Nmc Global Logistics Limited

Nmc Global Logistics Ltd from Ipswich UK: a small, active company founded 25 years ago, employs just three people, and holds £81,456 in assets. It operates from a virtual address, managed by one director and two owners, and enjoys a perfect 5.0 Google rating based on a single review. The company is an irregular importer, primarily dealing with electrical machinery and equipment, with its last import operation occurring a year ago.

The company’s website, while basic, details its core business: freight forwarding services in Felixstowe, England. It’s a private limited company established in 2000, and its registered address is located at 80 Compair Crescent, Ipswich. The address is probably virtual as 277 companies registered at the same address. The business operates in freight transport by road, warehousing, and other related services. It’s a tight-knit operation, with a director signing the financial statements.

Financially, Nmc Global Logistics Ltd’s report reveals a mixed picture. Current assets have fallen by 43% to £81,000, while net assets have dropped a significant 25% to £30,000. Bank borrowings have decreased by 39%, reaching £16,000, and cash reserves have plummeted 43% to £13,000. Creditors have also decreased by 37%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s financial data also shows an increase in depreciation charges for computer equipment, and a decrease in the value of its plant machinery. The company has a policy of using the 5 years straight line method for depreciation. The company is also taking advantage of the small companies regime in not publishing its own profit loss statement.

Registered in England/Wales under the registration number 03902170, with a registered address at IP11 7SL, England, Felixstowe, Suffolk, Bridge Works (Bridge Road), Bridge Road.

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