HAPAG-LLOYD (U.K.) LIMITED

1. Credit Opinion: CONDITIONAL

Hapag-Lloyd (U.K.) Limited is an active UK private limited company incorporated in 1936, operating in transportation support activities (SIC 52290). It is controlled by Hapag-Lloyd Aktiengesellschaft, which holds more than 75% of shares, voting rights, and the right to appoint and remove directors, indicating strong parent-company ownership. However, the data provided does not include balance sheet, profit and loss, or cash flow figures from the filed accounts, so repayment capacity cannot be assessed. A credit facility should only be considered on a conditional basis, pending receipt of recent financial statements, confirmation of any parental guarantee or group support, and satisfactory review of banking conduct.

2. Financial Strength

The company has share capital of £910,000 and files full statutory accounts. Its accounts are not overdue, with the last accounts made up to 31 December 2025 and the next filing due 30 September 2027. The corporate parent, Hapag-Lloyd Aktiengesellschaft, holds more than 75% of the company’s shares and voting rights. No balance sheet figures—such as fixed assets, current assets, current liabilities, net assets, or shareholders’ funds—are included in the data provided. Consequently, net worth, gearing, asset quality, and capital adequacy cannot be evaluated from the information available.

3. Cash Flow Assessment

No cash flow statement, debtor, creditor, or cash balance data is included in the company data. Liquidity, working capital, and debt-service coverage cannot be assessed. While the company’s ownership by a large international shipping and logistics group may provide access to group treasury or funding arrangements, this is not evidenced in the data. The ability to service debt obligations or honor commercial agreements cannot be determined without trading cash flow and liquidity figures.

4. Monitoring Points

• Obtain and analyse the annual accounts made up to 31 December 2025 when they become available (next filing due 30 September 2027).
• Confirm whether Hapag-Lloyd Aktiengesellschaft provides any guarantee, letter of comfort, or group cash-pooling arrangement.
• Track changes to the persons with significant control register and board composition, including any director resignations or appointments.
• Monitor confirmation statement compliance (next due 31 May 2027).
• Review exposure to cyclicality in global shipping and logistics support activities, given the SIC 52290 classification.
• Obtain recent management accounts and bank account conduct if a facility is progressed.