Neon Freight Limited

Neon Freight Ltd, based in Knutsford, UK, is a small, active company established twelve years ago in 2012. With ten employees and £530,217 in assets, it operates from a real address and is overseen by two directors and a single owner. The company’s core business involves freight transport by road, sea and coastal freight water transport, and freight air transport. It’s an irregular importer of plastics and plastic products, with just two months of import activity recorded as of December 2022, but a regular exporter of machinery, boilers, and mechanical appliances, boasting four months of export activity as of December 2024.

The company’s website, part of a larger network called The Cooperative Logistics Network, positions Neon Freight as a member of a capped, nonexclusive alliance of handpicked freight forwarders. The network emphasizes cooperation to grow businesses and serve clients worldwide, offering benefits like digital partnerships, online cargo insurance, and container exchange programs. It’s a membership-based organization, with fees varying based on market size and business volume. The website highlights testimonials from satisfied members, emphasizing the value of collaboration and trust within the network.

Financially, Neon Freight Ltd shows some concerning trends. Cash bank on hand dropped significantly by 51% to £150,000, while net assets plummeted 24% to £160,000. Trade debtors increased substantially by 53% to £380,000, which could indicate challenges in collecting payments, or a strategic decision to extend credit terms. Creditors also increased by 9.5% to £380,000. Despite these challenges, the company’s small size—meeting two of three criteria for being classified as small—allows for agility. There's no mention of an auditor, likely due to its status as a small company. The decrease in the average number of employees, from ten to nine, may be a result of cost-cutting measures or restructuring. Overall, Neon Freight Ltd appears to be navigating a period of financial pressure, but its membership in The Cooperative Logistics Network could provide a buffer and opportunities for growth.

Registered in England/Wales under the registration number 08183715, with a registered address at WA16 8XZ, England, Knutsford, Cheshire, Unit 7 Haig Court Haig Road, Parkgate Industrial Estate.

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