GAC LOGISTICS (UK) LIMITED

301 WORLD FREIGHT TERMINAL, MANCHESTER AIRPORT, MANCHESTER, M90 5BF

Previous 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-2024
Accounts 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
* 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)
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 - 00 (0.0%)
Active Nicholas Stephen Andrew BROWNE 01 Jan 2023 Managing Director British 4 - 01 (25.0%)
Active Thomas Hogh OKBO 01 Jan 2021 Company Director Danish 4 - 10 (0.0%)
Resigned Herman Oswald JORGENSEN 01 Oct 2014 31 Dec 2022 Managing Director Norwegian 0 - 41 (25.0%)
Active Bengt Ake EKSTRAND 31 Oct 2012 Group Vice President Swedish 3 - 42 (28.6%)
Resigned Hakan Tommy Bo WESTER 01 May 2011 25 Jan 2019 Business Manager Swedish 0 - 51 (20.0%)
Resigned Ivo Rene Monique VERHEYEN 15 Mar 2011 31 Dec 2020 Manager Belgian 0 - 62 (33.3%)
Resigned Peter John COLE 01 Jan 2010 30 Jan 2015 Ship Broker British 0 - 32 (66.7%)
Resigned Stuart BOWIE 01 Jul 2008 31 Dec 2009 Director British 0 - 10 (0.0%)
Resigned Erland EBBERSTEN 07 Dec 2006 15 Mar 2011 Director Swedish 0 - 61 (16.7%)
Resigned Dennis William BILLINGS 15 May 2006 31 Dec 2008 Accountant British 0 - 20 (0.0%)
Resigned Hakan GRANANDER 01 Sep 2005 07 Dec 2006 Manager Swedish 0 - 10 (0.0%)
Resigned William HILL 31 Aug 2005 15 Mar 2011 Director British 0 - 10 (0.0%)
Resigned Martin Clement ROBERTS 18 May 1998 13 Nov 2000 Company Director British 0 - 10 (0.0%)
Resigned Brian Trevor SOUTHERN 20 Jan 1997 14 Apr 2006 General Manager British 0 - 10 (0.0%)
Resigned Grant Fraser WESTCOTT 14 Jun 1994 06 Aug 1998 Accountant British 0 - 95 (55.6%)
Resigned Thomas William Robert WHITE 25 Jul 1994 Consultant British 0 - 20 (0.0%)
Resigned Dennis Victor MEAD 30 Jun 2008 Company Director British 0 - 30 (0.0%)
Resigned Philip Hugh MEESON 31 Aug 2005 Company Director British 3 - 2411 (40.7%)
Number of active directors: 4
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
2020-04-112016-04-112015-04-112014-04-112013-04-11
GULF AGENCY COMPANY LIMITEDREDEEMABLE PREFERENCE SHARES6,140,960
93.9%
0
0%
0
0%
0
0%
0
0%
GULF AGENCY COMPANY LIMITEDORDINARY400,000
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
Do you have a dispute with a business?
Make it public