Boast International Limited

Boast International Ltd from Felixstowe, UK, is a small, active company established 34 years ago in 1990. Employing 21 people and holding assets of £3,743,761, it’s a well-established player in the freight forwarding industry. The company, with three directors and two owners, maintains a real address and boasts a stellar 5.0 Google rating from six reviews. Regular imports of coffee, tea, mate, and spices have been recorded for the past four months.

The company’s website highlights its services as a global freight forwarding specialist, offering customs clearance, warehousing, and distribution solutions. It caters to a wide range of sectors, including food, construction, retail, and pharmaceuticals, with a particular focus on the nut and dried fruit industry, which it has served for over 30 years. The site also mentions a piano division, 1066 Pianos, which operates from Cambridge and has a showroom in Harrods, London, specializing in high-end piano restoration.

Financially, Boast International Ltd presents a mixed picture. While cash bank has increased by 9.1% to £2,500,000, net assets have decreased by 4.1% to £1,600,000. Creditors have risen significantly by 29% to £940,000, and trade debtors have remained stable. The company’s small size, meeting two of three conditions for classification, allows for agility, but the increase in liabilities suggests a need for careful financial management. The company is exempt from an audit, so the financial information is unaudited. Amounts owed to related parties have increased by 23%, which could be a result of business expansion or internal financing. The company's net current assets liabilities have also decreased by 12%, which could be a result of the increase in liabilities.

Registered in England/Wales under the registration number 02537884, with a registered address at IP11 2JB, England, Felixstowe, Suffolk, Unit 6 Summit Business Park, Langer Road.

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