Coral Logistics Ltd
- Small
- Active
- 7 years
- 4 employees
- £386,952 (assets)
- Real address
- 1 director
- 1 owner
- Irregular importer
- Irregular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Coral Logistics Ltd, based in Tilbury, UK, is a small, active company founded seven years ago. Employing just four people, it holds £386,952 in assets and operates from a real address within the Riverside Business Centre. With one director and owner, Coban Salim, at the helm, the company focuses on freight transport by road, sea, and air. It’s an irregular importer of furniture, lighting, and prefabricated buildings (last import in April 2023) and an irregular exporter of vehicles, parts, and accessories (last export in September 2024).
The company’s website, Coral Freight Transport Solutions, highlights its services, including road, air, and sea freight, warehousing, and customs clearance. It emphasizes a “one contact, one agent, all ports” approach, targeting businesses needing efficient logistics solutions, particularly between the UK, Ireland, Turkey, Azerbaijan, and Iraq. The site also promotes sustainability and offers tailored transport modes with a multilingual team.
Financially, Coral Logistics Ltd’s recent performance presents a mixed picture. Current assets have fallen by a significant 38% to £390,000, while net assets have increased by 64% to £110,000. Bank borrowings have decreased by 8.3% to £250,000, and cash reserves have dropped 10% to £100,000. Trade debtors have fallen by 44% to £280,000. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the decrease in current assets and cash reserves could signal tighter cash flow. No auditor is mentioned, likely due to its status as a small company and exemption from an audit. The increase in other debtors by 4200% is quite a jump and worth investigating. Overall, Coral Logistics Ltd seems to be navigating a period of change, with both opportunities and challenges ahead.
Registered in England/Wales under the registration number 10957291, with a registered address at RM18 7ND, England, Tilbury, Essex, Coral Logistics Ltd Riverside Business Centre, Fort Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Coban Salim
- 7 years
- 3
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Coban Salim
- 7 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Confirmation statement made on 2024-09-10 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-08-31Download 7 pages pdf report
-
Confirmation statement made on 2023-09-10 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Coral Logistics Ltd
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