Inter-continent Couriers Limited

Inter Continent Couriers Ltd from Heston UK: a small holding company with an active status, was founded 39 years ago in 1986. Employing five people, the company holds assets totaling £1,046,505 and operates from a real address. Five directors oversee the business, which is owned by a single individual. The company regularly imports clothing and accessories (excluding knitted or crocheted items) for eight months, and occasionally exports optical and medical tools and devices (for one month).

The company's website highlights its services as a trusted transport delivery service, offering air, road, ocean freight, and warehouse storage solutions. It emphasizes global reach, with a network spanning over 220 countries, and positions itself as a provider of "expert advice" for international shipping. The website also features a tracking system and a customer care representative available 24/7. It’s clear they are targeting businesses needing international logistics support, with a focus on ease of use and reliable service. The presence of a Glasgow office, along with branches in China, UAE, Germany, and Indonesia, demonstrates a global reach.

Financially, Inter-Continent Couriers Ltd presents a mixed picture. While current assets increased by 20% to £1,000,000, net assets also grew by 28% to £450,000. However, bank borrowings decreased by 31% to £22,000, and cash reserves increased by a substantial 74% to £170,000. Trade debtors rose by 13% to £880,000, and creditors decreased by 31% to £22,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the increase in debtors suggests a need to manage cash flow effectively. The company’s accounts are unaudited, as it is exempt as a small company.

Overall, Inter-Continent Couriers Ltd appears to be a stable, albeit small, business navigating the challenges of the logistics industry. The growth in assets and cash reserves is encouraging, but the increase in trade debtors warrants close attention.

Registered in England/Wales under the registration number 01975996, with a registered address at TW5 9NB, England, Heston, Middlesex, Unit 25 Phoenix Distribution Park, Phoenix Way.

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