Abacus Logistics Ltd

Abacus Logistics Ltd, based in Basingstoke, UK, is a small, active company founded twenty years ago in 2004. Employing 43 people and holding £4,465,236 in assets, it operates from a virtual address – a detail flagged by the presence of 41 other companies registered at the same location. The company is run by three directors and one owner, Carr Paul John. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with recent activity recorded as of March 2025. The business operates in the freight transport by road industries.

The company’s website is non-existent, so it’s difficult to determine if it operates an e-commerce platform. However, the company’s activities appear to be centered around logistics and transportation, suggesting a business-to-business model rather than direct consumer sales.

Financially, Abacus Logistics Ltd presents a mixed picture. While current assets remain relatively stable at £4,500,000, net assets have significantly decreased by 49%, dropping to £1,900,000. Bank borrowings have surged dramatically, increasing by 2,500% to £400,000, while cash reserves have fallen 50% to £460,000. Creditors have also increased by 150%, reaching £2,100,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity is a concern. The company is exempt from an audit, so the figures are unaudited.

The significant increase in bank borrowings and the decrease in cash reserves suggest that Abacus Logistics Ltd is potentially burning through money. The increase in creditors also indicates that the company is relying more on credit to manage its operations. While the company’s irregular import activity could be due to market fluctuations, it’s also possible that it’s facing challenges in securing consistent supply chains. The company’s financial health is something to watch closely.

Registered in England/Wales under the registration number 05176062, with a registered address at RG21 8EN, England, Basingstoke, Hampshire, Winton House, Winton Square.

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