Pak Direct Cargo Service Ltd

Pak Direct Cargo Service Ltd, based in London, UK, is a small, active company founded six years ago in 2018. With a single employee and £12,598 in assets, it operates from a virtual address shared by many other businesses. The company, owned and directed by Bukhari Syed, runs an e-commerce site and has a respectable 4.0 Google rating based on 208 reviews. It’s a modest operation, meeting two of the three criteria to be classified as small: turnover under £10.2 million and assets under £5.1 million.

The company's website highlights its focus on cargo delivery to Pakistan and Azad Kashmir, offering door-to-door services from London, Birmingham, and Manchester. It emphasizes fast, secure delivery, custom clearance, and a wide range of services, including air cargo, sea cargo, and furniture relocation. The site boasts of years of experience, a strong network, and a commitment to customer satisfaction. It also offers a tracking service, allowing customers to monitor their shipments.

Financially, Pak Direct Cargo Service Ltd presents a mixed picture. Cash bank on hand has fallen significantly, dropping 83% to just £110. Bank borrowings have decreased by 32% to £6,500, and creditors have also decreased by 32% to £6,500. However, net current assets have plummeted 130% to -£720, and net assets have decreased by 1.3% to -£6,700. Trade debtors have also decreased by 9.3% to £12,000. The company’s small size helps it remain flexible, but the decline in net assets and current assets suggests a need for careful financial management. As a small company, it is exempt from an audit, and the accounts are unaudited.

The company's reliance on a virtual address, coupled with the fluctuating financials, raises questions about its long-term sustainability. However, its strong Google rating and focus on a niche market—cargo delivery to Pakistan—suggests a loyal customer base and potential for growth.

Registered in England/Wales under the registration number 11320126, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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