Daygard Logistics Group Limited

Daygard Logistics Group Ltd, based in London, UK, is a sizable holding company with an active status. Established 16 years ago in 2008, the company employs 55 people and holds assets valued at £20.35 million. While it has a registered address, it’s likely a virtual one, as 413 companies share the same location. The company is managed by one director and one owner, and currently holds a Google rating of 2.0 based on 54 reviews. Daygard Logistics Group is a regular importer of furniture, lighting, and prefabricated buildings, with 49 months of import activity recorded, the last operation being February 01, 2025. It also exports tanning and dyeing products irregularly, with just two months of export activity, the last being December 01, 2024.

The company's website showcases a full suite of logistics services, including sea freight, air transport, warehousing, customs clearance, and import track-and-trace capabilities. It operates several subsidiary companies, such as Freight Movers International, Cargo Movers International, Daygard Clearance, and World Freight Movements, each specializing in different aspects of the logistics chain. The site also highlights a focus on technology and a global network, representing clients in over 90 countries. It’s clear that Daygard Logistics Group is positioning itself as a comprehensive solutions provider for international trade.

Financially, the picture is mixed. While cash bank on hand increased significantly by 150% to £6.7 million, net assets only grew by 29% to £13 million. The company’s turnover has fallen dramatically, dropping 50% to £34 million. Bank borrowings decreased by 65%, which is a positive sign, but the significant drop in turnover and net assets suggests a challenging period. Creditors also decreased by 58%, indicating improved debt management, but the overall trend is concerning. There is no auditor mentioned, which is likely due to the company's size. The company meets two of three criteria for being a large company, with turnover over £36 million, balance sheet over £18 million, and over 250 employees.

In conclusion, Daygard Logistics Group Ltd appears to be navigating a period of financial pressure, despite its established presence and comprehensive service offerings. The company's ability to adapt to changing market conditions and maintain its global network will be crucial for its future success.

Registered in England/Wales under the registration number 06737668, with a registered address at E20 1HZ, United Kingdom, London, 19th Floor 1 Westfield Avenue.

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