Castle Freight Limited

Castle Freight Ltd, based in Enderby, UK, is a small, family-run business with an active status, having been established for 47 years. Employing 18 people and holding assets of £666,415, it operates from a real address and is overseen by three directors and three owners. The company has been importing clothing and accessories made by knitting or crocheting for a single month, and exporting clothing and accessories (not knitted or crocheted) for one month.

While the company’s core business appears to be warehousing and storage for land transport activities, its website is not available to analyze, making it difficult to determine if it operates an e-commerce site.

Financially, Castle Freight Ltd shows some concerning trends. Accumulated depreciation for furniture fittings decreased slightly, while motor vehicle depreciation increased significantly. Cash bank on hand decreased by nearly 30%, dropping to £360,000. Corporation tax payable has risen sharply, increasing by 420% to £21,000. Creditors have also decreased, suggesting better debt management. 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, but the decline in equity—dropping 11% to £540,000—raises questions about its long-term financial health. The company is exempt from an audit as a small company, so the figures are unaudited.

It’s possible the company is reinvesting in its business, or perhaps facing some unexpected expenses. The rise in corporation tax payable could indicate increased profitability, but the decrease in cash reserves suggests it’s not necessarily translating into savings. The company's financial situation warrants close monitoring, though it’s important to remember that these are just snapshots in time.

Registered in England/Wales under the registration number 01365078, with a registered address at LE19 4AU, Enderby, Leicester, 1a Quarry Lane, Mill Hill Industrial Estate.

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