Front Runner Logistics Limited

Front Runner Logistics Ltd, based in Maidenhead, UK, is a well-established logistics provider with a 25-year history and an active trading status. Employing 150 people and holding assets of £4,012,766, the company operates from a virtual address, a point to note, and is overseen by four directors and a single owner. The company has a strong Google rating of 4.0 based on 69 reviews.

The business specializes in both importing and exporting. It’s an irregular importer, bringing in leather goods, travel bags, and animal harnesses, with the last import operation occurring in October 2024. Conversely, it’s a regular exporter of electrical machinery and equipment, with the last export operation also in October 2024. The company’s website highlights its services, including air freight, medicinal products logistics, and specialized transportation for firearms, operating 24 hours a day, seven days a week. They even have a security screening operation approved by the CAA.

Financially, Front Runner Logistics Ltd’s recent report shows some interesting trends. While staff costs increased by a significant 20%, net assets declined by 17% to £2.3 million. Bank borrowings surged by a substantial 51%, reaching £22 million, and cash reserves fell 15% to £570,000. Creditors, however, decreased by 18%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) gives it a degree of flexibility. The report was audited by Stiles Accountants Limited. Despite the decrease in cash reserves, the company’s continued growth in staff costs and the increase in bank borrowings could indicate expansion plans, though it also suggests a need to carefully manage its finances. The company’s virtual address, shared by 51 other companies, is a point to consider when assessing its operational infrastructure.

Registered in England/Wales under the registration number 03919782, with a registered address at SL6 0JQ, Maidenhead, Berkshire, 2 Lake End Court, Taplow Road, Taplow.

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