Global Container Services Limited

Global Container Services Ltd, based in Felixstowe, UK, is a small, holding company with an active status. Established 41 years ago in 1983, it employs 13 people and holds assets worth £3,164,041. The company has a real registered address, two directors, and one owner, and boasts a respectable Google rating of 4.0 based on 14 reviews. It’s an irregular importer, primarily dealing with oil seeds and fruits used for oil, with the most recent import activity occurring just one month ago in July 2024.

The company's website paints a picture of a comprehensive freight forwarding and logistics provider. Global Container Services offers customs clearance, freight forwarding, container haulage, port health services, warehousing, and distribution – catering to sea, air, rail, and road freight movements. They operate within a large network of overseas agents and have direct links to HMRC for efficient customs clearance. Their website highlights a commitment to personal service and specialist knowledge, with dedicated vehicles for door-to-door delivery. The company’s services extend to piano restoration, a surprising diversification from its core freight business.

Financially, Global Container Services Ltd shows some concerning trends. While cash reserves increased by 19% to £2.4 million, current assets only grew slightly, by 2.6% to £3.2 million. Trade debtors decreased significantly, by 28% to £780,000, which could be a positive sign of improved collections, or it could indicate a slowdown in sales. However, creditors also decreased by 15% to £1.1 million, and the company’s net assets have increased by 5.3% to £2.1 million. 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 increase in corporation tax payable by 120% to £210,000 is a point of concern. The company’s financial statements are unaudited, and no auditor is mentioned. Overall, the company seems to be holding steady, but the increasing tax liability suggests a need for careful financial management.

Registered in England/Wales under the registration number 01730642, with a registered address at IP11 7SH, United Kingdom, Felixstowe, Suffolk, Ordnance House, 1 Garrison Lane.

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