Cargo Records (uk) Limited
- Large
- Active
- 33 years
- 19 employees
- £2,342,120 (assets)
- £7,626,333 (revenue)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Regular exporter
- E-commerce
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Summary
Cargo Records Uk Ltd, based in London, is a well-established company with an active status, having operated for 33 years. Employing 19 people, the company boasts significant assets of £2,342,120 and generates a substantial revenue of £7,626,333 annually. It operates from a real address and is overseen by two directors and one owner, and runs an e-commerce site. The company is a regular importer and exporter of electrical machinery and equipment, with 101 months of import activity and 183 months of export activity, the last operations both occurring in February 2025.
Cargo Records Uk Ltd's website, Cargo Independent Distribution, functions primarily as a mailorder service for music. The site offers a wide selection of CDs, vinyl records, and other merchandise, catering to a global audience with support for multiple currencies and shipping destinations. It's a vibrant online marketplace, showcasing new releases, top sellers, and discounted items. The site’s design is functional, prioritizing product discovery and ease of navigation. It’s a very busy site with lots of products on offer.
Financially, Cargo Records Uk Ltd shows a mixed picture. Current assets have decreased by 18% to £2,300,000, while net assets have fallen by 8.8% to £660,000. Bank borrowings have increased by a significant 2,400%, reaching £29,000, and cash reserves have decreased by 30% to £28,000. On the positive side, creditors have decreased by 22%, suggesting better debt management. The company’s size (meeting two of three criteria for a large company) helps it maintain a broad reach, but the decline in equity raises questions. The company’s auditor is Warrener Stewart, and the accounts were signed on September 27, 2024.
Overall, Cargo Records Uk Ltd appears to be a resilient business navigating a challenging market. Its strong online presence and diverse product offering position it well for continued success, but the recent financial trends warrant close monitoring.
Registered in England/Wales under the registration number 02706001, with a registered address at SW6 4TJ, United Kingdom, London, 25 Heathmans Road London 25 Heathmans Road, Parsons Green.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Hill Philip John
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Hill Elena
- 23 years
- 1
-
Resident of United Kingdom
-
Individual
- Hill Philip John
- 33 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Full accounts made up to 2023-12-31Download 20 pages pdf report
-
Sub-division of shares on 2024-05-15Download 4 pages pdf report
-
Memorandum and Articles of AssociationDownload 17 pages pdf report
Importer profile by HS codes
Last imported products
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Exporter profile by HS codes
Last exported products
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FAQ about Cargo Records (uk) Limited
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