D H Freight Ltd

Dh Freight Ltd, based in Felixstowe, UK, is a small, active company founded nine years ago in 2015. With seven employees and £1,261,354 in assets, it operates from a real address and is managed by two directors and owners. The company runs an e-commerce site and specializes in freight transport by road, sea, and air. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with the last import operation recorded just last month.

The company’s website highlights its services as “vehicle and general cargo specialists,” offering tailored freight and shipping solutions. It emphasizes experience, a personal touch, and competitive rates, catering to both importing and exporting businesses. Services include sea freight, air freight, and road haulage, with a focus on efficiency and affordability. The site also advertises consultancy services and showcases a commitment to customer needs.

Financially, Dh Freight Ltd presents a mixed picture. While cash and bank holdings increased by a substantial 37% to £830,000, other areas show concerning trends. Creditors surged by 80%, reaching £740,000, and trade debtors increased by 45% to £430,000, suggesting potential issues with collections. The company’s net assets grew by a modest 5% to £680,000, but the increase in other creditors by 110% to £420,000 is a notable point. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the rise in debt warrants attention. The company’s bank borrowings have increased significantly, and the increase in other creditors is a worrying sign. The lack of an auditor mentioned likely means the financial statements are unaudited, relying on director-reported data.

Overall, Dh Freight Ltd seems to be navigating a period of growth, but the increasing debt levels could present challenges in the future. It’s a small company that is trying to grow, but it needs to manage its finances carefully.

Registered in England/Wales under the registration number 09902855, with a registered address at IP11 9RB, England, Felixstowe, Candlet House, Gulpher Road.

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