REGISTERED NUMBER: 08591221 (England and Wales)

Intermodal Logistics Services Ltd

Financial Statements for the Period 1st April 2024 to 31st December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Gostling

A P M Van Der Harten

REGISTERED OFFICE:

Lancaster Approach

North Killingholme

Immingham

N E Lincolnshire

DN40 3JZ

REGISTERED NUMBER:

08591221 (England and Wales)

AUDITORS:

Smailes Goldie

Chartered Accountants

Statutory Auditor

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

CURRENT ASSETS

Debtors

4

146

146

Cash at bank

-

351

146

497

CREDITORS

Amounts falling due within one year

5

36,901

37,252

NET CURRENT LIABILITIES

(36,755

)

(36,755

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(36,755

)

(36,755

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(36,756

)

(36,756

)

SHAREHOLDERS' FUNDS

(36,755

)

(36,755

)

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th January 2026 and were signed on its behalf by:

P Gostling - Director

1.	STATUTORY INFORMATION

Intermodal Logistics Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern

These financial statements are prepared on a going concern basis. The directors have a reasonable expectation that the company and its subsidiaries will continue in operational existence for the foreseeable future. Due to the nature of the company and its subsidiaries' operations, they are supported by the ultimate parent group, headed by Samskip Holding B.V, the ultimate parent company, who have confirmed their support will continue for a period of at least twelve months from the date these financial statements were approved.

The consolidated financial statements of Samskip Holding BV for the year ended 31 December 2024 and approved by the Directors on 22 December 2025, noted certain factors which cast doubt on the group's ability to continue to adopt the going concern basis of accounting. These are fully disclosed in the group's financial statements (Note 2.1) which are publicly available and, in summary, relate to difficult market conditions, breach of external borrowing covenants in FY24 and FY25 for which waivers were obtained, and successful implementation of the group's Long Term Plan which includes a number of restricting measures.

The group's Directors concluded that the objectives of the restructuring plan were feasible and achievable within FY26. On this basis, the group's Directors concluded that it remained appropriate to continue to adopt the going concern basis of accounting. The group's independent auditors' report included an Emphasis of Matter relating to going concern, specifying that one bank facility is uncommitted, however their opinion was not modified in respect of these matters.

Having given due consideration to these factors and the forecasts and liquidity requirements of the company and its subsidiaries, the Directors have concluded that it remains appropriate to adopt the going concern basis of accounting in these financial statements.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Other debtors

146

146

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Amounts owed to group undertakings

32,401

32,752

Other creditors

4,500

4,500

36,901

37,252

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Matthew Fox FCCA (Senior Statutory Auditor)

for and on behalf of Smailes Goldie

7.	ULTIMATE PARENT COMPANY

At the balance sheet date the company's immediate and parent undertaking was Humber Ports Holding Limited. The ultimate controlling party was Humber Ports Holding Limited.

The results are consolidated within the results of Humber Ports Holding Limited whose financial statements can be obtained from Lancaster Approach, North Killingholme, Immingham, England, DN40 3JZ. The company's results are not consolidated in any other group.

The ultimate parent company from 20 October 2022 is Samskip Holding B.V. of Waalhaven O.Z. 81, Rotterdam, the Netherlands which is registered with the Trade Register at the Chamber of Commerce under number 24420592.

Mr O Olafsson and Ms I Kristjansdottir are the joint ultimate controlling parties.