2excel Logistics Limited

2excel Logistics Limited, based in Wilstead, UK, is a sizable logistics and road haulage company with a fifteen-year history. Employing eighty-nine people, the company holds £6,980,615 in assets and generates £19,309,251 in yearly revenue. It operates as a holding company and is currently active. The company is overseen by five directors and has one owner. It is an irregular exporter, with its top export category being essential oils and perfumes, with two months of export activity recorded.

The company's website details a comprehensive range of logistics services, including road haulage, pallet storage, warehousing, and waste carrier solutions. It boasts a fleet of over 100 articulated vehicles and strategically located warehouses totaling over 100,000 sq ft. 2excel Logistics also offers specialized services like BRC AA-graded and OFG organic warehousing, catering to the food industry. The website emphasizes competitive rates, excellent customer service, and a team with over 200 years of transport experience.

Financially, 2excel Logistics shows some concerning trends. While turnover increased by 8.6% to £19,309,251, net assets plummeted by 14% to £1,600,000. Cash reserves decreased significantly by 59% to £140,000, while bank borrowings increased. Creditors also rose by 36%, suggesting potential cash flow challenges. The company’s small increase in administrative expenses (4.5%) and a decrease in average employees (4.5%) may indicate efforts to control costs. The lack of an auditor mentioned likely means the financial statements are unaudited.

Despite these financial pressures, 2excel Logistics appears to be a well-established player in the logistics sector. The company’s wide range of services and strategically located facilities suggest a strong market position. The decrease in assets, however, warrants close monitoring to ensure long-term financial health.

Registered in England/Wales under the registration number 06939313, with a registered address at MK45 3PD, United Kingdom, Wilstead, Bedford, Unit 31 Wilstead Industrial Park, Kenneth Way.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.