Freight Source Logistics Ltd

Freight Source Logistics Ltd, based in Harmondsworth, UK, is a small, active company founded four years ago. With five employees and £677,360 in assets, it operates from a real address on Skyport Drive. The company is owned by Chouhan Daljit and Mair Vishal, and directed by Mair Vishal Sagar and Chouhan Daljit Singh. It’s an irregular importer, primarily dealing in aircraft, spacecraft, and their parts, with recent activity recorded in May 2024.

The company’s website paints a picture of a specialist logistics provider, particularly focused on the aerospace and aviation sectors. It offers a wide range of services, including warehousing, third-party logistics, global fulfillment, and supply chain management—all underpinned by a claim of over three decades of industry experience. The site highlights certifications like AS9120 and ISO9001, and boasts a global network with 120 strategic offices. Testimonials from satisfied clients emphasize the company’s responsiveness, professionalism, and commitment to excellence.

Financially, Freight Source Logistics Ltd shows some interesting trends. Average employee numbers have jumped significantly, increasing by 120% to 11—a potential driver of higher operating costs. While cash reserves have grown by 45% to £130,000, current assets have also increased by 27% to £680,000. Trade debtors have risen by 23%, suggesting a potential reliance on customer payments. However, retained earnings have grown to £140,000, a positive sign. Bank borrowings have also increased slightly, reaching £2,000. 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 agility, but the rise in employee numbers will need to translate into increased revenue. With no auditor mentioned, the figures are unaudited. Overall, Freight Source Logistics Ltd appears to be growing, but managing its increased costs will be key to its long-term success.

Registered in England/Wales under the registration number 12828965, with a registered address at UB7 0LJ, United Kingdom, Skyport Drive, Harmondsworth, Office 2, Ground Floor, Unit 5, The Summit Centre.

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