Connect Direct Shipping Ltd

Connect Direct Shipping Ltd, based in Hatfield, UK, is a small, active company founded eight years ago in 1996. With £62,436 in assets and a real address, it’s managed by one director and owner. The company operates in the transportation and business support sectors, and has a real address. It's a irregular importer of vehicles, parts, and accessories (not for trains or trams), with just one month of import activity recorded, and a regular exporter of machinery, boilers, and mechanical appliances, with fourteen months of export activity.

The company’s website, connectdirectshipping.com, highlights its services, including door-to-door shipping, warehousing, and complex logistics solutions. It emphasizes its experienced drivers, state-of-the-art inventory system, and commitment to customer satisfaction. The site also features a "Join Our Team" section, suggesting a desire to expand its workforce. The site is well-designed and professional, and has a sign-in and create account section.

Financially, Connect Direct Shipping Ltd shows a mixed picture. Current assets have fallen by 33%, dropping to £62,000, while net assets have plummeted 140%, resulting in a negative value of -£640. Bank borrowings have decreased by 7.3%, reaching £9,800, and cash reserves have fallen a significant 71%, leaving just £11,000. Trade debtors have increased by 43%, reaching £45,000. The company meets two of three criteria for being considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). There is no auditor mentioned, likely due to its small size.

The company’s financial trends suggest it’s facing challenges. The drop in assets and negative equity raise concerns, while the increase in trade debtors could indicate difficulties in collecting payments. However, the decrease in bank borrowings and the continued export activity offer some signs of stability. It seems like the company is struggling to maintain profitability, but its focus on specialized logistics services and its commitment to customer service may help it weather the storm.

Registered in England/Wales under the registration number 10449745, with a registered address at AL10 8SW, England, Hatfield, 90 North Down Road.

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