Collicare Logistics Limited

Collicare Logistics Ltd, based in London, UK, is a small, active company founded just three years ago in 2021. With £42,261 in assets and a virtual address, it’s a compact operation employing just two people and managed by three directors—though no owners are officially listed. The company runs an e-commerce site and maintains a solid 5.0 Google rating from one review. It’s an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances, with the last import activity recorded just one month ago in April 2024.

The company’s website paints a picture of a full-service logistics provider, offering a wide range of services from freight transport by road and air to customs clearance and warehousing. It caters to a diverse clientele, including furniture logistics, renewable energy projects, and even offers specialized services like offshore logistics and disaster recovery for pianos. The site is packed with information, showcasing expertise in various areas like 3PL, rail freight, and even offering online shops for furniture logistics.

Financially, Collicare Logistics Ltd presents a mixed bag. Current assets have increased by 720%, jumping to £42,000, while net assets have plummeted 870% to -£220,000. Bank borrowings have increased by 860%, reaching £240,000, and cash reserves have increased by a substantial amount. Trade debtors have increased by 230%, suggesting a possible shift in payment terms. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the significant equity decline raises questions about its financial health. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

While the company’s website exudes professionalism and a broad range of services, the financials suggest it's burning through cash. Whether this is a temporary phase or a longer-term challenge remains to be seen—but for now, Collicare Logistics Ltd is relying on its diverse service offerings and online presence to navigate the competitive logistics market.

Registered in England/Wales under the registration number 13694530, with a registered address at WC1N 3AX, United Kingdom, London, 27 Old Gloucester Street.

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