Cargo Partner Ltd

Cargo Partner Ltd, based in London, UK, is a small holding company with an active status, established sixteen years ago in 2008. Employing ten people and holding £2,222,341 in assets, the company operates from a virtual address shared by 212 other businesses—a bit unusual, really. Four directors oversee operations, alongside one owner. The company regularly imports electrical machinery and equipment (seven months of activity) and exports iron or steel products (four months).

Cargo Partner Ltd's core business appears to be supply chain management and logistics, as evidenced by its website. It offers a wide range of services, including air, sea, rail, and road transport, warehousing, and specialized solutions for industries like automotive, high-tech, pharmaceuticals, and fashion. A key feature is the SPOT system—a digital platform streamlining supply chain processes from order placement to final delivery. The website also highlights a commitment to sustainability, with initiatives like EcoVadis Silver Medal recognition and exploration of nuclear-powered cargo shipping.

Financially, Cargo Partner Ltd shows some concerning trends. While cash bank balances increased by 17% to £820,000, net assets decreased by 27% to £430,000. Creditors jumped significantly by 120% to £1.4 million, and bank borrowings increased by 95% to £930,000. Despite these pressures, trade debtors increased by 28% to £920,000, suggesting improved customer payments. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in debt warrants a closer look. No auditor is mentioned, likely due to the company's small size and exemption from mandatory audits. Overall, Cargo Partner Ltd seems to be navigating a period of change, potentially driven by recent acquisition by Nippon Express Holdings Inc, and will need to manage its debt levels to ensure long-term stability.

Registered in England/Wales under the registration number 06680119, with a registered address at SE1 3TQ, United Kingdom, London, 5 Market Yard Mews, 194-204 Bermondsey Street.

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