K C Group Shipping Limited

KC Group Shipping Ltd, based in Glasgow, UK, is a sizable company with a 37-year history, currently employing 29 people. The company boasts substantial assets of £4,668,215 and generates a yearly revenue of £11,238,607. It's an active entity with a real address and is led by one director and one owner. A perfect 5.0 Google rating from a single review speaks to its customer service. KC Group Shipping is an irregular importer, specializing in vehicles, parts, and accessories (excluding trains and trams), with its last import operation occurring one month ago.

The company’s website paints a picture of a full-service logistics provider. Beyond simply moving goods, KC Group Shipping offers customs management, movement guarantee services, and sector-specific solutions for industries like food, retail, oil and gas, and pharmaceuticals. They even have a dedicated division for project cargo, demonstrating a capability to handle complex and oversized shipments. The website emphasizes partnerships and expertise, highlighting case studies and offering resources like news insights and document centers. It's clear they're not just a shipping company, but a supply chain partner.

Financially, KC Group Shipping shows some interesting trends. While cash bank on hand increased by a significant 28% to £3,000,000, net assets only increased by 4.9% to £2,400,000. Bank borrowings have completely vanished, a positive sign, but trade debtors have fallen by a substantial 39%, which could indicate slower payments from clients or a deliberate strategy to reduce credit exposure. Administrative expenses remained relatively stable, while director remuneration decreased by 28%, suggesting cost-cutting measures. The company’s large size (meeting two of three criteria for a large company) means it isn't subject to a full audit, relying instead on unaudited statements. The company's auditor is TB Dunn & Co.

Overall, KC Group Shipping appears to be a stable, established player in the shipping and logistics sector. The decrease in debtors is something to keep an eye on, but the company’s strong revenue and healthy cash position suggest it’s navigating the current economic climate effectively.

Registered in Scotland under the registration number SC110547, with a registered address at G41 1HH, Scotland, Glasgow, South Suite, 5 Seaward Place.

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