Majestic International Freight Forwarding Limited

Majestic International Freight Forwarding Ltd, based in Dover, UK, is a small, family-run business with an active status. Founded 34 years ago in 1991, the company employs six people and holds £263,388 in assets. It operates from a virtual address, with three directors and two owners overseeing its operations. The business is an irregular importer, primarily dealing in drinks, alcohol, and vinegar, with the last import activity recorded one month ago in December 2023.

The company’s website highlights Majestic International Freight Forwarding’s personalized freight forwarding and logistics services, emphasizing experience and professionalism. It caters to a wide range of clients, from small businesses needing guidance to multinational corporations. Majestic specializes in handling Fine Art, Wine, Motor Car Parts, Chemicals, and Pharmaceuticals, in addition to general cargo. The company is a member of the British International Freight Association (BIFA).

Financially, Majestic International Freight Forwarding Ltd shows some concerning trends. Current assets have decreased by 23%, dropping to £260,000, while net assets have fallen by 22%, settling at £160,000. Bank borrowings have increased by a significant 2.5%, reaching £10,000, and cash reserves have declined by 30%, leaving £120,000. Creditors have also decreased by 18%, which may indicate better debt management. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible. The lack of an auditor mentioned suggests it's exempt from an audit as a small company.

While the company appears to be operating, the decline in assets and cash reserves suggests it may be facing financial pressures. The family-run nature and focus on specialized cargo handling could provide stability, but the trend needs to be monitored.

Registered in England/Wales under the registration number 02593069, with a registered address at CT16 1BL, England, Dover, Kent, Charlton House, Dour Street.

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