Global Freight Connections Limited

Global Freight Connections Ltd, based in Essex, UK, is a sizable company operating as a holding entity with an active status. Established 23 years ago in 2002, it employs 80 people and holds assets valued at £3,047,761. Despite this substantial asset base, the company utilizes a virtual address, with 36 other companies registered at the same location, which is a bit unusual. It's managed by six directors and has one owner, and enjoys a respectable Google rating of 4.0 based on 84 reviews.

The company specializes in freight forwarding, regularly importing paper and paperboard products for five months and exporting machinery, boilers, and mechanical appliances parts for six months. Its website is currently undergoing updates, promising a “better experience” and directing inquiries to salesgfcgroup.co.uk.

Financially, Global Freight Connections Ltd presents a mixed picture. While turnover remains undisclosed, the company’s net assets have decreased by 14%, dropping to £2.6 million. Cash reserves have also fallen significantly, down 42% to £540,000. However, creditors have decreased by 18%, suggesting improved debt management. Bank borrowings have completely disappeared, a positive sign, and staff costs have fallen by 6%. Despite these challenges, the company’s assets remain substantial. The company’s auditors, Taylor Viney & Marlow Limited, have reported that the company’s accounts are unaudited. The company’s net loss has increased significantly, from £790,000 to -£35,000. It’s clear that the company is facing some pressures, and it’s difficult to say whether the company will be able to turn things around.

Registered in England/Wales under the registration number 04364587, with a registered address at CM4 9DW, Essex, 46-54 High Street, Ingatestone.

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