Global Cargo Services Ltd

Global Cargo Services Ltd, based in Bolton, UK, is a small, active company founded seven years ago in 2018. With a single employee and £13,146 in assets, it's a solo-founded operation led by a director and owner, Rashid Amer. The company has a real address and maintains a 4.0 Google rating from five reviews. It regularly imports clothing and accessories, not knitted or crocheted, with eight months of import activity recorded, the latest in August 2024.

The company’s website details a wide range of services, from air, sea, and road freight to warehousing, customs clearance, and procurement. It caters to both individual clients and larger commercial projects, offering bespoke solutions for import and export needs. Products and services listed include containerized storage, car shipping, and even antique transport—a diverse portfolio suggesting a flexible approach to logistics. The website also has a contact form, which is very useful.

Financially, Global Cargo Services Ltd presents a mixed picture. Current assets have decreased by 20% to £13,000, while net assets have plummeted 30% to -£11,000. Cash bank on hand has fallen significantly by 62% to just £3,100, and bank borrowings remain steady. Trade debtors have increased by 20% to £10,000, which could indicate growing customer demand, but also potential payment delays. 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 equity decline raises concerns. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Global Cargo Services Ltd appears to be navigating a challenging financial landscape. While its diverse service offerings and positive Google rating suggest a solid foundation, the declining equity and reduced cash reserves warrant close monitoring.

Registered in England/Wales under the registration number 11250301, with a registered address at BL3 3AQ, England, Bolton, Office A, The Swan Business Centre, 4 Higher Swan Lane.

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