Andante Freight Limited

Andante Freight Ltd from Burnley UK: a small holding company with an active status, established 31 years ago, employs 22 people, and holds £2,927,702 in assets. It’s managed by three directors and one owner, operating from a real address. The company irregularly imports stone, plaster, cement, and similar materials (two months of activity) and exports printed materials like books and pictures (one month).

The business, based in Bradford, specializes in freight forwarding, particularly NVOCC consolidation services. It serves the forwarding industry and has built a solid reputation for high-quality sea, road, and air freight services across the Mediterranean, Middle East, Indian subcontinent, and Far East. Andante Freight operates under the Aphrodite Container Line, providing LCL and FCL services. They also offer road haulage services to Greece, the Greek Islands, Bulgaria, and Turkey. The company's website highlights its expertise in handling various container types, including out-of-gauge and refrigerated containers.

Financially, Andante Freight Ltd shows some concerning trends. Cash bank on hand dropped significantly by 63% to £180,000, while bank borrowings increased by 410% to £18,000. Debtor levels rose by 21% to £2,700,000, which could indicate a reliance on customer payments. On a positive note, creditors decreased by 18%, suggesting improved debt management. Prepayments and accrued income increased by 160%, which could be due to increased business activity. The company's small size (meeting two of three conditions for a small company) allows for agility, but the decline in cash reserves is something to watch. The company’s accounts were audited, and the auditor was Kneeshaws. The company’s financial data shows that the company’s net assets remained steady at £1,300,000.

Registered in England/Wales under the registration number 02902450, with a registered address at BB11 5SX, England, Burnley, Efs Global Pendle House, Phoenix Way.

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