Exim Solutions Ltd

Exim Solutions Ltd, based in Ipswich, UK, is a small, active company founded 17 years ago. Employing 14 people and operating from a real address, it’s led by four directors and owned by three individuals. The company regularly imports stone, plaster, cement, and similar materials – a consistent pattern over the last three months – while exporting edible fruits and nuts less frequently, with activity spanning two months.

The company’s website highlights its focus on ethical freight and logistics. It positions itself as a “values-based” partner, emphasizing ethics alongside efficiency. Services include simple freight forwarding, logistics management, customs clearance, and insurance. The website also features a separate division, Exim Group, which specializes in piano restoration and sales, operating from Cambridge and even boasting a presence in Harrods.

Financially, Exim Solutions Ltd presents a mixed picture. While net assets increased slightly to £880,000, cash reserves have significantly decreased by 24% to £590,000. Bank borrowings have surged, reaching £40,000, and creditors have also increased substantially. Interestingly, amounts owed to directors have risen dramatically, while other creditors have decreased. The company’s small size – meeting two of three conditions for being a small company – allows for agility, but the increase in bank borrowings and decrease in cash raises questions about its financial health. The company’s unaudited accounts, exempt from audit due to its size, rely on director-reported data. It's also worth noting that the company's average number of employees has increased by 14% to 16, which may contribute to the increased borrowing.

Registered in England/Wales under the registration number 06508888, with a registered address at IP8 4JU, England, Ipswich, Suffolk, Unit 3 Broomvale Business Centre Bramford Road, Little Blakenham.

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