Fresh Freight Limited

Fresh Freight Ltd, based in Gateshead, UK, is a sizable and active company founded 31 years ago. With 143 employees and £6.66 million in assets, the firm generates £20.39 million in revenue annually. It's a holding company with four directors and one owner, boasting a 4.0-star Google rating from 33 reviews. The company regularly exports electrical machinery and equipment (12 months), but imports furniture, lighting, and prefabricated buildings irregularly (1 month).

The company operates within the freight transport by road industries and is part of a larger group, Kinaxia Logistics. It owns Specialist Logistics Solutions (sls) Limited and has a history, previously known as Travelbest Limited. The company's website highlights a multidisciplinary group of profitable, privately owned companies working together to deliver a market-leading service. Kinaxia maintains local identities while implementing technology-based systems.

Financially, Fresh Freight Ltd shows a mixed picture. Accrued liabilities decreased significantly by 74%, a positive sign, while deferred income also dropped. However, the company’s cash bank on hand declined by 56%, suggesting tighter liquidity. Despite this, administrative expenses decreased by 13%, which could indicate cost-cutting measures. Turnover fell by 5%, and net losses deepened, although the company’s debt management seems to be improving, with creditors decreasing. The lack of an auditor mentioned likely means the accounts are unaudited.

The company's large size—meeting two of three conditions for a large company—and its position within Kinaxia Logistics suggest a stable, if somewhat pressured, operation. The regular export activity indicates a consistent revenue stream, while the irregular imports might reflect changing market demands or supply chain issues.

Registered in England/Wales under the registration number 02815349, with a registered address at NE11 0QY, Gateshead, Tyne & Wear, The Railhead Building Earlsway, Team Valley Trading Estate.

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