Borchard Lines Limited

Borchard Lines Limited, based in London, UK, is a holding company with an active status, celebrating 72 years since its founding in 1953. Employing 33 people, the company holds assets valued at £86,033,440. While it has a registered address, nineteen other companies are also registered there, suggesting a virtual address. Four directors and one owner (though the list has changed nine years ago) guide the company, which currently has a Google rating of 1.0 based on just one review.

The company specializes in importing machinery, boilers, and mechanical appliances, with parts imported regularly over the last four months. Its website highlights a focus on liner shipping services and door-to-door logistics, particularly within Europe and the Mediterranean. It offers services including container transport, warehousing, and even just-in-time logistics solutions. The website also mentions a history dating back to the 19th century, emphasizing its British heritage and reliability.

Financially, Borchard Lines Limited shows some concerning trends. While cash bank on hand decreased by 17% to £50 million, corporation tax payable increased dramatically by 3800% to £450,000. Creditors decreased significantly by 59%, which could indicate improved debt management, but net assets dropped 3.7% to £92 million. Bank borrowings decreased by 34%, and net loss was a large -£3 million. The company’s assets have also seen a decrease of 9.8% to £86 million. The company is audited by BKL Audit LLP.

These shifts could be attributed to various factors, such as changing market conditions, increased competition, or shifts in import patterns. The company's reliance on a virtual address, while common, also raises questions about its operational transparency. Overall, Borchard Lines Limited appears to be navigating a period of financial adjustment, with its long history and established services providing a foundation for future growth.

Registered in England/Wales under the registration number 00517224, with a registered address at EC3A 7JB, United Kingdom, London, 5th Floor Bevis Marks House, 24 Bevis Marks.

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