Express & Global Limited

Express & Global Limited, based in Eastbourne, UK, is a small, active company founded 22 years ago in 2002. With 26 employees and £660,951 in assets, it operates from a virtual address – a point of note as thirty companies are registered at the same location. The company is led by a single director and owner, Flood Peter James, who also serves as a representative. It's a solo founder operation.

The business regularly imports vehicles, parts, and accessories (excluding trains and trams), with four months of import activity recorded, the last in 2019. It also exports electrical machinery and equipment, with fourteen months of export activity, the last in 2021. The company operates in the unlicensed carrier industries.

Financially, Express & Global Limited shows some interesting trends. Cash bank on hand increased dramatically, jumping 6,600% to £44,000, a positive sign. However, net assets also increased significantly, rising 5,300% to £170,000. Bank borrowings decreased by 42%, dropping to £170,000. Creditors decreased by 10%, and trade debtors increased by 16%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble.

The sharp increase in net assets, while positive, could be due to various factors, such as increased efficiency or changes in accounting practices. The decrease in bank borrowings suggests better debt management. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company’s success will depend on its ability to maintain its import and export activity and manage its finances effectively.

Registered in England/Wales under the registration number 04498422, with a registered address at BN21 4SH, Eastbourne, East Sussex, 30-32 Gildredge Road.

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