Rainbow Logistics Ltd

Rainbow Logistics Ltd, based in Southall, UK, is a small, active company with a 31-year history. Employing nine people and holding £266,936 in assets, it’s a family-run operation with three directors and a solo founder, Madlani Hanish Bhikhu. The company has a real registered address and operates as a regular importer of clothing and accessories (excluding knitted or crocheted items) for four months, with the last import in January 2024, and an irregular exporter for two months, with the last export in November 2022.

The business primarily handles cargo handling for land transport activities, and the company’s website, while basic, highlights its logistics services. It's unclear if Rainbow Logistics Ltd has an e-commerce presence or if it solely operates as a business-to-business logistics provider.

Financially, Rainbow Logistics Ltd shows a mixed picture. Current assets decreased by 21%, dropping to £270,000, while net assets also declined by 15%, settling at £220,000. Cash reserves saw a significant boost, increasing by 270% to £95,000. Trade debtors, however, plummeted by 45%, falling to £170,000, which could indicate improved collections or a shift in credit terms. Creditors also decreased by 18%, suggesting better management of short-term liabilities. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 30 employees) allows for flexibility, but the decrease in equity raises questions about profitability. No auditor is mentioned, reflecting its status as a small, exempt company.

In short, Rainbow Logistics Ltd appears to be navigating a period of change. While cash flow has improved, the decline in equity warrants closer attention. The company's long-standing presence and established logistics services suggest resilience, but its future success will depend on maintaining a healthy financial footing and adapting to evolving market demands.

Registered in England/Wales under the registration number 02891468, with a registered address at UB2 5QR, Southall, Middlesex, Unit 3 Endsleigh Industrial, Estate Endsleigh Road.

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