Onpoint Logistics Ltd

Onpoint Logistics Ltd, based in Birmingham, UK, is a sizable company holding a prominent position in the logistics sector. Established 28 years ago in 1997, the firm boasts 45 employees and holds assets worth £3,768,605. With an annual revenue of £12,743,669, it's a significant player, operating as a holding company with an active status. The business is overseen by three directors and has one owner, and maintains a strong 4.0 Google rating from 48 reviews. It’s a regular importer of rubber and rubber products, with nine months of import activity recorded.

The company's website paints a picture of a full-service logistics provider. It doesn’s just about warehousing and storage; Onpoint Logistics offers a wide range of services, including general and contract haulage, pallet force distribution, event logistics, courier services, and even specialized offerings like Moffett services and sea freight. They cater to various industries, including automotive, aviation, aerospace, and retail, and emphasize their ability to deliver customized solutions. The website also highlights the company's commitment to innovation, with mentions of live chat support and a focus on tracking consignment live. A recent blog post details a skydiving trip with the company’s managing director, Carl Delaney, showcasing a unique team-building approach.

Financially, Onpoint Logistics Ltd presents a mixed picture. While revenue increased by a respectable 7.9%, several key metrics raise concerns. Current assets declined by 24%, and net assets plummeted 56%, a substantial drop. Bank borrowings increased significantly, and cash reserves fell 30%. On the positive side, creditors decreased by 19%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, indicating a solid, yet not expansive, operation. The absence of an auditor is typical for a company of this size.

Overall, Onpoint Logistics Ltd appears to be a well-established logistics provider navigating a challenging economic climate. While revenue remains strong, the decline in assets and cash reserves warrants close monitoring. The company’s focus on customer service and its diverse range of services position it well for future success, but addressing the financial pressures will be crucial.

Registered in England/Wales under the registration number 03326171, with a registered address at B33 0SL, England, Birmingham, West Midlands, 483 - 503 Garretts Green Lane Garretts Green.

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