Airfreight Worldwide Limited

Airfreight Worldwide Ltd, based in Birmingham, UK, is a small, active company established 31 years ago. With 13 employees and £812,808 in assets, it's a solo-founded operation led by a single director and owner. The company maintains a real address and boasts a stellar 5.0 Google rating from two reviews. It operates as an irregular importer and exporter of machinery, boilers, and mechanical appliances; parts, with the latest import activity recorded 19 months ago and the last export activity just 19 months ago.

The company’s website, infoairfreightworldwide.com, showcases a range of services including airfreight exports, imports, UK customs formalities, road transport, warehousing, and ocean freight. It appears to be a full-service freight forwarding company, catering to businesses needing to move goods internationally. They also offer freight insurance and network affiliation, expanding their reach globally. The site emphasizes expertise, professional service, and a commitment to customer satisfaction, with a contact form and quick links to key information.

Financially, Airfreight Worldwide Ltd shows a mixed picture. Current assets have decreased by 15%, falling to £810,000, while net assets have also declined by 10%, reaching £680,000. Bank borrowings have seen a significant drop of 29%, reducing to £24,000, and cash reserves have fallen by 35%, leaving £130,000. Creditors have also decreased by 29%, and trade debtors have fallen by 43%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity suggests potential financial pressures. The company is exempt from an audit as a small company, so the figures are unaudited.

The company's reliance on a single director and owner, coupled with the fluctuating financial metrics, indicates a business that is holding steady but facing challenges. While the breadth of services and positive online presence are encouraging, the company’s long-term success will depend on its ability to maintain profitability and manage its financial resources effectively.

Registered in England/Wales under the registration number 02877078, with a registered address at B33 9AN, Birmingham, Unit H Flaxley Parkway, Stechford Retail Park.

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