Acc Shipping Ltd

Acc Shipping Ltd, based in Gravesend, UK, is a small, active company founded 41 years ago in 1983. With 25 employees and £2,404,412 in assets, it’s a well-established player in the logistics sector. The company has three directors and two owners, operating from a real address shared by only two other businesses. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company specializes in providing global transport solutions, offering services by air, sea, rail, road, and courier. Its website highlights expertise in freight forwarding, particularly for specialist cargo, and boasts a network of worldwide partners. It also offers IT systems to help clients understand and interpret logistics data. The company has a pursuit of excellence in logistics and supply chain management.

However, the financial picture reveals some concerning trends. While cash reserves increased by a respectable 17% to £280,000, current assets decreased by 19% to £2,400,000. Trade debtors have also fallen by 22% to £2,100,000. Bank borrowings have increased by 42% to £930,000. Net assets, however, have increased by 7.2% to £1,600,000. The decrease in current assets and increase in creditors suggest the company might be facing some cash flow pressures. The company’s average number of employees during the period decreased by 8% to 23.

The company’s irregular import and export activity—primarily electrical machinery and equipment (imported for two months) and art and antiques (exported for two months)—suggests a niche focus. The lack of a mentioned auditor, likely due to its small company status, means the financial statements are unaudited. It is important to note that the list of owners was changed six years ago, and it is not exhaustive, as only owners with more than twenty five percent of shares are published.

Registered in England/Wales under the registration number 01739684, with a registered address at DA12 2DL, England, Gravesend, Kent, Whitehall Place, 47 The Terrace.

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