Bring Cargo Limited

Bring Cargo Limited, based in Stallingborough, UK, is a large, active company founded 52 years ago. With 44 employees and £6,178,969 in assets, it generates £11,117,814 in yearly revenue. It’s a holding company with four directors and one owner, boasting a solid 4.0 Google rating from 46 reviews. The company regularly imports furniture, lighting, and prefabricated buildings – a trend observed over the past five months, with the last import occurring on October 1, 2024.

Bring Cargo Limited operates within the freight transport by road industries and is a part of the larger Posten Bring Group. Its website highlights a comprehensive range of services, including general cargo, warehousing, and project/offshore transport, serving destinations across Europe and beyond. It’s clear the company is focused on international freight and logistics solutions.

Looking at the financial data, Bring Cargo Limited has seen some interesting shifts. Depreciation of property, plant, and equipment has increased slightly, suggesting ongoing investment in its infrastructure. While bank balances have improved, increasing by 9.4%, the company’s equity has seen a significant turnaround, jumping from a negative £630,000 to a positive £4.8 million. This is a positive sign, potentially reflecting improved profitability or successful cost management. However, administrative expenses have decreased by 21%, which could be a result of restructuring or reduced operational activity. The company’s turnover has also seen a decline, dropping 15% to £11 million, which might be attributed to broader economic conditions or increased competition. The company’s auditor is Forrester Boyd.

Overall, Bring Cargo Limited appears to be navigating a period of change. While the decline in turnover is a cause for attention, the substantial increase in equity and improved cash position suggest the company is taking steps to strengthen its financial health. The company's position within a larger group likely provides stability and resources, helping it weather any short-term challenges.

Registered in England/Wales under the registration number 01081351, with a registered address at DN41 8DD, Stallingborough, N E Lincolnshire, Scandic Terminal, North Moss Lane.

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