Gr Freight Services Limited

Gr Freight Services Limited, based in Southall, UK, is a small, active company founded five years ago in 2019. With six employees and £481,734 in assets, it operates from a real address shared by four other companies. The business is run by one director and one owner, and it’s an irregular importer, primarily dealing in milling products—just two months of import activity recorded, the latest in March 2024.

The company’s core business involves freight transport across various modes: road, sea, coastal, and air. It also handles cargo handling for air transport activities, suggesting a diverse range of services catering to different logistics needs. While it doesn’s have a website to analyze, its business profile indicates a focus on facilitating the movement of goods.

Financially, Gr Freight Services Limited shows a mixed picture. Current assets have increased by a significant 42%, reaching £480,000, while net assets have surged by 280%, hitting £330,000. Cash reserves have also seen a healthy increase of 42%, sitting at £310,000. However, creditors have decreased by 94% to just £2,000, which could indicate a successful effort to manage debt, or perhaps a temporary lull in supplier invoices. Trade debtors have also risen by 41%, which might suggest a delay in customer payments. The company meets two of three criteria to be considered small: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

The increase in net assets and cash reserves is encouraging, but the rise in trade debtors warrants attention. Overall, Gr Freight Services Limited appears to be growing, but keeping an eye on its accounts receivable will be important for sustained financial health.

Registered in England/Wales under the registration number 12016234, with a registered address at UB2 5YG, England, Southall, Unit 9 Market Trading Estate, Christopher Road.

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