Efs Logistics Ltd

Efs Logistics Ltd, a large company based in Burnley, UK, has been operating for 32 years and holds £1,690,209 in assets. Despite employing just two people, it generates a substantial £3,725,643 in yearly revenue. The company operates as a holding company with an active status, and while it has two directors and one owner, its registered address appears to be a virtual one, with 32 companies registered at the same location. It regularly imports furniture, lighting, and prefabricated buildings (for three months), and exports machinery, boilers, and mechanical appliances (for five months).

Efs Logistics’ website highlights its role as a "Best Logistics Partner in KSA," focusing on providing cost-effective solutions for businesses of all sizes. It offers a range of services including air, sea, and land freight, as well as relocation, packing, and customs clearance. The site emphasizes its 25 years of excellence and showcases partnerships with companies like Emirates SkyCargo. Recent news items celebrate milestones such as achieving air shipment of 202.5 tons and obtaining the Air Consolidated License.

Financially, Efs Logistics Ltd presents a mixed picture. While turnover increased by a modest 4.6% to £3,700,000, net assets have increased by 9.1% to £2,800,000. However, bank borrowings have surged by a staggering 200% to £73,000, and cash reserves have decreased by 8.9% to £31,000. Creditors have also decreased by 25% to £4,700,000. The company’s assets are significantly higher than its liabilities, suggesting a stable financial base. The company’s small number of employees (just two) indicates a lean operation, and the lack of an auditor mentioned suggests that the company is exempt from an audit.

The company’s increased borrowing could be a strategic move to fuel expansion, or it could reflect increased operating costs. The decrease in cash reserves, combined with the rise in borrowing, warrants further scrutiny. The company’s focus on international freight transport and its partnerships suggest a business with growth potential, but the financial data indicates a need for careful management of its finances.

Registered in England/Wales under the registration number 02767517, with a registered address at BB11 5SX, England, Burnley, Efs Global, Pendle House, Phoenix Way.

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