AGM RELOCATION LIMITED
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Cash
£1.3M
+127.5% highest in 5 filed years
Net assets
-£6.9M
-13.6% lowest in 6 filed years
Employees
306
-3.2% vs 2024
Profit before tax
-£906K
-34.1% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The financial statements show a loss for the year of £914,140 (2024: £612,213 as restated) and net liabilities of £6,915,583 (2024: £6,086,518 as restated). These conditions indicate the existence of a material uncertainty which may cast significant doubt on the Group's ability to continue as a going concern.
-
Going-concern uncertainty disclosed
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Negative shareholders' funds
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-06-30
| Metric | Trend | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £42,304,676 | £37,375,310 | £36,304,412 | -2.9% | |
| Operating profit | — | — | — | -£302,786 | -£437,123 | -£519,110 | -18.8% | |
| Profit before tax | — | — | — | -£603,674 | -£675,561 | -£905,701 | -34.1% | |
| Net profit | — | -£10,882 | -£218,589 | -£752,689 | -£612,213 | -£914,140 | -49.3% | |
| Cash | — | £10,218 | £18,106 | £847,646 | £561,907 | £1,278,090 | +127.5% | |
| Total assets less current liabilities | -£884,004 | £7,833,072 | £7,766,712 | £1,874,291 | £1,962,022 | £1,442,130 | -26.5% | |
| Net assets | -£884,004 | -£413,877 | -£632,466 | -£6,381,257 | -£6,086,518 | -£6,915,583 | -13.6% | |
| Equity | -£884,004 | -£413,877 | -£632,466 | -£6,381,257 | -£6,086,518 | -£6,915,583 | -13.6% | |
| Average employees | 3 | 5 | 32 | 286 | 316 | 306 | -3.2% | |
| Wages | — | — | — | £11,412,441 | £10,846,053 | £11,204,230 | +3.3% | |
| Directors' remuneration | — | — | — | £583,647 | £630,818 | £672,966 | +6.7% |
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 | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -0.7% | -1.2% | -1.4% | |
| Net margin | — | — | — | -1.8% | -1.6% | -2.5% | |
| Return on capital employed | — | — | — | -16.2% | -22.3% | -36.0% | |
| Current ratio | — | — | — | 0.69x | 0.66x | 0.67x | |
| Interest cover | — | — | — | -0.97x | -1.73x | -1.27x |
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 1 time since incorporation
- AGM RELOCATION LIMITED 2017-03-24 → present
- METIS (1403) LIMITED 2014-03-14 → 2017-03-24
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- BKL Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The financial statements show a loss for the year of £914,140 (2024: £612,213 as restated) and net liabilities of £6,915,583 (2024: £6,086,518 as restated). These conditions indicate the existence of a material uncertainty which may cast significant doubt on the Group's ability to continue as a going concern.”
Group structure
- AGM RELOCATION LIMITED · parent
- Momentous Relocation Limited
- Gerson Relocation Limited
- Abels Moving Services Limited
- Global Moving Services Limited
- Brighton 2020 Limited
- AGM Bishops Limited
- Gerson BV
- AGM Relocation (Gibraltar)
- Michael Gerson Relocation Limited
- UTS Move Managers Limited
- ICM Gerson Limited
- Michael Gerson Limited
- ICMG Relocation Limited
- The Senior Move Partnership Limited
Significant events
- “The business in The Netherlands had to cease trading in May 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BINGLE, Alistair Paul Robert | Director | 2024-04-01 | Oct 1965 | British |
| COSTA-RISING, Mark | Director | 2021-04-30 | Nov 1965 | British |
| DUGARD, Kirk, Mr. | Director | 2022-02-01 | Jun 1954 | British |
| SAMPSON, Stephen Samuel | Director | 2021-04-20 | Oct 1957 | British |
| SARGENT, Colin Trevor | Director | 2022-11-16 | Feb 1976 | British |
| START, Russell James | Director | 2018-12-19 | Nov 1964 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| EVANS, Paul John | Director | 2014-03-14 | 2021-03-16 |
| HIBBERT, David Michael, Mr. | Director | 2022-02-01 | 2025-11-11 |
| MCGREAL, Lawrence Edward | Director | 2018-12-19 | 2021-04-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ms India Abigail Sargent | Individual | Shares 50–75% | 2021-03-16 | Active |
| The Executors Of The Estate Of The Late Paul John Evans | Individual | Shares 75–100% | 2017-03-14 | Ceased 2021-03-16 |
Filing timeline
Last 20 of 59 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-29 | AA | accounts | Accounts with accounts type group | |
| 2026-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-20 | AA01 | accounts | Change account reference date company previous shortened | |
| 2025-11-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-07 | AA | accounts | Accounts with accounts type group | |
| 2025-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-22 | AA | accounts | Accounts with accounts type group | |
| 2024-04-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-15 | AA01 | accounts | Change account reference date company previous extended | |
| 2023-08-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-03 | AA | accounts | Accounts with accounts type group | |
| 2023-06-09 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-06-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-03-24 | AA | accounts | Accounts with accounts type group | |
| 2022-02-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-28 | AP01 | officers | Appoint person director company with name date | |
| 2022-02-25 | AP01 | officers | Appoint person director company with name date | |
| 2022-01-29 | PSC01 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.