Cargo Overseas Limited

Cargo Overseas Ltd, based in Manchester, UK, is a sizable freight and cargo services provider with a 34-year history. The company, currently active, employs 81 people and boasts assets of £11,347,578, generating a yearly revenue of £55,368,407. It’s a holding company with four directors and one owner, maintaining a solid 4.0 Google rating based on seven reviews. Regular imports include furniture, lighting, and prefabricated buildings (spanning seven months), while exports focus on machinery, boilers, and mechanical appliances (over six months).

The company’s website highlights its digital-first approach to logistics. Cargo Overseas isn't just moving goods; it's offering instant online freight quoting, automated customs entry, and real-time tracking—all designed to streamline supply chain management. They emphasize their expertise in air, sea, road, and project solutions, catering to both SMEs and multinational PLCs. The site details bespoke IT supply chain solutions, even showcasing case studies with luxury goods manufacturers and automotive PLCs.

Financially, Cargo Overseas Ltd presents a mixed picture. While turnover remained steady at £55,368,407, net assets dropped by a significant 35% to £11,000,000. Bank borrowings increased by 62% to £5,700,000, and cash reserves declined by 30% to £5,100,000. Creditors, however, decreased by 43% to £5,000,000, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) gives it a degree of flexibility, but the drop in equity raises questions. No auditor is mentioned, likely due to its size, so the financial statements are unaudited.

Overall, Cargo Overseas Ltd appears to be navigating a challenging environment, adapting to digital transformation while maintaining its core freight services. The company’s focus on technology and bespoke solutions positions it well for the future, but the recent financial trends warrant close monitoring.

Registered in England/Wales under the registration number 02541472, with a registered address at M23 9NJ, England, Manchester, Cargo Overseas Ltd, Floats Road.

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