Outpace Logistics Limited

Outpace Logistics Ltd from Bristol UK: a small, active company founded 12 years ago, employs just one person, and holds £225,761 in assets. It has two directors and a single owner, Rodman Alex George, and regularly imports textile products, sets, used clothing, and rags—a consistent pattern over the last four months. The company operates in the freight transport by road industries.

The company’s website is minimal, offering little insight into its operations beyond its core business. There's no visible e-commerce presence, suggesting a B2B focus rather than direct consumer sales. It seems to function primarily as a logistics provider, facilitating the import and distribution of goods.

Financially, Outpace Logistics Ltd presents a mixed picture. Cash bank on hand increased by a healthy 15%, rising to £200,000, which is good news. However, net assets decreased by 8.5%, settling at £160,000. Bank borrowings decreased by 46%, falling to £12,000, which is a positive sign of reduced debt. Creditors, however, increased significantly by 55%, reaching £70,000—a potential cause for concern. Trade debtors decreased by 43%, which could indicate improved cash flow 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) allows for flexibility, but the decrease in equity suggests a need for careful financial management. The accounts are unaudited, a common exemption for small companies.

The company's consistent import activity and relatively strong cash position suggest it's holding its own. However, the increase in creditors and decrease in equity warrant close monitoring. It's likely that the company is operating efficiently within its niche, but the financial trends indicate a need to ensure sustainable growth.

Registered in England/Wales under the registration number 08433289, with a registered address at BS4 2TL, Bristol, 53 Greenleaze, Knowle Park.

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