Agm Relocation Limited
Other transportation support activities · Potters Bar
ActiveUnited KingdomIncorporated 2014Private Limited Company
Financial position
Accounts to 2025-06-30 · GBP · Group accounts
Net assets
−£6,915,583
Cash
£1,278,090
Turnover
£36,304,412
Profit / loss
−£914,140
Current assets
£6,807,330
Creditors < 1 year
£10,152,333
Equity
−£6,915,583
Average employees
Not available
Balance-sheet trend
GBP · consolidatedTwo periods with a known, matching scope are needed for a trend.
Financial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-06-30Group · Amended · AI-read | 2024-06-3012 months · Company | 2023-07-01Company | 2023-06-3012 months | 2022-06-3012 months | 2021-07-01 | 2021-06-3012 months | 2020-07-01 | 2020-06-3012 months | 2019-07-01 | 2016-05-31 | 2015-05-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet | ||||||||||||
| Net assets | −£6,915,583 | £2,175,646 | £763,487 | −£945,902 | −£632,466 | — | −£413,877 | — | −£884,004 | — | £100 | £100 |
| Equity | −£6,915,583 | £2,175,646 | £763,487 | −£945,902 | −£632,466 | −£413,877 | −£413,877 | −£884,004 | −£884,004 | −£884,004 | £100 | £100 |
| Share capital | £200 | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings | −£9,170,789 | — | — | — | — | — | — | — | — | — | — | — |
| Assets | ||||||||||||
| Fixed assets | £4,787,133 | £8,764,413 | — | £8,626,332 | £8,225,007 | — | £1,861 | — | £1 | — | £571,357 | £571,357 |
| Intangible assets | £1,222,769 | — | — | — | — | — | — | — | — | — | — | — |
| Property, plant & equipment | £3,563,421 | £175,174 | — | £43,071 | £26,949 | — | £1,660 | — | — | — | — | — |
| Investments | £943 | — | — | — | — | — | — | — | — | — | — | — |
| Current assets | £6,807,330 | £3,253,104 | — | £2,120,698 | £2,374,070 | — | £9,098,465 | — | £530,249 | — | — | — |
| Cash at bank | £1,278,090 | £194,512 | — | £38,575 | £18,106 | — | £10,218 | — | — | — | — | — |
| Debtors | £412,204 | — | — | — | — | — | — | — | — | — | — | — |
| Stock | £133,301 | — | — | — | — | — | — | — | — | — | — | — |
| Liabilities | ||||||||||||
| Creditors within one year | £10,152,333 | £2,667,399 | — | £2,393,455 | £2,832,365 | — | £1,267,254 | — | £1,414,254 | — | — | — |
| Creditors after one year | £8,128,827 | £7,174,472 | — | £9,299,477 | £8,399,178 | — | £8,246,949 | — | — | — | £571,257 | £571,257 |
| Provisions | £228,886 | — | — | — | — | — | — | — | — | — | — | — |
| Net current assets | −£3,345,003 | £585,705 | — | −£272,757 | −£458,295 | — | £7,831,211 | — | −£884,005 | — | — | — |
| Assets less current liabilities | £1,442,130 | £9,350,118 | — | £8,353,575 | £7,766,712 | — | £7,833,072 | — | −£884,004 | — | £571,357 | £571,357 |
| Profit & loss | ||||||||||||
| Turnover | £36,304,412 | — | — | — | — | — | — | — | — | — | — | — |
| Cost of sales | £20,672,026 | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | £15,632,386 | — | — | — | — | — | — | — | — | — | — | — |
| Administrative expenses | £16,339,108 | — | — | — | — | — | — | — | — | — | — | — |
| Other operating income | £187,612 | — | — | — | — | — | — | — | — | — | — | — |
| Operating profit | −£519,110 | — | — | — | — | — | — | — | — | — | — | — |
| Interest receivable | £16,548 | — | — | — | — | — | — | — | — | — | — | — |
| Interest payable | £409,082 | — | — | — | — | — | — | — | — | — | — | — |
| Profit before tax | −£905,701 | — | — | — | — | — | — | — | — | — | — | — |
| Tax | £8,439 | — | — | — | — | — | — | — | — | — | — | — |
| Profit / loss | −£914,140 | £1,412,159 | — | −£313,436 | −£218,589 | — | −£10,882 | — | — | — | — | — |
| Operating costs | ||||||||||||
| Amortisation | £460,377 | — | — | — | — | — | — | — | — | — | — | — |
| People & pay | ||||||||||||
| Average employees | — | 31 | — | 34 | 32 | — | 5 | — | 3 | — | — | — |
| Highest paid director | £129,650 | — | — | — | — | — | — | — | — | — | — | — |
| Source evidence | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing |
From the accounts
What the accounts for 2025-06-30 say about themselves, read by AI from the scanned filing.
- Going concern
- The auditor reported a material uncertainty about going concern
- Comparatives
- Prior-year figures were restated
- Principal activity
- The Group's principal activity during the year was that of international and UK relocation, removals and storage.
- What it does
- international relocation · UK relocation · removals · storage (AI keywords)
- The year
- The board's strategy of growing revenue continued to be hampered this year by the economic and geo-political uncertainty both domestically and abroad. The downturn in the housing market due to persistent high interest rates and the aforementioned uncertainty, has impacted negatively on revenue. Revenue declined to £36.3M from £37.4M in 2024, a 4% drop.
- Auditor
- BKL Audit LLP · senior statutory auditor Catalina Feier FCA
- Audit opinion
- Clean (unmodified)
- Ultimate controlling party
- India Sargent
- Accounts
- Full accounts · FRS 102
- Approved
- 2026-06-29, signed by R J Start
Subsidiaries (14)
- Momentous Relocation Limited · 100% · Removals, relocation and storage
- Gerson Relocation Limited · 100% · Removals, relocation and storage
- Abels Moving Services Limited · 100% · Removals, relocation and storage
- Gerson Moving Services Limited · 100% · Removals, relocation and storage
- Brighton 2020 Limited · 100% · Dormant
- AGM Bishops Limited · 100% · Removals, relocation and storage
- Gerson BV · 100% · Removals, relocation and storage
- AGM Relocation (Gibraltar) · 100% · Removals, relocation and storage
- Michael Gerson Relocation Limited · 100% · Dormant
- UTS Move Managers Limited · 100% · Dormant
- ICM Gerson Limited · 100% · Dormant
- Michael Gerson Limited · 100% · Dormant
- ICMG Relocation Limited · 100% · Dormant
- The Senior Move Partnership Limited · 100% · Consultancy
Turnover by segment (4)
- United Kingdom: 32,527,413 (2025-06-30)
- Rest of the world: 3,776,999 (2025-06-30)
- United Kingdom: 34,995,625 (2024-06-30)
- Rest of the world: 2,379,685 (2024-06-30)
Related parties (2)
- ultimate controlling party · ultimate controlling party · Loans owed · £8,187,654
- ultimate controlling party · ultimate controlling party · Loans owed · £7,511,219
Principal risks (4)
- Seasonal fluctuations
- micro and macroeconomic trends
- UK housing market trends
- global trends affecting international businesses
Events after the year end (2)
- The Board closed the business operating in The Netherlands.
- Subsequent to the year-end, the Group closed down their subsidiary in the Netherlands.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesNo charges available in our records.