Advantage Worldwide (uk) Limited

Advantage Worldwide Uk Ltd from High Wycombe UK: a small, family-run company, has been active for 22 years. Employing 37 people, it holds assets of £4,756,676. While it has a real registered address, it’s also registered at a virtual address shared by thirty-one other companies. The business is run by two directors and two owners, and operates in the sea and coastal freight water transport, the freight air transport industries. It’s an irregular importer of optical and medical tools and devices (imported for two months), and a regular exporter of clothing and accessories, not knitted or crocheted (exported for seven months).

The company’s website highlights its strength in personnel and commitment to quality service, particularly in the face of recent disruptions to global shipping. Advantage Worldwide is closely monitoring the escalating security threats in the Red Sea, advising clients of potential delays and increased freight rates due to rerouting around the Cape of Good Hope. It also provides updates on changes to UK import regulations, including the end of deferred declarations and increased customs checks. The site details a wide range of services, from air and sea freight to automotive logistics, cool chain solutions, and even warehouse services. It even has a blog.

Financially, Advantage Worldwide Uk Ltd shows some concerning trends. While current assets increased by 28% to £4.8 million, net assets decreased by 0.45% to £1.5 million. Bank borrowings increased by 31% to £3.2 million, and cash reserves fell 11% to £1.8 million. Creditors also rose significantly by 45% to £3.2 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the rise in creditors suggests a need for careful cash flow management. The company’s unaudited financial statements, prepared with CCH Software, do not mention an auditor.

Despite these challenges, Advantage Worldwide Uk Ltd appears to be adapting to a changing global landscape, leveraging its expertise to navigate disruptions and provide valuable services to its clients.

Registered in England/Wales under the registration number 04531285, with a registered address at HP11 1JX, United Kingdom, High Wycombe, St John's Court, Easton Street.

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