Express Handling Services Limited

Bridges Worldwide (uk) Limited, based in Gerrards Cross, UK, is a small holding company with an active status, established 27 years ago in 1997. The company employs six people and holds £1,436,633 in assets, operating from a virtual address shared by many other businesses. It’s managed by two directors and has one owner, and currently boasts a 3.0-star Google rating from five reviews. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of February 2023.

The company’s website doesn’t offer much detail, suggesting a business-to-business operation rather than direct consumer sales. It appears to focus on cargo handling for air transport activities, likely facilitating the movement of goods for other companies. It’s a private limited company, and the director signing the financial statements is Mr P T Brady.

Financially, Bridges Worldwide (uk) Limited presents a mixed picture. Current assets have increased dramatically by 330%, reaching £1,400,000, but net losses deepened to -£23,000. Bank borrowings have increased by 2,400%, reaching £29,000, and cash reserves fell 30% to £690,000. Creditors decreased by 18%, suggesting better debt management. Income from related parties has increased by a staggering 14,000%, reaching £1,500,000. The company meets two of three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The accounts are unaudited, and the auditor is Nunn Hayward LLP.

The significant increase in income from related parties suggests a strong reliance on a parent company or affiliated businesses, while the rise in bank borrowings and deepening losses indicate potential cash flow pressures. The company’s small size helps it remain agile, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 03446540, with a registered address at SL9 7QE, England, Gerrards Cross, Buckinghamshire, 2-4 Packhorse Road.

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