Cargocare Global Limited

Cargocare Global Ltd, based in Witham, UK, is a small, holding company with an active status, established ten years ago in 2014. Employing 21 people and holding assets of £5,128,753, the company operates from a virtual address, a detail flagged by the presence of 25 other companies registered at the same location. Led by four directors and a single owner, Cargocare Global maintains a 3.0-star Google rating based on just two reviews. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import activity recorded one month ago.

The company's website showcases Cargocare Global as a full-service freight and logistics partner, offering sea, air, and road freight services, customs clearance, and expert trade advice. It caters to a range of sectors, including food, clothing, and renewable energy, and even offers specialized logistics for solar installations. The site highlights its commitment to customer service and provides case studies demonstrating its expertise. Cargocare Global appears to be primarily focused on facilitating international shipping and customs procedures, rather than direct sales to consumers.

Financially, Cargocare Global's recent performance presents a mixed picture. While cash bank on hand increased by 38% to £920,000, net assets grew by 24% to £610,000, and current assets rose by 14% to £5,100,000, other indicators suggest potential strain. Accumulated depreciation and impairment of property, plant, and equipment increased significantly, by 72%, to £42,000. Average number of employees during the period jumped 130% to 49, which could indicate expansion but also increased operational costs. Trade debtors rose by 11% to £4,200,000, and creditors increased by 10% to £4,000,000, suggesting potential cash flow challenges. The company’s auditor, Wilson Devenish, hasn't released any statements. These figures, being unaudited, rely on internal reporting. Overall, Cargocare Global seems to be growing, but it’s important to monitor its ability to manage increased expenses and maintain healthy cash flow.

Registered in England/Wales under the registration number 09070169, with a registered address at CM8 1AA, Witham, Essex, 67 Newland Street.

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