Freedom Logistics International Limited

Freedom Logistics International Ltd, based in Basildon, UK, is a small, holding company with an active status. Founded 22 years ago in 2002, it employs ten people and holds £763,264 in assets. The company, which has four directors and one owner, maintains a real registered address and boasts a stellar 5.0 Google rating based on ten reviews. It’s an irregular importer, primarily dealing with essential oils and perfumes, with just one month of import activity recorded as of February 2022.

The company’s core business involves freight transport by road, sea and coastal freight water transport, and freight air transport. It operates as a holding company, likely overseeing other logistics ventures, though details on these are scarce. The website, which is currently unavailable, suggests a focus on logistics services, but the lack of online presence makes it difficult to assess its current operations.

Financially, Freedom Logistics International Ltd presents a mixed picture. While cash reserves increased by a substantial 82%, rising to £310,000, current assets decreased by 8.5%, settling at £760,000. Trade debtors have fallen by a significant 32%, which could indicate improved collection practices, but also potentially reduced sales. Bank borrowings have also decreased, and creditors have fallen by 26%, suggesting better management of short-term liabilities. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in debtors is something to keep an eye on. The unaudited figures, overseen by Maynard Heady LLP, rely on director-reported data.

Overall, Freedom Logistics International Ltd appears to be navigating a period of adjustment. The increase in cash reserves is encouraging, but the decrease in debtors warrants closer scrutiny. The company’s long-standing presence and positive Google rating suggest a degree of stability, but its future hinges on maintaining its operational efficiency and adapting to changing market conditions.

Registered in England/Wales under the registration number 04585384, with a registered address at SS15 6TH, England, Basildon, Argent Court Sylvan Way, Southfields Business Park.

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