Clearance And Logistics Ltd

Clearance And Logistics Ltd is a small, active company from Old Newton, UK, established fifteen years ago in 2010. It employs five people and holds £403,655 in assets, operating from a real address. The company is overseen by two directors and one owner, Goodall Richard Edward. It’s a irregular importer of electrical machinery and equipment (one month of imports) and a irregular exporter of essential oils and perfumes (two months of exports).

The company’s website, A1 Clearance Logistics, focuses on Brexit actions, consequences, and transporting, offering services for customs clearance in Ireland, Northern Ireland, and the UK. It’s clear the company is positioned as a specialist in navigating complex import and export regulations, with a particular emphasis on the challenges posed by Brexit. The website doesn’s offer e-commerce functionality, instead focusing on service promotion and contact information.

Financially, Clearance And Logistics Ltd’s numbers present a mixed picture. Cash bank on hand has decreased by 39%, falling to £28,000, while bank borrowings have increased significantly, rising 53% to £41,000. Creditors have also seen a dramatic rise, increasing 130% to £300,000, suggesting a need for careful cash flow management. However, current assets have increased by 40% to £400,000, and debtors have also risen by 56% to £380,000, indicating potentially stronger sales. Equity has plummeted 63%, dropping to £18,000, which is a concerning trend. The company's small size—meeting two of three criteria for a small company—helps it remain agile, but the decline in equity warrants attention. The company’s unaudited financial statements are prepared by Emsdens Limited.

While the company's services are clearly in demand, the financial data suggests it's burning through money, perhaps due to increased borrowing to cover operational costs. It's possible that the company is investing heavily in expanding its services or navigating the complexities of Brexit-related trade, but the sharp decline in equity is something to keep an eye on.

Registered in England/Wales under the registration number 07114769, with a registered address at IP14 4PA, United Kingdom, Old Newton, Suffolk, Freightstore, Bridge Farm Ind. Estate.

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