Bk International Freight Limited

Bk International Freight Ltd, based in Coventry, UK, is a small, active company founded four years ago. It employs seven people and holds £322,100 in assets, operating from a virtual address shared by thirty-one other companies. The business is led by a single director and owner, Cave Helen Laura, and functions as both an importer and exporter of optical and medical tools and devices, though activity has been irregular – one month of imports and two months of exports recorded.

The company’s website is currently unavailable, making it difficult to assess its online presence and customer engagement. It appears to be operating primarily as a freight forwarding service, facilitating the movement of medical and optical equipment. It’s a solo founder operation, and it’s hard to tell if they are doing well.

Financially, Bk International Freight Ltd presents a mixed picture. Cash reserves increased by 15% to £120,000, which is good, but bank borrowings surged by 200% to £120,000, which is concerning. Creditors also increased significantly, by 200% to £120,000, suggesting potential cash flow pressures. Trade debtors are up 63% to £150,000, which could be a sign of delayed payments from customers. Despite these challenges, the company’s net assets increased by 68% to £99,000, and its equity is up by 68% to £99,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the increase in debt warrants close monitoring. The company is exempt from an audit, so the financial statements are unaudited.

Overall, Bk International Freight Ltd seems to be navigating a period of growth, but it’s important to keep an eye on its debt levels and cash flow management. The company’s irregular import and export activity suggests a niche market strategy, and its virtual address raises questions about its operational scale.

Registered in England/Wales under the registration number 13179103, with a registered address at CV3 4FJ, United Kingdom, Coventry, West Midlands, 3mc Middlemarch Business Park, Siskin Drive.

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