International Freight Logistics Ltd

International Freight Logistics Ltd is a small, active company based in Oswaldtwistle, Accrington, UK. Founded fourteen years ago in 2010, it employs just three people and holds £218,591 in assets. The company operates as a regular importer, specializing in aluminum and aluminum products, with its last import operation recorded three months ago in August 2019. It has two directors and two owners, and the registered address is a real one, shared by only one other company.

The company’s activities focus on cargo handling for water transport, suggesting a role in logistics and shipping. It’s a small business, meeting two of the three criteria for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company is owned by Joseph Sanju Konnathu and Kuttan Suresh Kumar Pulimchuvattil, who also serve as directors.

A review of the company’s financial data reveals a mixed picture. While bank borrowings decreased by 34%, cash reserves plummeted by over half, dropping to £35,000. Trade debtors increased significantly, rising by 29%, which could indicate a growing customer base, but also potential payment delays. Creditors also decreased, suggesting improved debt management. Equity, however, increased by 52%, a positive sign of retained earnings. The company's net assets liabilities increased by 29%, and net current assets liabilities increased by 28%.

Despite these fluctuations, the company appears to be navigating its operations. The lack of an auditor mentioned is common for small companies. The figures are unaudited, and rely on director-reported data. The company’s focus on aluminum imports, coupled with its small size and active status, suggests a niche role within the broader logistics sector.

Registered in England/Wales under the registration number 07382707, with a registered address at BB5 0EY, England, Oswaldtwistle, Accrington, Oswaldtwistle Mills Business & Conference Centre Clifton Mill, Pickup Street.

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