R.swain & Sons Limited

R. Swain & Sons Limited, based in Rochester, UK, is a holding company with a long history, having been established 83 years ago in December 1941. Currently employing 449 people, the company holds assets totaling £13,704,763. With five directors and one owner, the business maintains a solid 4.0-star Google rating from 52 reviews, indicating a positive customer perception. The company operates from a real address and is active.

The core of R. Swain & Sons’ operations revolves around freight transport by road, but its website reveals a much broader network of associated businesses. These include W. Coy & Son Limited, Swain Container Solutions Limited, Express Freight Services (various locations), Swain Lifting Solutions, and Partnerlink Limited. The company's website highlights its ability to provide tailored transport solutions across various fields, from general haulage to specialist lifting and container distribution. It also offers services like warehousing, forwarding, and shipping agency. The website also showcases a network of locations across the UK, demonstrating a wide geographic reach.

Financially, R. Swain & Sons Limited presents a mixed picture. While net assets remained relatively stable at £14 million, cash reserves dropped significantly by 27%, settling at £600,000. Bank borrowings, however, increased by 2%, reaching £5.3 million. A concerning trend is the sharp decline in accrued liabilities deferred income, decreasing by 38% to £1.7 million. Trade debtors also fell by 11%, indicating potential issues with customer payments. On the positive side, creditors decreased by 6%, suggesting improved debt management. The company’s size, with its substantial workforce and asset base, allows for economies of scale, but the fluctuating financial indicators warrant close monitoring. The accounts, audited by Beak Kemmenoe, show the company is currently facing some financial pressures, although it remains a significant player in the transport sector.

Registered in England/Wales under the registration number 00371501, with a registered address at ME2 2BD, Rochester, Kent, Vulcan House, Medway Freight Centre Strood.

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