Lexington Freight Forwarding Ltd

Lexington Freight Forwarding Ltd, based in East Grinstead, UK, is a small, active company founded 26 years ago. With four employees and £619,515 in assets, it’s a well-established player in the freight forwarding industry. The company, which has two directors and one owner, boasts a solid 4.0 Google rating based on three reviews. It’s an irregular importer, primarily dealing with electrical machinery and equipment, with its last import operation occurring in January 2023.

The company’s website highlights its services: air, road, and sea freight solutions across the UK. Lexington Freight Forwarding positions itself as a leading expert in global freight, catering to customers nationwide. It emphasizes bespoke multimodal freight options, partnering with reputable air freight companies, and providing tailored sea freight solutions. Beyond freight services, the company also offers storage at its warehouse facility in the South East. It's a name you can trust, they say, a licensed IATA agent with a team of experienced freight specialists, offering a personal approach without call centres.

Financially, Lexington Freight Forwarding Ltd shows a mixed picture. Cash bank on hand has significantly dropped by 66%, falling to £150,000. Trade debtors have increased substantially by 130%, reaching £470,000, which could indicate challenges in collecting payments. On the other hand, creditors have also risen by 12%, to £200,000. Equity has decreased by 11%, to £430,000. The company’s small size—meeting two of three criteria for being considered small—helps it maintain agility, but the decline in equity warrants closer attention. No auditor is mentioned, as the company is exempt from an audit.

The company's financial data shows a decrease in depreciation impairment, which could be a positive sign, but also a decrease in current assets, which might indicate a need to manage working capital more efficiently. It's clear that Lexington Freight Forwarding is a company with a long history, but it's facing some financial pressures that it will need to address to ensure its continued success.

Registered in England/Wales under the registration number 03576794, with a registered address at RH19 2LY, United Kingdom, East Grinstead, Copperfield Furzefield Chase, Dormans Park.

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