Ait Worldwide Logistics (UK) Limited in Newcastle Upon Tyne, NE4 5DE

Description

Data updated on: 01-11-2023

Ait Worldwide Logistics (UK) Limited 's been in the business for at least 40 years. Registered with number 01846207 in 1984, it is located at C/o Womble Bond Dickinson (uk) Llp The Spark, Newcastle Upon Tyne NE4 5DE. It has been already five years since Ait Worldwide Logistics (UK) Limited is no longer identified under the name Connexion World Cargo. This business's Standard Industrial Classification Code is 52290 meaning Other transportation support activities. Ait Worldwide Logistics (UK) Ltd reported its account information for the financial year up to 2021-12-31. The business most recent confirmation statement was filed on 2023-01-26.

Connexion World Cargo Ltd is a medium-sized vehicle operator with the licence number OH1015807. The firm has two transport operating centres in the country. In their subsidiary in Exeter on Exeter Airport, 3 machines and 1 trailer are available. The centre in Slough on Blackthorne Road has 7 machines and 3 trailers.

With two recruitment offers since 2017-11-23, Ait Worldwide Logistics (UK) has been relatively active on the labour market. On 2017-11-30, it started seeking candidates for a full time Hgv Class 1 Driver post in Slough, and on 2017-11-23, for the vacant post of a full time Hgv 2 Driver in Slough.

The data at our disposal that details the following firm's MDs indicates there are four directors: Keith T., William M., Kory G. and Raymond F. who assumed their respective positions on November 30, 2018.

Previous company's names
Ait Worldwide Logistics (UK) Limited 2019-04-01
Connexion World Cargo Limited 1984-09-06

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2019-12-31	2020-12-31
Currency
Net Worth	1 222 663	1 581 177	2 043 262

Balance Sheet
Cash Bank In Hand	1 396 713	743 663	214 826
Cash Bank On Hand				2 386 065	2 787 527	3 456 934	1 747 026	728 467	944 528
Current Assets	3 414 305	2 991 636	3 255 803	5 339 162	5 965 912	6 323 739	8 539 989	8 599 076	12 042 452
Debtors	1 978 665	2 228 061	2 994 199	2 953 097	3 178 385	2 866 805	6 792 963	7 870 609	11 097 924
Net Assets Liabilities				2 315 535	2 615 606	3 288 588	3 890 338	4 071 946	4 439 601
Net Assets Liabilities Including Pension Asset Liability	1 222 663	1 581 177	2 043 262
Other Debtors				11 330		130 250			8 304
Property Plant Equipment				311 543	434 129	317 056	247 048	277 015	299 973
Tangible Fixed Assets	213 465	210 508	346 734

Capital & Reserves
Called Up Share Capital	50 250	50 250	50 250
Profit Loss Account Reserve	1 172 413	1 530 927	1 993 012
Shareholder Funds	1 222 663	1 581 177	2 043 262

Other Financial Data
Company Contributions To Money Purchase Plans Directors				88 641	48 358	5 507	4 224
Director Remuneration				281 757	294 504	277 163	148 813
Number Directors Accruing Benefits Under Money Purchase Scheme				2	2	2	2
Dividend Recommended By Directors								154 356	203 884
Accrued Liabilities Deferred Income				695 812	654 244	878 969	910 288	1 373 125	2 470 301
Accumulated Depreciation Impairment Property Plant Equipment				775 781	587 098	601 925	668 374	750 115	725 673
Additional Provisions Increase From New Provisions Recognised					28 827	4 744		1 903
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss						-18 146	-6 423		-11 536
Administrative Expenses				3 068 293	2 798 140	2 835 559	3 600 089	2 237 408	3 422 124
Amounts Owed By Group Undertakings				35 348	9 011	32 418	3 975 625	4 440 083	3 994 360
Amounts Owed To Group Undertakings				235 743	654 392	288 147	1 841 529	896 652	882 777
Applicable Tax Rate				20	19	19	19	19	19
Average Number Employees During Period				52	52	48	51	54	52
Comprehensive Income Expense				850 148	1 179 446	1 125 232	601 750	335 964	571 539
Corporation Tax Payable				90 273	119 901	160 565	20 161	180	56 248
Cost Sales				9 691 199	11 093 379	9 898 770	10 207 753	6 125 502	11 512 680
Creditors				29 027	3 741 623	3 327 541	4 878 456	4 783 999	7 895 763
Creditors Due After One Year	17 464	2 398	87 470
Creditors Due Within One Year	2 387 643	1 618 569	1 471 805
Current Tax For Period				221 649	269 627	280 565	140 161	28 430	131 206
Depreciation Expense Property Plant Equipment				104 436	110 989	108 055	80 054	81 741	102 137
Disposals Decrease In Depreciation Impairment Property Plant Equipment					299 672	93 228	13 605		126 579
Disposals Property Plant Equipment					362 037	102 246	13 605		137 020
Dividends Paid				577 875	879 375	452 250		154 356	203 884
Dividends Paid On Shares Interim				577 875	879 375	452 250		154 356	203 884
Finance Lease Liabilities Present Value Total				29 027	29 027
Future Minimum Lease Payments Under Non-cancellable Operating Leases				244 620	244 620	244 620	230 100	230 100	138 870
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss				52 784	72 271	52 862	44 763	123 587	167 620
Gain Loss On Disposals Property Plant Equipment				-1 273	-7	2 327	48		17 716
Gross Profit Loss				4 028 874	4 193 810	4 105 771	4 170 324	2 480 057	3 901 372
Increase From Depreciation Charge For Year Property Plant Equipment					110 989	108 055	80 054	81 741	102 137
Interest Expense On Loan Capital							13 293	16 460	29 257
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				4 601	4 339	2 072
Interest Payable Similar Charges Finance Costs				4 601	4 339	2 072	13 293	16 460	29 257
Issue Equity Instruments				50 250
Net Current Assets Liabilities	1 026 662	1 373 067	1 783 998	2 047 004	2 224 289	2 996 198	3 661 533	3 815 077	4 146 689
Number Shares Allotted		502 500	502 500
Number Shares Issued Fully Paid					502 500	502 500	502 500	502 500	502 500
Operating Profit Loss				1 085 506	1 478 868	1 386 580	668 414	287 407	571 374
Other Creditors				2 424	32 291	5 731	8 887
Other Deferred Tax Expense Credit				13 985	28 827	-18 146	-6 423	1 903	-13 085
Other Interest Receivable Similar Income Finance Income				4 877	3 371	3 143	80 367	95 350	147 543
Other Operating Income Format1				124 925	83 198	116 368	98 179	44 758	92 126
Other Taxation Social Security Payable				31 636	33 413	42 293	50 808	77 645	75 270
Par Value Share		0	0		10	10	10	10	10
Pension Other Post-employment Benefit Costs Other Pension Costs				162 682	68 484	53 289	58 698	35 881	63 172
Prepayments				86 659	118 866	37 627	47 389	113 988	540 434
Prepayments Accrued Income Current Asset	38 927	19 912	46 778
Profit Loss				850 148	1 179 446	1 125 232	601 750	335 964	571 539
Profit Loss On Ordinary Activities Before Tax				1 085 782	1 477 900	1 387 651	735 488	366 297	689 660
Property Plant Equipment Gross Cost				1 087 324	1 021 227	918 981	915 422	1 027 130	1 025 646
Provisions				13 985	81 421	86 165	86 165	86 165	74 629
Provisions For Liabilities Balance Sheet Subtotal				13 985	42 812	24 666	18 243	20 146	7 061
Recoverable Value-added Tax				22 189	26 919	27 596	24 353	40 284	32 405
Share Capital Allotted Called Up Paid	50 250	50 250	50 250
Social Security Costs				191 264	163 336	179 030	205 470	113 997	193 476
Staff Costs Employee Benefits Expense				2 078 807	1 836 394	1 963 787	2 179 165	1 285 820	1 999 166
Tangible Fixed Assets Cost Or Valuation	812 683	854 427	1 036 777
Tangible Fixed Assets Depreciation	599 218	643 919	690 043
Tax Expense Credit Applicable Tax Rate				217 156	280 801	263 654	139 743	69 596	131 035
Tax Increase Decrease From Effect Capital Allowances Depreciation				-601	-23 658	14 202	8 407	-1 912	171
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				5 094	1 161	2 159	20 025	65
Tax Tax Credit On Profit Or Loss On Ordinary Activities				235 634	298 454	262 419	133 738	30 333	118 121
Total Additions Including From Business Combinations Property Plant Equipment					295 940		10 046	111 708	135 536
Total Assets Less Current Liabilities	1 240 127	1 583 575	2 130 732	2 358 547	2 658 418	3 313 254	3 908 581	4 092 092	4 446 662
Total Operating Lease Payments				336 333	371 651	286 830	344 683	190 635	329 365
Trade Creditors Trade Payables				2 186 208	2 218 355	1 951 836	2 046 783	2 436 397	4 411 167
Trade Debtors Trade Receivables				2 797 894	3 022 989	2 637 306	2 744 883	3 261 282	6 496 217
Turnover Revenue				13 720 073	15 287 189	14 004 541	14 378 077	8 605 559	15 414 052
Wages Salaries				1 724 861	1 604 574	1 731 468	1 914 997	1 135 942	1 742 518
Amounts Recoverable On Contracts									26 204
Corporation Tax Recoverable								14 972
Dividend Per Share Interim								154 356	41

Company staff

Keith T.

Role: Director

Appointed: 30 November 2018

Latest update: 20 March 2024

William M.

Role: Director

Appointed: 30 November 2018

Latest update: 20 March 2024

Kory G.

Role: Director

Appointed: 30 November 2018

Latest update: 20 March 2024

Raymond F.

Role: Director

Appointed: 30 November 2018

Latest update: 20 March 2024