Courier Network Limited

Courier Network Limited, based in Woking, UK, is a small, active company founded 26 years ago. With nine employees and £568,027 in assets, it operates from a virtual address – a detail worth noting as 157 companies are registered at the same location. The company is led by four directors, although no owners are officially listed. It's an irregular importer of headgear and accessories (last import September 2023) and a regular exporter of machinery, boilers, and mechanical appliances (last export January 2025).

The company’s website, couriernetwork.co.uk, presents a professional image, emphasizing establishment over 20 years and 24/7 availability. It offers a range of services, including courier services, hand carry shipments, and customs brokerage. The site also highlights a division specializing in piano restoration, a surprising diversification from its core logistics business. The address listed is Skylink House in Staines, Middlesex.

Financially, Courier Network Limited shows some concerning trends. While current assets increased by 14% to £570,000, cash reserves plummeted 42% to £130,000. Bank borrowings surged by 2,400%, reaching £29,000, and trade debtors ballooned by 61% to £440,000. Creditors also increased by 30% to £300,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp decline in cash reserves and the increase in debt suggest it's burning through money. The company’s lack of an auditor, likely due to its small size, means the financial statements are unaudited. It’s a bit worrying.

Registered in England/Wales under the registration number 03584743, with a registered address at GU21 7SA, Woking, Surrey, Chancery House, 30 St Johns Road.

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