Crossland Tankers Limited

Crossland Tankers Limited, based in Co. Londonderry, UK, is a sizable company with a 39-year history, currently employing 125 people and holding assets valued at £14,435,557. It operates as a holding company with an active status and boasts a stellar 5.0 Google rating based on two reviews. The company regularly imports vehicles, parts, and accessories – a trend observed over the last seven months – but exports optical and medical tools and devices irregularly, with activity recorded just two months ago. Four directors and one owner guide the business, which has a real address, and is audited by Moore (N.I.) LLP.

The company’s core business revolves around the manufacture of trailers and semi-trailers, catering to the transport industry. While the website is not present, its operations likely involve direct sales to transport companies and potentially distribution through specialized channels.

Financially, Crossland Tankers Limited demonstrates a mixed picture. Current assets increased by 19%, reaching £14,000,000, while net assets grew by 24% to £9,800,000. However, bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company’s large size (meeting two of three criteria for turnover over £36 million, assets over £18 million, and over 250 employees) indicates a significant presence in the market, but the sharp increase in bank borrowings raises some concerns. The company’s net loss deepened from -£10,000 to -£23,000. The lack of employees (zero reported) hints at a lean, possibly solo operation. It’s likely that the company’s growth is being financed through debt, which could pose a risk if sales don’t keep pace.

Registered in Northern Ireland under the registration number NI018916, with a registered address at BT46 5QZ, Co.Londonderry, 114,Grove Road,, Swatragh,.

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