CYGNIA LOGISTICS LIMITED

METHUEN PARK, METHUEN PARK, CHIPPENHAM, SN14 0WT

Previous name: DALEPAK LIMITED (changed on 08-Jan-2018)

Company Number: 03748474
Incorporation date: 08-Apr-1999
Status: Active
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
52103 Operation of warehousing and storage facilities for land transport activities
52290 Other transportation support activities

SUMMARY

This company is 25.5 years old and is currently active. It is controlled by Dalepak Holdings Limited. The company has positive equity (net assets) of GBP 6.8 million which has decreased from the previous year's figure of GBP 7.3 million. The latest reported revenue figure is GBP 52.3 million which is up 20% on previous year's figure of GBP 45.4 million. The company has 2 active officers (directors or partners) who are or were officers of 44 other companies, 7 (15.9%) 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: 31-Dec-2024
Accounts Filed: FULL (31-Mar-2023)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
31-Mar-2019	GBP	52,329,956	-544,687	2,297	151,268		-500,931
31-Mar-2018	GBP	45,373,369	788,328	1,421	70,018	-225,857
31-Mar-2017	GBP	41,270,028	2,367,391	4,951	53,335	161,314	2,108,007
31-Mar-2016	GBP	34,135,745	2,957,369	5,490	21,774	445,656	2,495,429

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Retained Earnings	Net Assets
31-Mar-2019	GBP	1,371,613	13,576,506	8,680,613	7,120			6,810,180
31-Mar-2018	GBP	1,230,038	14,474,881	8,097,660		8	7,311,103	7,311,111
31-Mar-2017	GBP	2,107,317	14,343,180	8,103,517		8	6,817,230	6,817,238
31-Mar-2016	GBP	4,429,744	11,809,871	7,463,560		8	4,870,537	4,870,545

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
31-Mar-2019	GBP	inf%	-8	8	0	-1,297,262

* 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	Lyn Carol COLLOFF	10 Sep 2021	07 Oct 2024			1 - 0
Resigned	Michael WHITE	08 Apr 1999	15 Apr 2016	Director	British	2 - 5

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Rachel WARREN	11 May 2023		Financial Director	British	2 - 0	0 (0.0%)
Resigned	James Ian CLARKE	01 Mar 2022	25 Apr 2023	Finance Director	British	1 - 13	0 (0.0%)
Resigned	Timothy Charles LAWLOR	10 Sep 2021	28 Feb 2022	Chief Financial Officer	British	1 - 44	8 (17.8%)
Active	James Peter Daniel WROATH	10 Sep 2021		Chief Executive Officer	British	30 - 15	8 (17.8%)
Resigned	Timothy Charles LAWLOR	10 Sep 2021	28 Feb 2022	Chief Financial Officer	British	84 - 44	8 (6.3%)
Resigned	Kevin John RIDDLE	01 Jul 2020	10 Sep 2021	Chief Financial Officer	British	0 - 11	2 (18.2%)
Resigned	Paul Andrew YOUNG	29 Apr 2020	10 Sep 2021	Operations Director	British	1 - 6	2 (28.6%)
Resigned	Robert Jan THOMPSON	30 Nov 2018	29 Apr 2020	Chartered Accountant	British	5 - 54	5 (8.5%)
Resigned	Ian Winston TURNER	30 Nov 2018	23 Sep 2019	Director	British	1 - 4	0 (0.0%)
Resigned	Glenn Jonathan LINDFIELD	20 Jun 2018	10 Sep 2021	Ceo	British	1 - 20	5 (23.8%)
Resigned	Simon CLIFFORD	20 Jun 2018	10 Sep 2021	Sales Director	British	0 - 4	0 (0.0%)
Resigned	Scott MCGINLEY	15 Apr 2016	28 Feb 2018	Director	British	0 - 5	1 (20.0%)
Resigned	Nicholas Edward FROGBROOK	15 Apr 2016	24 Oct 2018	Director	British	0 - 32	9 (28.1%)
Resigned	Stewart OADES	15 Apr 2016	01 Jun 2018	Director	British	8 - 32	6 (15.0%)
Resigned	David Frank TRACEY	15 Apr 2016	09 Mar 2017	Director	British	1 - 15	6 (37.5%)
Resigned	Nicholas Edward FROGBROOK	15 Apr 2016	24 Oct 2018	Director	British	0 - 12	1 (8.3%)
Resigned	David Roger FURLONG	01 Feb 2011	15 Apr 2016	None	British	0 - 1	0 (0.0%)
Resigned	Sean Charles CURT	01 Feb 2011	15 Apr 2016	None	British	1 - 1	0 (0.0%)
Resigned	Scott Christopher MERRICK	01 Feb 2011	10 Sep 2021	None	British	4 - 4	0 (0.0%)
Resigned	TEMPLE SECRETARIES LIMITED	08 Apr 1999	08 Apr 1999			14 - 60080	29589 (49.2%)
Resigned	Michael FINN	08 Apr 1999	15 Apr 2016	Business Director	British	1 - 4	2 (40.0%)
Resigned	Andres REDONDO	08 Apr 1999	29 Nov 2006	Business Director	British	2 - 7	1 (11.1%)
Resigned	Gary Michael WHITE	08 Apr 1999	15 Apr 2016	Business Director	British	2 - 5	2 (28.6%)
Resigned	Michael WHITE	08 Apr 1999	15 Apr 2016	Director	British	2 - 5	2 (28.6%)
Resigned	Gwen BALORY	08 Apr 1999	30 Jun 2003	Business Director	British	0 - 1	0 (0.0%)

Number of active directors: 2
Average tenure of active directors: 2.2 years
Average tenure of resigned directors: 4.7 years
Average active director Dissolution Rate: 8.9%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Rachel WARREN	James Peter Daniel WROATH
NAIR PROPERTIES LIMITED (00155936) - Active		✔
STOREDCO LIMITED (00249080) - Active		✔
WINCANTON TRANS EUROPEAN LIMITED (00309953) - Active		✔
W O BRADSTREET LIMITED (00369591) - Active		✔
WINCANTON GROUP LIMITED (00441712) - Active		✔
RDL DISTRIBUTION LIMITED (00527890) - Active		✔
WINCANTON AIR & OCEAN LIMITED (00648082) - Active		✔
GLASS GLOVER MANAGEMENT SERVICES LIMITED (00765435) - Active		✔
W. CARTER (HAULAGE) LIMITED (00830181) - Active		✔
LANE GROUP PLC (00957723) - Active		✔
TRANS EUROPEAN HOLDINGS LIMITED (00968911) - Active		✔
EAST ANGLIA FREIGHT TERMINAL (HOLDINGS) LIMITED (00988655) - Active		✔
WINCANTON LOGISTICS LIMITED (01077901) - Active		✔
PULLMAN FLEET SERVICES LIMITED (01145215) - Active - Proposal to Strike off		✔
C.E.L. (ENGINEERING) LIMITED (01183050) - Active		✔
EAST ANGLIA FREIGHT TERMINAL LIMITED (01485857) - Active		✔
WINCANTON HIGH TECH LIMITED (01508838) - Active		✔
C.E.L. GROUP LIMITED (01600201) - Active		✔
WINCANTON HOLDINGS LIMITED (02155951) - Active		✔
GLASS GLOVER GROUP LIMITED (02188414) - Active		✔
SWALES HAULAGE LIMITED (02271282) - Active		✔
ROADTANKS LIMITED (02477316) - Active		✔
HOUSE OF HILL LIMITED (02486077) - Active - Proposal to Strike off		✔
WINCANTON VEHICLE RENTALS LIMITED (02588365) - Active - Proposal to Strike off		✔
PRODUCT SUPPORT LIMITED (02973863) - Active		✔
UDS PROPERTIES LIMITED (03025296) - Active - Proposal to Strike off		✔
HANBURY HOLDINGS LIMITED (03257682) - Active		✔
CEL (LOGISTICS) LIMITED (03375922) - Active		✔
DALEPAK HOLDINGS LIMITED (03516003) - Active		✔
HANBURY DAVIES LIMITED (03582742) - Active		✔
RDL HOLDINGS LIMITED (03653781) - Active		✔
CYGNIA LOGISTICS LIMITED (03748474) - Active	✔	✔
HOUSE OF HILL HOLDINGS LIMITED (03888608) - Active - Proposal to Strike off		✔
HANBURY DAVIES CONTAINERS LIMITED (03895443) - Active - Proposal to Strike off		✔
WINCANTON LIMITED (04178808) - Active		✔
R-LOG LIMITED (04479548) - Active		✔
MINMAR (662) LIMITED (04949436) - Active - Proposal to Strike off		✔
WINCANTON UK LIMITED (05396052) - Active		✔
PRODUCT SUPPORT (HOLDINGS) LIMITED (05957074) - Active		✔
WINCANTON (NO.1) LIMITED (08993342) - Active - Proposal to Strike off		✔
WINCANTON (NO.2) LIMITED (08993347) - Active		✔
ONEVAST LIMITED (08998676) - Active	✔	✔
CALEDONIA BIDCO LIMITED (10089477) - Active		✔
DALEPAK LIMITED (11032539) - Active		✔
PULLMAN FLEET SOLUTIONS LIMITED (11057057) - Active		✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2016-04-08	2015-04-08	2014-04-08	2013-04-08	2012-04-08
DALEPAK HOLDINGS LIMITED	ORDINARY	80,000 100%	8 100%	0 0%	0 0%	0 0%
DALEPAK HOLDINGS LTD	ORDINARY	0 0%	0 0%	8 100%	8 100%	8 100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

- - 25-50%:Mr Andrew Charles Hayden - active
    >75%:Sovereign Capital Partners Llp - active
    Significant influence or control:Bb Shelf 4 Llp (Oc391632 - United Kingdom) active
    >75%:Sovereign Capital Iv Limited Partnership (Lp016077 - United Kingdom) ceased
    >75%:Caledonia Topco Limited (10084852 - United Kingdom) ceased
  - Significant influence or control:Mr Jean-Marc Chapus - ceased
  - Significant influence or control:Mr Mark Louis Attanasio - ceased
  - Significant influence or control:Sun Life Financial Inc - ceased
  - >75%:Wincanton Plc (4178808 - United Kingdom) active
    >75%:Wincanton Uk Limited (05396052 - United Kingdom) active
    >75%:Wincanton Holdings Limited (02155951 - United Kingdom) active
  >75%:Caledonia Bidco Limited (10089477 - United Kingdom) ceased
>75%:Dalepak Holdings Limited (03516003 - United Kingdom) ceased

Controlling entities above

CYGNIA LOGISTICS LIMITED

no controlled companies

LATE PAYMENTS REPORT

Start date	End date	Average days to pay	% invoices paid over 60 days	% invoices not paid within agreed terms	Gov.uk report
2021-04-01	2021-09-30	32	4%	44%	56205
2020-10-01	2021-03-31	30	3%	41%	44768
2020-04-01	2020-09-30	38	10%	75%	36789
2019-10-01	2020-03-31	41	19%	70%	29890
2019-04-01	2019-09-30	36	11%	68%	23896
2018-10-01	2019-03-31	37	10%	35%	14516
2018-04-01	2018-09-30	55	18%	38%	7517

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 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
CYGNIA LOGISTICS LIMITED	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.3%	1.3%	2.4%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.5%	1.8%	3.9%	Medium
Sic code count	1.0%	5.6%	10.9%	Medium