Indipac Logistics Limited

Indipac Logistics Ltd, based in Swindon, UK, is a small, active company founded eleven years ago. With seven employees and £172,285 in assets, it’s a modest operation run by three directors and two owners, holding a stellar 5.0 Google rating from six reviews. The company is an irregular importer, primarily dealing with fats, oils, and waxes from animal, plant, or microbial sources, with just one month of import activity recorded as of March 2022.

The company’s website highlights its focus on providing individual packing and transport solutions. Established in 2002, it initially packed automotive components for Honda before expanding to offer dedicated transport services. Quick links on the site emphasize its services, transport capabilities, and contact information. The company operates from the Groundwell Industrial Estate in Swindon, and its website, infoindipac.com, provides further details.

Financially, Indipac Logistics Ltd presents a mixed picture. Accumulated depreciation on plant machinery increased by 28%, while vehicles saw a 10% decrease. Bank borrowings decreased by 52%, but bank overdrafts rose by 30%. Creditors increased significantly by 65%, and current assets dropped by 6.8%. Equity, however, plummeted by 35%, resulting in net assets of -£160,000. The company meets the criteria for a small company, 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.

Overall, Indipac Logistics Ltd appears to be navigating a challenging financial landscape. While its transport services are clearly established, the decline in equity and increase in creditors suggest a need for careful financial management. The company’s small size allows for agility, but the need to maintain a positive cash flow will be crucial for its long-term success.

Registered in England/Wales under the registration number 08625342, with a registered address at SN5 7EX, England, Swindon, Unit 7 C/O Lawrence Rose Ltd Basepoint Business Centre, Rivermead Drive.

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