Pnc Logistics Limited

Pnc Logistics Limited, based in Manchester, UK, is a small, active company established ten years ago in 2014. It employs just one person and holds £722 in assets. The company, with a real registered address and overseen by a single director and owner, regularly imports prepared feathers, down, related items, artificial flowers, and human hair products – a pattern spanning six months of import activity, the last operation occurring in April 2017.

The company operates within the other transportation support activities sector, and its website is currently unavailable, making it difficult to assess its online presence or e-commerce activities.

Financially, Pnc Logistics Limited presents a concerning picture. Net assets have plummeted by 30% to -£15,000, indicating significant accumulated losses. Cash bank on hand has increased dramatically by 450% to £640, which is a positive sign, but current assets have decreased by 15% to £720. Trade debtors have fallen by a substantial 89%, suggesting difficulties in collecting payments, and fixed assets have disappeared entirely. Creditors have increased, both within and after one year, and bank borrowings are likely to be a factor. 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 financial trends point to a company struggling to maintain profitability. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

It seems the company is facing challenges in converting imports into sales and managing its financial obligations. While the import activity continues, the financial data suggests a need for careful management and possibly a reevaluation of its business model.

Registered in England/Wales under the registration number 09250406, with a registered address at M40 5EW, United Kingdom, Manchester, 35 Attleboro Road.

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