DSV COMMERCIALS LIMITED
Get an alert when DSV COMMERCIALS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£36K
-81.4% lowest in 3 filed years
Net assets
£1M
-33.3% lowest in 3 filed years
Employees
24
0% vs 2024
Profit before tax
£447K
-10.4% vs 2024
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £4,593,000 | £4,571,000 | £4,422,000 | -3.3% | |
| Operating profit | £419,000 | £457,000 | £424,000 | -7.2% | |
| Profit before tax | £436,000 | £499,000 | £447,000 | -10.4% | |
| Net profit | £327,000 | £356,000 | £348,000 | -2.2% | |
| Cash | £336,000 | £194,000 | £36,000 | -81.4% | |
| Total assets less current liabilities | £1,474,000 | £1,539,000 | £1,026,000 | -33.3% | |
| Net assets | £1,453,000 | £1,509,000 | £1,007,000 | -33.3% | |
| Equity | £1,453,000 | £1,509,000 | £1,007,000 | -33.3% | |
| Average employees | 25 | 24 | 24 | 0% | |
| Wages | £980,000 | £976,000 | £1,010,000 | +3.5% | |
| Directors' remuneration | — | — | — | — |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 9.1% | 10.0% | 9.6% | |
| Net margin | 7.1% | 7.8% | 7.9% | |
| Return on capital employed | 28.4% | 29.7% | 41.3% | |
| Gearing (liabilities / total assets) | 38.1% | 37.8% | — | |
| Current ratio | 2.39x | 2.45x | 1.94x | |
| Interest cover | 83.80x | 91.40x | — |
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. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- DSV COMMERCIALS LIMITED 2007-01-09 → present
- THOROUGHBRED TRUCKS LIMITED 1999-12-17 → 2007-01-09
- MILEFARM LIMITED 1999-12-13 → 1999-12-17
- MILEFARM LIMITED 1999-11-10 → 1999-12-13
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 company therefore continues to adopt the going concern basis in preparing its financial statements.”
Group structure
- DSV COMMERCIALS LIMITED · parent
- DSV Road Holding Limited
Significant events
- “During the year, the directors have authorised and paid a dividend of £850,000 (2024: £299,575). No further dividends have been proposed between 31 December 2025 (2024: £nil) and the date of approval of the financial statements. The retained profit for the year has been transferred to reserves.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WATTS, Nichola Claire | Secretary | 2026-02-14 | — | — |
| DIESEN, Pierre Van | Director | 2025-06-09 | May 1974 | Dutch |
| MALMQVIST, Magnus Nils | Director | 2025-06-09 | Apr 1973 | Swedish |
| THYGESEN, Jesper Krupa | Director | 2025-06-09 | Nov 1978 | Danish |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LONCKE, Larsen Jan | Secretary | 2025-05-15 | 2026-02-14 |
| RIDSDALE, Gary Maurice | Secretary | 2004-09-24 | 2025-05-15 |
| WILDE, Alistair Peter | Secretary | 1999-11-10 | 2004-09-24 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 1999-11-10 | 1999-11-10 |
| ANDERSEN, Jens Bjorn | Director | 2014-01-20 | 2017-06-20 |
| ANDERSEN, Jens Bjorn | Director | 2003-11-26 | 2009-02-01 |
| FOWLER, Andrew James | Director | 2008-09-22 | 2010-07-02 |
| GALYER, Victor James | Director | 1999-12-01 | 2008-09-19 |
| HANSEN, Jesper Kenneth | Director | 2013-06-17 | 2025-06-12 |
| HANSEN, Johannes Peter Hoetberg | Director | 2001-06-29 | 2008-09-05 |
| HANSEN, Orla | Director | 2000-11-20 | 2003-11-26 |
| HOLMSTRUP, Kasper | Director | 2024-10-24 | 2025-09-01 |
| LARSEN, Kurt Kokhauge | Director | 2000-11-20 | 2008-09-05 |
| LUND, Jens Hesselberg | Director | 2014-01-20 | 2024-10-24 |
| MARSHALL, Christopher | Director | 2008-09-22 | 2013-11-01 |
| OLESEN, Rene Falch | Director | 2008-01-03 | 2013-11-01 |
| PEDERSEN, Ebbe Soren Kohler | Director | 1999-11-10 | 2000-11-20 |
| SCHMIDT, Soren | Director | 2014-01-20 | 2025-06-12 |
| TIMMIS, Karl Christopher | Director | 2011-03-01 | 2013-11-01 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 1999-11-10 | 1999-11-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dsv Road Holding Limited | Corporate entity | Shares 75–100% | 2022-11-04 | Active |
| Dsv A/S | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2022-11-04 |
Filing timeline
Last 20 of 130 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-18 | AA | accounts | Accounts with accounts type full | |
| 2026-02-17 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-02-17 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-10-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-21 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-05-21 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-05-15 | AA | accounts | Accounts with accounts type full | |
| 2024-11-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-14 | AA | accounts | Accounts with accounts type full | |
| 2023-11-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-15 | AA | accounts | Accounts with accounts type full | |
| 2022-11-04 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.