Energy Freight Forwarding Limited

Energy Freight Forwarding Limited, based in Felixstowe, UK, is a small, active company established 18 years ago. With 16 employees and £953,968 in assets, it's a well-established player in the freight forwarding sector. The company boasts a perfect 5.0 Google rating from a single review, a testament to its customer service. It's owned by Connell Ian and Watts Simon, and directed by Watts Simon John and Connell Ian David.

The company's website highlights its services: air, road, and sea freight, including FCL, LCL, and cross-trade solutions. It caters to a wide range of destinations worldwide, emphasizing cost-effective and efficient supply chain solutions. The site also features a section dedicated to container specifications, conversions, and hazmat terms, indicating a focus on providing comprehensive support to its clients. It seems they're primarily a service provider, not an e-commerce business.

Financially, Energy Freight Forwarding Limited is showing some concerning trends. While cash reserves remained relatively stable at £51,000, current assets declined by 28% to £950,000. Debtor levels also fell significantly, dropping 29% to £900,000. More worryingly, equity decreased by 14% to £170,000, and net current assets dropped 39% to £170,000. Bank borrowings, however, saw a dramatic reduction, falling 44% to £170,000—a positive sign. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from a full audit, so the figures are unaudited. The decrease in employee numbers, from 16 to 15, is also worth noting. The company's irregular import activity, primarily focused on clothing and accessories made by knitting or crocheting, suggests a niche market focus, but the last import was way back in 2017.

Registered in England/Wales under the registration number 06029664, with a registered address at IP11 2JB, Felixstowe, Suffolk, Unit 3 Summit Business Park, Langer Road.

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