COMPASS SUPPLY SOLUTIONS LIMITED
Company number 03176107 · Monitor this company
Executive summary
Compass Supply Solutions is a niche travel retail alcohol wholesaler that has suffered significant margin collapse and balance sheet deterioration, with gross margins falling from 21% to 7%—well below the 15-25% industry norm. The company's near-zero cash position and 13% revenue decline indicate a business under severe competitive pressure, likely reflecting scale disadvantage against larger distributors and the ongoing fragility of the duty-free travel sector's post-pandemic recovery. The acquisition by HT Drinks Holdings represents a necessary strategic intervention, providing the capital and supply chain infrastructure required to stabilise the business and pursue the margin recovery that the current standalone financial profile cannot support.
Shareholders' funds
£1,629,239
Balance sheet as at 2024-10-31
What it does
logistics.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1996-03-21
- Employees
- 37 (2024 accounts · was 38 in 2023)
- Registered office
- Unit 3 Crompton Way, Segensworth West, Fareham, Hampshire, England, PO15 5SS
- Postcode
- PO15 5SS
- Capital
- 3 GBP
- Accounts category
- Medium
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2024-10-31
- Next due by
- 2026-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-03-21
- Next due by
- 2027-04-04
Nature of business (SIC)
- 46342 Wholesale of wine, beer, spirits and other alcoholic beverages
Officers 2 current · 21 resigned
Group structure 2 subsidiaries
Controlled by HT DRINKS HOLDINGS LTD — since 2026-03-26
Controlled by SHARVILLE INVESTMENTS LTD — since 2018-08-31
Controlled by CSS GROUP LIMITED — since 2016-04-06
-
CSS CHILL CHAIN LIMITED Dissolved
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA339065 (Tier 1), registered since 2018.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous company names
| Name | Date changed |
|---|---|
| COMPASS TRADING (UK) LIMITED | 2006-04-05 |
| COMPASS CLOTHING COMPANY LIMITED | 1996-11-29 |
| LONGMORE TRADING COMPANY LIMITED | 1996-04-24 |
Previous registered addresses 3
| Address | Changed on |
|---|---|
| UNITS 6-8 BIRDHAM BUSINESS PARK, BIRDHAM ROAD, CHICHESTER, WEST SUSSEX, PO20 7BT | 2020-05-12 |
| AVENUE HOUSE, SOUTHGATE, CHICHESTER, WEST SUSSEX, PO19 1ES | 2012-03-02 |
| 18 DOLPHIN COURT, THE STEYNE, BOGNOR REGIS, WEST SUSSEX PO21 1TP | 1996-04-22 |
Among its peers
Top 10%
by shareholders' funds, of 38 similar companies in PO
The largest employer among its local peers (37 staff).
Among the oldest 25% of its local peers, trading since 1996.
Competitors Portsmouth
This company ranks 2 among wholesale of wine, beer, spirits and other alcoholic beverages in Portsmouth.
The class of 1996
45%
of the 41,233 companies incorporated in 1996 are still active today; 52% have since been dissolved.
A fact about the year, not a forecast for this company.