Oceanblue Logistics Limited

Oceanblue Logistics Ltd from Grimsby UK: a small, active company founded 19 years ago, employs 44 people, and holds £3,536,820 in assets. It has a real address, three directors, two owners, and a stellar 5.0 Google rating from nine reviews. They are regular importers of optical and medical tools and devices, with recent activity recorded over the last three months.

The company operates as a logistics service provider, offering transportation via air, road, and sea freight across the UK and worldwide. With offices in Laceby, Bradford, Airdrie, Hull, and Manchester, they service clients nationwide. Their website highlights a range of services, including customs clearance and Brexit solutions, catering to businesses needing to import and export goods. They also provide services like packing, crate making, and shipping document preparation, suggesting a comprehensive logistics offering. It’s clear they are not an e-commerce business, but rather a business-to-business provider of transportation and logistics services.

Financially, Oceanblue Logistics Ltd shows a mixed picture. Cash reserves dipped by 12% to £1,100,000, while bank borrowings increased significantly by 200% to £250,000. Trade debtors remained stable, however, creditors rose by 200% to £250,000, which could indicate an increase in supplier payments. Despite these changes, net assets grew by 7.4% to £1,900,000. The company’s small size (meeting two of three conditions for being small) helps it remain agile, but the increase in borrowings suggests they may be investing in growth or facing increased operating costs. There is no auditor mentioned, which is common for small companies.

Overall, Oceanblue Logistics Ltd appears to be a well-regarded logistics provider navigating the challenges of a dynamic market. The company’s growth in assets and net assets is a positive sign, but the increase in debt warrants close monitoring.

Registered in England/Wales under the registration number 05612355, with a registered address at DN37 7DP, Grimsby, South Humberside, Olympic House 4 Laceby Park Business Park, Grimsby Road Laceby.

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