Aaa Freight Services Ltd

Aaa Freight Services Ltd, based in London, UK, is a small, active company established fifteen years ago. With four employees and £376,191 in assets, it operates from a virtual address, managed by two directors and a single owner. The company is a regular importer, specializing in cereal and milk-based food products, with import activity spanning three months, the last operation occurring in June 2023.

The company’s core business involves freight transport—by road, sea, coastal water, and air—along with cargo handling for air transport activities. It’s a small business, meeting two of the three criteria for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Its website is non-existent, so it’s unlikely to be an e-commerce operation.

Financially, Aaa Freight Services Ltd shows a mixed picture. Cash bank on hand increased by 50% to £220,000, while current assets rose by 55% to £380,000. However, creditors have dramatically increased—by nearly 3,000%—reaching £170,000, and net assets grew by 30% to £310,000. Trade debtors also increased significantly, by 63% to £160,000. The number of employees has risen by 75%, from four to seven, which could be a sign of growth but also increased operational costs. The company's fixed assets have also seen a massive increase, by 4200%, to £100,000. The company’s financial statements are unaudited, and no auditor is mentioned.

Overall, Aaa Freight Services Ltd appears to be expanding, but the substantial increase in creditors suggests it might be relying on credit to fuel this growth. It’s possible the company is investing in new equipment or expanding its operations, but careful management of its liabilities will be crucial to its long-term health.

Registered in England/Wales under the registration number 07133476, with a registered address at EC1V 2NX, England, London, 128 City Road.

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