Ferrari Express Ltd

Ferrari Express Ltd, based in Kingston Upon Thames, UK, is a large, holding company with an active status. Founded eighteen years ago in 2006, the company employs twenty-five people and boasts significant assets of £11,083,235, generating £14,623,201 in yearly revenue. While it has a registered address, eighty-five companies share this space, suggesting a virtual address. The company is managed by six directors and owned by two individuals, and operates an e-commerce site. It regularly imports jewelry, precious stones, and metals (for three months), and exports clocks, watches, and their parts (for twelve months).

Ferrari Express Ltd acts as a one-stop service provider specializing in shipping, integrated logistics, and high-value services for jewelry and precious goods worldwide. Its website highlights expertise in luxury goods, offering customs solutions, freight forwarding, ground transportation, security, ICT tools, fiscal solutions, and support for global exhibitions and private events. The company also provides logistics services, handles special VIP services, manages fine art, and offers quality control and after-sales services.

Financially, Ferrari Express Ltd presents a mixed picture. While turnover increased by 7.4% to £15 million, net assets decreased by 14% to £7.5 million. Bank borrowings increased by 20% to £29,000, and cash reserves fell by 18% to £5.3 million. Creditors also increased by 10% to £3.7 million. The company’s significant assets and revenue suggest a stable business, but the decrease in net assets and increase in borrowings could indicate tighter margins or increased investment. The company meets two of three criteria to be considered large, with turnover exceeding £36 million and balance sheet total over £18 million, and average employees over 250.

The company’s auditor, Albert Goodman LLP, has given the financial statements a clean audit opinion. It’s worth noting that the company’s directors have taken steps to ensure the auditors are aware of any relevant information. Overall, Ferrari Express Ltd appears to be a well-established player in the luxury goods logistics sector, but it's facing some financial pressures that will need to be managed.

Registered in England/Wales under the registration number 06025386, with a registered address at KT1 2JW, United Kingdom, Kingston Upon Thames, 1st Floor 8 Bridle Close.

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