GFS Logistics Limited
Registered name: GFS LOGISTICS LIMITED
Part of Yusen Logistics Global Management Co., Ltd. groupGFS Logistics Limited made £411k revenue and a £4.5m loss in the year to 31 Mar 2024. read from filing text
GFS Logistics Limited’s revenue fell 1% to £411k in the year to 31 Mar 2024, with a loss of £4.5m and 0 employees. The company is classified under “other business support service activities” and is based in Sheffield; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Sheffield, Yorkshire and The Humber
- Age
- 11 yrs · since 2015
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The immediate parent company is Global Freight Solutions (Holdings) Limited, registered office: C/o Irwin Mitchell LLP, Riverside East, 2 Millsands, Sheffield, South Yorkshire, UK, S3 8DT.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £415k | £411k |
| Profit before tax | −£21.9k | −£4.5m |
| Profit after tax | −£19.2k | −£4.5m |
| Profit (best available) | −£19.2k | −£4.5m |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | −4.6% | −1087% |
| Growth (year on year) | ||
| Revenue growth | — | ▼1% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £41.2k | £3.5k |
| Net assets | −£427k | −£4.9m |
| Fixed assets | £86.6k | £1 |
| Current assets | £3.6m | £132k |
| Debtors | £3.5m | £129k |
| Deferred income | £651 | £5.5k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- −1087%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 31.3%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now −£4.9m
- Cash at bank
- ▼91%
- Now £3.5k
- Headcount
- —
- Now 0
- Deferred income
- ▲750%
- Now £5.5k
- Fixed assets
- ▼100%
- Now £1
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Yusen Logistics Global Management Co., Ltd. (registered outside the UK register)ultimate parent75–100%
- International Logistics Group Limited75–100%
- Noel Topco Limited75–100%
- Noel Midco Limited75–100%
- Noel Cleanco Limited75–100%
- Noel Bidco Limited75–100%
- Global Freight Solutions (Holdings) Limited75–100%
- GFS Logistics Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Intermail LimitedActive - Proposal to Strike offRev. £1.7m · Profit −£893k
Sister companies (2)
- GFS Parcels LimitedActive - Proposal to Strike offFigures not disclosed
- GFS Technology LimitedActive - Proposal to Strike offRev. — · Profit −£729
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£4.5m), from the Companies House accounts bulk data published Dec 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.