Sas Logistics Limited
- Small
- Active
- 24 years
- 36 employees
- £1,146,535 (assets)
- Virtual address
- 2 directors
- 1 owner
- Regular importer
- Regular exporter
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Logistics Ltd Sas from Northampton UK is a small, active company founded 24 years ago in 2000. Employing 36 people, it holds £1,146,535 in assets and operates from a virtual address, a bit odd really. The business is run by two directors and a solo founder, Spendlove Lee, who also owns the company. It regularly imports machinery, boilers, and mechanical appliances (parts) – five months worth – and exports electrical machinery and equipment – seventeen months worth.
The company's website, saslogistics.co.tz, paints a picture of a larger operation than its size suggests. Based in Dar es Salaam, Tanzania, SAS Logistics and Transport provides full-range logistics services, from air freight to warehousing. It's a veteran-owned and operated 3rd party logistics company with over 65 years of industry experience, leveraging technology and a team of professionals to give its customers a competitive edge. The site highlights a focus on customer service, team work, and safety, even boasting a cycling team, Team Matambuu. They proudly serve global multinationals and even won an Excellence in Trucking Operations Award recently.
Financially, SAS Logistics Ltd shows some concerning trends. Current assets have fallen by 18% to £1,100,000, while net assets have dropped 5.8% to £880,000. Bank borrowings have increased by 11% to £66,000, and cash reserves have plummeted 62% to just £30,000. Creditors have also decreased by 37%, which is a positive sign. The company’s small size (meeting two of three conditions for being considered small) helps it remain flexible, but the drop in cash is something to keep an eye on. There’s no mention of an auditor, which is typical for a small company like this.
Overall, SAS Logistics Ltd seems to be navigating some challenges, despite its strong reputation and focus on customer service. The company’s success will likely depend on its ability to maintain its competitive edge and manage its finances effectively.
Registered in England/Wales under the registration number 04066082, with a registered address at NN4 7YB, England, Northampton, 1 Rushmills.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Spendlove Lee
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Spendlove Katie Louise
- 11 years
-
Resident of United Kingdom
-
Individual
- Spendlove Lee
- 12 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 10 pages pdf report
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Memorandum and Articles of AssociationDownload 53 pages pdf report
-
ResolutionsDownload 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Sas Logistics Limited
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