Armstrong Logistics Limited

Armstrong Logistics Limited is a large logistics company based in Lutterworth, UK, holding a real address and operating as a holding company with an active status. Founded 24 years ago, it employs 409 people and manages assets worth £10,281,762, generating yearly revenue of £31,466,293. The company is led by two directors and has one owner. Armstrong Logistics regularly imports miscellaneous food products, with 6 months of import activity recorded, and irregularly exports machinery parts, with 2 months of export activity.

The company’s website highlights its core business: providing logistics services, including warehousing and transport. It partners with major supermarket retailers, operating a consolidated logistics centre in Magna Park, Lutterworth. Armstrong Logistics boasts a fleet of brand new vehicles and offers multitemperature trailers, ensuring optimal conditions for delivering goods. News sections showcase recent achievements, such as awards for supporting army veterans and reopening a site in Hinckley. The company is also a partner in THE Pallet Network, emphasizing its commitment to efficient distribution.

Financially, Armstrong Logistics shows a mixed picture. Current assets decreased by 18% to £10 million, while net assets also dropped by 18% to £7.1 million. Bank borrowings increased by 5.5% to £110,000, and cash reserves saw a significant jump of 76% to £1.7 million. Despite this, the company's turnover decreased by 12% to £31 million. The company’s net losses deepened from -£410,000 to -£420,000, suggesting a challenging year. Creditors decreased by 19%, which could indicate better debt management. The company meets two of three criteria to be considered a large company: turnover more than £36 million and balance sheet total more than £18 million. The absence of an auditor suggests the company is exempt from full auditing requirements.

Overall, Armstrong Logistics appears to be navigating a period of change. While its logistics operations seem robust, the financial figures suggest some pressures. The company’s long history and established partnerships provide a solid foundation, but ongoing monitoring of its financial performance will be crucial.

Registered in England/Wales under the registration number 04158747, with a registered address at LE17 4XW, England, Lutterworth, Plot 2400 Wellington Parkway, Magna Park.

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