Is Courier Ltd

Is Courier Ltd is a small, active company based in Ilford, UK, founded three years ago in May 2022. With a single employee and £11,307 in assets, it operates from a real address and is led by a solo founder who also serves as director and owner. The company is irregular importer of furniture, lighting, and prefabricated buildings, with just two months of import activity recorded as of September 2024. It operates within the other transportation support activities industries.

The company’s website, Singh Courier Ltd, focuses on providing fast and reliable delivery services across the UK. It offers a range of options, including same-day, next-day, overnight, and scheduled deliveries, as well as house and office removals. The website highlights its commitment to safety, reliability, honesty, and professional service, emphasizing its growth from a single van operation in 2018 to a growing fleet. Singh Courier's website also features testimonials from satisfied customers, further reinforcing its reputation for quality service.

Financially, Is Courier Ltd’s recent performance presents a mixed picture. Accumulated depreciation has increased significantly, rising by 320%, while cash bank on hand has seen a remarkable 1400% increase to £420. However, net assets have plummeted by 440% to -£14,000, and net current assets and liabilities have ballooned to -£35,000. Creditors have also increased substantially, rising by 210% to £46,000. The company’s small size—meeting two of three criteria for a small company—helps it maintain agility, but the decline in equity raises concerns. The accounts are unaudited, and no auditor is mentioned, which is typical for companies of this size.

In short, Is Courier Ltd appears to be navigating a challenging financial period, despite its focus on customer service and growth. The company’s ability to sustain its operations and continue its expansion will depend on its ability to manage its debts and improve its profitability.

Registered in England/Wales under the registration number 14085190, with a registered address at IG2 7BA, England, Ilford, Essex, 17 Wards Road, Newbury Park.

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