Brinor International Shipping And Forwarding Limited

Brinor International Shipping Forwarding Ltd, based in Ipswich, UK, is a well-established company with a 45-year history, currently employing 81 people and holding assets totaling £4,432,726. As a holding company with an active status, it’s a significant player in the logistics sector. The company boasts a 5.0 Google rating from 12 reviews, indicating high customer satisfaction. It operates from a real address and is overseen by two directors and one owner.

Brinor specializes in both importing and exporting machinery, boilers, and mechanical appliances, with a focus on parts. While it imports these items irregularly, with the last import operation occurring in 2017, it exports them regularly, with the last export operation in 2021. The company's website highlights its services, including freight forwarding, warehousing, and UK transport distribution, and even mentions a presence in Holland. It also offers a range of value-added services, such as customs clearance and overseas shipping.

Financially, Brinor’s picture is mixed. While cash reserves increased by a healthy 42%, reaching £1.8 million, net assets declined by 6.5% to £2.4 million. Bank borrowings have decreased, suggesting improved financial management. However, trade debtors have risen significantly, by 23%, indicating potential challenges in collecting payments. Net losses also deepened, reaching £130,000. The company’s size (meeting two of three criteria for a large company) and the lack of an auditor mentioned (likely exempt due to its size) means the financial information is unaudited.

The increase in debtors could be linked to broader economic conditions impacting its clients, while the deeper losses may reflect increased operating costs or investments in expanding its services. The company’s long history and strong Google rating suggest resilience, but the financial trends warrant careful monitoring.

Registered in England/Wales under the registration number 01457246, with a registered address at IP10 0BF, Ipswich, 7 Three Rivers Business Park Felixstowe Road, Foxhall.

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