Cargosolutionsuk Limited

Cargosolutionsuk Limited, based in Bradford, UK, is a small, active company founded 17 years ago in 2007. It employs just two people and holds £231,489 in assets. With a real registered address and two directors, plus one owner (solo founder), it operates from a shared office space. The company is irregular importer, specializing in clothing and accessories made by knitting or crocheting, with just two months of import activity recorded as of August 2024. The company operates in the freight air transport industries.

The company’s website is minimal, lacking detailed information about its services beyond a basic listing. It doesn't appear to be an e-commerce site, suggesting Cargosolutionsuk Limited primarily functions as a logistics provider rather than a direct retailer. The focus seems to be on facilitating the movement of goods, rather than selling directly to consumers.

Financially, Cargosolutionsuk Limited presents a mixed picture. Cash reserves have taken a significant hit, dropping by nearly 50% to £130,000. Debtors have surged dramatically, increasing by 460% to £99,000—a potential sign of delayed payments or extended credit terms. However, creditors have also decreased by 43%, indicating improved debt management. Equity has increased by 45% to £120,000, which could be due to retained earnings. Depreciation charges have remained consistent, and the company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility. With no auditor mentioned, the figures are unaudited.

Overall, Cargosolutionsuk Limited appears to be navigating a period of change. The increase in debtors and decrease in cash reserves could indicate challenges in managing cash flow, but the decrease in creditors suggests improved financial discipline. The company's irregular import activity and focus on freight air transport suggest a niche market, but its long-term sustainability will depend on its ability to maintain strong customer relationships and manage its finances effectively.

Registered in England/Wales under the registration number 06330458, with a registered address at BD13 2AS, Bradford, West Yorkshire, Unit 13b, Graphica House, Deanstones Lane.

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