Mapcargo International Limited

Mapcargo International Ltd from Uxbridge UK is a large company, holding company, and is currently active. Founded 29 years ago in 1995, the company employs just four people and holds assets of £19,905,238. It generates a substantial revenue of £33,100,685 annually. Despite having a registered address, the company utilizes a virtual address, as forty companies are registered at the same location. The company is managed by two directors and has one owner, and boasts a stellar Google rating of 5.0 based on 45 reviews. Mapcargo specializes in irregular exports of machinery, boilers, and mechanical appliances; parts, with the last export operation occurring two months ago.

The company’s website, infomapcargo.co.uk, positions Mapcargo as a global logistics provider. The site highlights services including air, ocean, and road freight, as well as time-critical deliveries. It’s clear the company operates primarily as a freight forwarding and supply chain management business, with a focus on connecting clients with efficient and reliable logistics solutions. There’s no indication of e-commerce activity on the site; it functions purely as an informational portal for potential clients.

Financially, Mapcargo presents a mixed picture. While turnover dropped by 45% to £33,100,685, assets remain high at £19,905,238. However, net assets plummeted 53% to £5,200,000, and net losses deepened to -£23,000. Bank borrowings surged by 2,400% to £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, having a turnover over £36 million and a balance sheet total over £18 million. With no auditor mentioned, the figures are unaudited.

Overall, Mapcargo International Ltd appears to be navigating a challenging financial climate. While its core business of freight forwarding remains active, the significant drop in net assets and increased borrowings suggest the company is burning through money. The high turnover and asset base indicate a sizable operation, but the company's future hinges on its ability to stabilize its financial performance and maintain its reputation for quality service.

Registered in England/Wales under the registration number 03062982, with a registered address at UB8 2FX, Uxbridge, Middlesex, 3 Brook Business Centre, Cowley Mill Road.

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