Freight - Logic Limited

Freight Logic Limited, based in Woodbridge, UK, is a small, family-run business with an active status. Founded 21 years ago in 2003, it employs just two people and holds £53,112 in assets. The company operates from a virtual address, registered at a shared space, and is overseen by three directors and two owners. It’s an irregular importer, primarily dealing with paper and paperboard products, with just two months of import activity recorded as of November 2024.

The company’s website is non-existent, making it difficult to determine the full scope of its operations beyond the import activities. It operates within the broader transportation support activities industries.

Financially, Freight Logic Limited presents a mixed picture. Current assets have increased by 25% to £53,000, while net current assets and liabilities remain steady at £32,000. Bank borrowings are non-existent, and cash reserves have increased by 6.1% to £13,000. Creditors have increased significantly, rising by 99% to £22,000, which may indicate increased purchasing activity. 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 remain flexible, but the increase in creditors should be monitored. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Freight Logic Limited seems to be holding its own, but the rise in creditors suggests a need for careful financial management.

Registered in England/Wales under the registration number 04846326, with a registered address at IP13 9BQ, England, Woodbridge, Suffolk, 5 Church Street, Framlingham.

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