Cargolink International Ltd

Cargolink International Ltd from London UK: small company, active status, founded 4 years ago, virtual address, 2 directors, 9 owner. Regular importer of special combined nomenclature codes (9 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the agents involved in the sale of a variety of goods, the cargo handling for land transport activities, the cargo handling for air transport activities industries.

The company’s website showcases a comprehensive range of logistics services, including air freight, sea freight, groupage, sourcing, warehousing, and goods transport. It caters to businesses and individuals shipping to and from the UK, Nigeria, US, Canada, and China. Cargolink International emphasizes affordability, speed, and personalized solutions, with a particular focus on sourcing products and providing warehousing services. The site also features a quick tracking service and a request-a-quote form, indicating a customer-centric approach. It’s clear the business is focused on facilitating international trade and offering tailored logistics support.

Financially, Cargolink International Ltd presents a mixed picture. Cash bank on hand has increased significantly, jumping 11,000% to £110, but net assets have decreased by 85% to -£820. Creditors have also fallen by 83% to £920, suggesting improvements in debt management. However, the substantial decrease in equity raises concerns. The company’s small size and virtual address—shared by 5,738 other companies—might contribute to lower overheads, but it also raises questions about its stability. No auditor is mentioned, which is common for small, exempt companies.

The company’s rapid growth and reliance on a single owner, Jonathan Folarin Dare, could be both a strength and a weakness. While focused leadership can drive innovation, it also creates dependency. The sharp decline in equity, despite increased cash reserves, suggests the company may be reinvesting heavily in its operations or facing unexpected expenses. It’s possible the company is burning through money, but it could also be a strategic investment for future growth.

Registered in England/Wales under the registration number 12690896, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street.

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