Olivers Transport Limited

Olivers Transport Limited, based in Kelso, UK, is a well-established small company with an active status, celebrating 36 years in operation. Founded in 1989, it employs 43 people and holds £17,593,507 in assets. The company, with a real address and three directors, is owned and run by a solo founder, Oliver Kenneth Andrew. It maintains a stellar 5.0 Google rating from 36 reviews. The business is an irregular importer of milling products, with just one month of imports recorded as of August 2023.

The company’s website details a comprehensive suite of logistics services. Olivers Transport provides haulage, warehousing (with over 60,000 square feet of capacity), Palletline network distribution, chilled distribution, container handling, and even HGV repairs. It emphasizes a family-run approach, reliability, and tailoring solutions to customer needs. The website also highlights a history dating back to 1973, when Norman and Lynn Oliver started the business with a single vehicle, demonstrating a long-standing commitment to the industry.

Financially, the company shows a positive trend. Current assets increased by 2.2% to £18,000,000, while net assets grew by 8.8% to £19,000,000. Bank borrowings remained stable, and cash reserves increased by 5%. However, trade debtors decreased by 14% to £1,500,000, suggesting potential challenges in collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in debtors should be monitored. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, Olivers Transport Limited appears to be a financially healthy and well-regarded logistics provider, benefiting from its long history and strong reputation. The company’s ability to adapt to changing market conditions and maintain its focus on customer service will be key to its continued success.

Registered in Scotland under the registration number SC115642, with a registered address at TD5 7QS, Kelso, Roxburghshire, Hassington Road, Eccles.

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