M F Logistics (uk) Limited

M F Logistics (uk) Limited, based in Leigh, Lancashire, is a sizable company with an active status, having operated for 23 years. Employing 64 people and boasting assets of £5,185,802, the company generated a yearly revenue of £14,787,465. With six directors and one owner, it's a well-structured operation, and its 4.0 Google rating from five reviews suggests a positive customer experience. The company's real address is registered at Amethyst House, Meadowcroft Way, WN7 3XZ.

M F Logistics specializes in groupage shipments from the UK to Ireland, catering to both Northern and Southern destinations. Their website highlights expertise in serving industries like aerospace, automotive, healthcare, and technology, offering services ranging from contract logistics to customs clearance and warehousing. They also provide a booking portal and online tracking. The company’s website also advertises a range of services, including aircraft chartering and distribution of goods.

Financially, M F Logistics shows a mixed picture. While turnover remained steady at £15 million, profits dipped significantly by 43%, falling to £860,000. Cash bank on hand decreased by 6.7% to £810,000, and net assets declined by 25% to £3.3 million. However, creditors decreased by 18%, indicating improved debt management. The company's bank borrowings also decreased by 56%. The company meets two of three conditions to be considered large, with a turnover of £15 million and assets of over £5 million. The company's auditor is Xeinadin Audit Limited.

These shifts could be attributed to various factors, such as increased competition in the logistics sector, Brexit-related disruptions, or changes in customer demand. The decrease in profits, despite steady turnover, suggests rising operational costs or pricing pressures. The decrease in cash reserves could be due to increased investment in infrastructure or expansion efforts. The company’s continued focus on specialized services and strong customer relationships should help it navigate these challenges.

Registered in England/Wales under the registration number 04366311, with a registered address at WN7 3XZ, Leigh, Lancashire, Amethyst House, Meadowcroft Way.

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