DSV LEAD LOGISTICS LIMITED

• ◆

  Material uncertainty over going concern

  As the Company participates in an intercompany funding facility and does not, therefore, fully control its cash flows and its liquidity position, the Directors have received a letter of financial support from DSV A/S that it will provide financial support to the company such that the company is able to operate as a going concern and to settle its liabilities as they fall due. That undertaking will remain in place for the foreseeable future and will not be withdrawn for a period of at last 12 months from the date of approval of these financial statements. The directors have a reasonable expectation that the company will be able to continue in existence for the foreseeable future.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

• ·

  Going-concern uncertainty disclosed

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. DSV LEAD LOGISTICS LIMITED 2022-03-02 → present
2. AGILITY PROJECT LOGISTICS LIMITED 2009-03-19 → 2022-03-02
3. TRANSOCEANIC PROJECTS LIMITED 1997-12-02 → 2009-03-19
4. MYLOMODE LIMITED 1997-08-18 → 1997-12-02

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As the Company participates in an intercompany funding facility and does not, therefore, fully control its cash flows and its liquidity position, the Directors have received a letter of financial support from DSV A/S that it will provide financial support to the company such that the company is able to operate as a going concern and to settle its liabilities as they fall due. That undertaking will remain in place for the foreseeable future and will not be withdrawn for a period of at last 12 months from the date of approval of these financial statements. The directors have a reasonable expectation that the company will be able to continue in existence for the foreseeable future.”

Group structure

1. DSV LEAD LOGISTICS LIMITED · parent
   1. DSV GIL Ireland Limited 100% · Ireland · In liquidation

Significant events

• “The directors have agreed with the company's auditors that the auditor's liability to damages for breach of duty in relation to the audit of the company's financial statements for the year to 31st December 2025 should be limited to the greater of £5 million or 5 times the auditor's fees.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

2

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.