Flexcargo Limited

Flexcargo Limited is a small, active company based in Bracknell, UK, founded five years ago in March 2020. It employs just one person and holds £258,741 in assets. With a real address at 49 Eagle Way, RG12 8EG, the company is run by two directors and two owners, although the list of owners changed two years ago and isn’t exhaustive.

The business operates across several industries, including retail sale via mail order, freight transport by road, sea and coastal freight water transport, and freight air transport. Its website is currently unavailable, making it difficult to assess its e-commerce presence.

Financially, Flexcargo Limited presents a mixed picture. While current assets decreased by 3.8% to £250,000, fixed assets saw a dramatic 1500% increase to £25,000—likely due to investments. Bank borrowings were reduced by 68% to £18,000, which is good, but net current assets and liabilities took a significant hit, dropping 330% to -£22,000. Cash reserves also fell by 61% to £17,000. Creditors increased by 8.7% to £270,000, and trade debtors rose by 8.1% to £230,000. The company meets the criteria to be classified as a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, consistent with its status as a small, exempt company.

These numbers suggest Flexcargo Limited may be experiencing some financial strain, although the large increase in fixed assets could indicate strategic investments for future growth. It’s possible the company is burning through cash to expand its operations, but more detailed information would be needed to confirm this.

Registered in England/Wales under the registration number 12518082, with a registered address at RG12 1WA, England, Bracknell, Venture House Downshire Way, 2 Arlington Square.

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