Global Freight Logistics Ltd

Global Freight Logistics Ltd, based in Basildon, UK, is a small, active family business founded eight years ago. With ten employees and £1,446,575 in assets, the company operates from a real address and is managed by two directors and two owners. It holds a respectable 4.0 Google rating based on 31 reviews. The company specializes in sea and coastal freight water transport and is an irregular importer of electrical machinery and equipment, with the last import operation occurring just a month ago.

The company’s website highlights its diverse range of services, catering to various industries including aerospace, automotive, chemicals, e-commerce, healthcare, hi-tech, manufacturing, personal effects, publishing, and retail. It’s clear they’re aiming to be a one-stop shop for logistics needs, offering air, ocean, road freight, customs brokerage, warehousing, and fulfilment services. Their website also mentions a global network of logistics specialists, suggesting a broader reach than their small size might imply.

Financially, Global Freight Logistics Ltd shows some interesting trends. Cash reserves decreased by 1.5% to £1,200,000, while bank borrowings remained steady at £25. Trade debtors decreased by 20%, suggesting better collection practices. However, other creditors saw a significant increase of 740%, reaching £67,000, which could indicate increased supplier costs or extended payment terms. Despite a decrease in average employees by 10%, the company’s net assets increased by 14% to £920,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in creditors is something to keep an eye on. No auditor is mentioned, likely due to the small company exemption.

Overall, Global Freight Logistics Ltd seems to be navigating a competitive market. While the financial picture isn't entirely smooth, their diverse service offerings and global network position them well for continued growth.

Registered in England/Wales under the registration number 10483052, with a registered address at SS15 6TQ, England, Basildon, Essex, Astra House Christy Way, Southfields Business Park.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.