Akg Logistics Limited

Akg Logistics Limited, based in Sittingbourne, UK, is a small, active company founded five years ago. With £39,489 in assets and a real address, it’s a solo-founded operation led by a single director and owner. The company operates in both retail sales via mail order and internet, and freight transport by road, offering a range of logistics and customs consultancy services.

The company’s website highlights its expertise in international trade, customs, and logistics, providing tailored solutions for businesses. They offer services ranging from trade compliance and customs consultancy to logistics security and warehousing. A key element is their focus on customs brokerage and IPR (Inward Processing Relief) solutions for manufacturers, indicating a specialized focus within the logistics sector. They also provide training on customs and logistics, further demonstrating their commitment to expertise. The website also features a newsletter signup, suggesting an attempt to build a customer base.

Financially, Akg Logistics Limited presents a mixed picture. Cash reserves have significantly dropped by 71%, falling to £5,100, while bank borrowings have surged by 350%, reaching £18,000. Creditors have also increased substantially, rising 62% to £40,000. However, current assets have improved by 120%, reaching £39,000, and trade debtors have jumped to £34,000. 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 increase in debt and decrease in cash raises concerns. The accounts are unaudited and filleted, which is common for small companies.

Overall, Akg Logistics Limited appears to be navigating a period of change. The increased debt suggests a need for capital, perhaps to expand services or invest in technology. The surge in trade debtors could indicate challenges in collecting payments, or perhaps a strategic move to offer more credit to customers. While the company’s expertise and range of services are promising, it will need to carefully manage its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 12506102, with a registered address at ME10 4LT, England, Sittingbourne, 8 Blenheim Road.

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