Panic Deliveries Limited

Panic Deliveries Ltd, based in Oldbury, UK, is a large, active company founded 45 years ago in 6979. Employing 114 people and holding £2,820,648 in assets, it operates as a holding company with two directors and one owner. The company has a 4.0 Google rating based on 101 reviews, and is an irregular importer of copper and copper products, with the latest import activity occurring in September 2023.

The company’s website reveals it’s part of Kinaxia Logistics, a leading provider of transport, warehousing, and fulfilment services across the UK. Kinaxia operates through a network of 13 autonomous, privately-owned companies, each with its own local identity, but united by technology-based systems. The group offers a wide range of services, including general haulage, contract packing, freight forwarding, and e-fulfilment, catering to diverse industries. Kinaxia’s website features employee spotlights, highlighting individuals in various roles, and showcases its warehousing capabilities, boasting over 2 million square feet of space.

Financially, Panic Deliveries Ltd’s recent performance presents a mixed picture. Current assets decreased by 2.4% to £2,800,000, while net assets increased by 4.8% to £310,000. Bank borrowings decreased by 30% to £25,000, and cash reserves fell 19% to £310,000. However, administrative expenses increased by 7% to £1,900,000, and corporation tax payable surged 260% to £57,000. Staff costs increased by 13% to £3,900,000. The company’s size (meeting two of three criteria for a large company) suggests it’s a substantial player in its sector, but the increased expenses and fluctuating cash reserves warrant closer monitoring. Ormerod Rutter Limited conducted the audit, and the financial statements are unaudited.

Overall, Panic Deliveries Ltd appears to be a stable, established company within a larger logistics group, but the recent financial trends indicate potential challenges in managing costs and maintaining cash flow.

Registered in England/Wales under the registration number 01446831, with a registered address at B69 2BP, Oldbury, West Midlands, Logistics House, Portway Road.

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