Ntg Ebrex Uk Ltd

Ntg Ebrex Uk Ltd, based in Lichfield, UK, is a large holding company with an active status, having been incorporated nineteen years ago in January 2006. Employing 63 people, the company holds assets worth £7,449,248 and generates a yearly revenue of £30,204,028. It operates from a real address and is overseen by five directors and one owner. Google reviews are excellent, boasting a 5.0 rating based on 69 reviews. The company regularly imports paper and paperboard products (for six months) and exports electrical machinery and equipment (for twelve months).

Ntg Ebrex Uk Ltd functions as a freight transport company, specializing in road, sea, and coastal freight water transport, alongside warehousing and storage facilities. It’s part of a larger group, NTG Nordic Transport Group A/S, based in Denmark. The company’s website doesn’t offer direct e-commerce, instead focusing on providing freight forwarding and logistics services.

Looking at the financial data, Ntg Ebrex Uk Ltd’s financial health presents a mixed picture. Current assets have significantly decreased by 26%, dropping to £7,400,000, while net assets also declined by 37%, reaching £2,900,000. Bank borrowings have increased by a substantial 270%, reaching £350,000, and cash reserves have fallen 50%, to £3,100,000. However, creditors have decreased by 25%, suggesting improved debt management. The company meets the criteria for a large company, having turnover over £36 million, balance sheet total over £18 million, and average number of employees over 250. The lack of an auditor mentioned, likely due to its size, means the financial statements are unaudited.

The company’s reliance on its parent group for financial support is evident, and the decline in cash reserves may indicate increased operational expenses or investments. The decrease in net assets, while concerning, could be a result of strategic investments or accounting adjustments. The company’s continued import and export activities suggest a stable business model, but the financial data warrants close monitoring. The financial statements were prepared using Caseware UK (AP4) 2023.0.135.

Registered in England/Wales under the registration number 05682479, with a registered address at WS14 9HY, United Kingdom, Lichfield, Unit 1 Liberty Park, Burton Old Road.

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