Jager Freight Ltd

Jager Freight Ltd, based in London, UK, is a small, active company founded twelve years ago in 2012. Employing sixteen people and holding assets of £930,511, it operates from a virtual address – a detail flagged by the registration of sixty-four other companies at the same location. The company is run by two directors and two owners, with a solo founder at its helm. Jager Freight Ltd is an irregular importer, primarily dealing in various textile products, sets, used clothing, and rags, with the last import operation recorded over five years ago in February 2018. It also exports plastics and plastic products, with the most recent shipment occurring in June 2024.

The company’s website is non-existent, making it difficult to ascertain its online presence or e-commerce activities. It appears to focus solely on freight transport by road, operating within a competitive market.

Financially, Jager Freight Ltd shows a mixed picture. Current assets have increased by 26%, reaching £930,000, while net assets have also risen by 28% to £370,000. Cash reserves have seen a significant boost, increasing by 150% to £530,000 – a very positive sign. However, trade debtors have decreased by 24%, suggesting potential issues with customer payments. Bank borrowings remain minimal, at just £9. Creditors have increased by 32%, which could be due to increased purchasing activity. The company’s small size – meeting two of three criteria for a small company (turnover under £10.2 million, assets under £5.1 million, fewer than 50 employees) – allows for flexibility, but the rise in creditors warrants monitoring. As a small company, it’s likely exempt from an audit, relying on unaudited financial statements.

The company's increase in cash reserves is a good sign, suggesting improved cash flow management. However, the decrease in trade debtors should be investigated to ensure it doesn't indicate a growing risk of bad debts. Overall, Jager Freight Ltd appears to be financially stable, although continued monitoring of its debtor management is advisable.

Registered in England/Wales under the registration number 08210533, with a registered address at E16 1YL, England, London, Unit A3, Gateway Tower, 32 Western Gateway.

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