | REDEEMABLE PREFERENCE SHARES | 6,140,960 93.9% | 0 0% | 0 0% | 0 0% | 0 0% |
GULF AGENCY COMPANY LIMITED | ORDINARY | 400,000 6.12% | 400,000 100% | 400,000 100% | 400,000 100% | 400,000 100% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
GAC LOGISTICS (UK) LIMITED
no controlled companies
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:
46230 Wholesale of live animals)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
KOI WHOLESALE LIMITED | 83 CAROLGATE, RETFORD, NOTTINGHAMSHIRE, UNITED KINGDOM, DN22 6EH | 07560886 | 2018-03-31 | 863,595 | 0 |
47230-Retail sale of fish, crustaceans and molluscs in specialised stores |
RICHDON KOI LTD | PENRHOS PANY-Y-DWR, RHAYADER, POWYS, WALES, LD6 5NA | 06523268 | 2018-08-31 | 162,443 | 0 |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low 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 |
---|---|---|---|---|
GAC LOGISTICS (UK) LIMITED | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.4% | 1.4% | 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 | 0.8% | 3.8% | 7.5% | Medium |