Cargo Fresh Logistics Limited

Cargo Fresh Logistics Ltd, based in Feltham, UK, is a small, active company established eleven years ago. With eleven employees and £239,603 in assets, it operates from a real address and is led by a single director and owner. The company is a regular importer, specializing in edible fruits and nuts, with its last import activity recorded nineteen months ago in October 2017. It operates within the freight transport by road industries.

While the company maintains a relatively small scale, meeting two of three criteria for a small business (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its financial performance reveals some concerning trends. Current assets have decreased by 33%, dropping to £240,000, while net assets have also fallen significantly by 25%, now standing at £260,000. Cash reserves have been hit hard, declining by 68% to just £21,000. Debtor levels have also decreased, suggesting a tighter grip on accounts receivable.

The company's financial data also indicates a surge in finance lease payments owing, up 77% to £90,000, which could be a sign of increased investment in equipment or vehicles. Creditors have also decreased, which is a positive sign. The lack of an auditor mentioned suggests the company is exempt due to its size, and the financial statements are unaudited.

The company's website is currently unavailable, making it impossible to determine if it operates an e-commerce platform or relies solely on business-to-business transactions. The financial trends suggest a company facing challenges, potentially needing to carefully manage its cash flow and debt obligations to ensure long-term sustainability.

Registered in England/Wales under the registration number 08958378, with a registered address at TW14 0TW, Feltham, Middlesex, H & M House, Pier Road.

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