Alfa Shipping Services Limited

Alfa Shipping Services Ltd, based in Glasgow, UK, is a small, active company founded nineteen years ago in 2006. It employs just one person and holds £181,092 in assets, operating from a real address. With two directors and one owner, the company is an irregular importer, primarily dealing with electrical machinery and equipment—just one month of imports were recorded as of September 2024.

The company’s website details a broad range of ship agency services, covering everything from dry cargo and tankers to cruise ships and oil support vessels. It acts as a protective agent for ship owners, handling crew changes, stores, repairs, and cash management—a service it provides for major shipping companies like COSCO. Alfa Shipping Services also offers inspection services, including cargo expedition, quality control, and bunker surveys, catering to a diverse range of goods like wind turbines, animal feed, and machinery. It even acts as a UK representative for Admiral Testing Services.

Financially, Alfa Shipping Services Ltd presents a mixed picture. Current assets decreased by 30% to £180,000, while net assets increased by 14% to £60,000. Creditors decreased significantly by 58%, suggesting improved debt management. However, bank borrowings increased by a substantial 82%, reaching £28,000, and cash reserves fell 20% to £120,000. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible. There's no auditor mentioned, so the figures are unaudited.

Overall, Alfa Shipping Services Ltd seems to be navigating a period of change. While it’s managing its debts well, the increase in borrowing and decrease in cash reserves suggest it’s relying on credit to maintain operations. It's a small company, but it's got a lot of experience and a wide range of services, so it’s got a good foundation to build on.

Registered in Scotland under the registration number SC295023, with a registered address at G20 0DD, Scotland, Glasgow, 19/5 Kirn Street.

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