Golden Gate Cargo Ltd

Golden Gate Cargo Ltd, based in Southall, UK, is a small, active company founded nine years ago in 2016. With three employees and £14,783 in assets, it operates from a real address and is managed by one director and owner. The company boasts a respectable 4.0 Google rating from five reviews, and is an irregular importer of electrical machinery and equipment, with its last import activity recorded one month ago.

The company’s website highlights its services as a freight forwarding company, offering air, sea, and road freight solutions, as well as packaging, pickup & delivery, and multimode freight options. It has a wide network of offices spanning the UK, India, Guangzhou, Yiwu, USA, Turkey, and Dubai, catering to international shipping needs. The website’s design is clean and professional, emphasizing efficiency and reliability.

Financially, Golden Gate Cargo Ltd shows a mixed picture. While cash reserves increased slightly to £280, net assets declined by 22% to -£45,000. Bank borrowings remained steady at £6,300 and £44,000, but creditors decreased by 42% to £17,000, suggesting improved debt management. The company meets two of three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There's no auditor mentioned, likely due to its small size.

The decrease in equity and the reliance on bank borrowings could indicate the company is burning through cash to fuel its operations. However, the reduction in creditors suggests a focus on managing its liabilities. It's possible the company is in a growth phase, reinvesting profits back into the business, or facing temporary challenges in its import activities.

Registered in England/Wales under the registration number 10010010, with a registered address at UB2 5HN, England, Southall, 97 Western Road.

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