Rapid Despatch Logistics Ltd

Rapid Despatch Logistics Ltd, based in Hampshire, UK, is a small, active company founded 23 years ago. With 16 employees and £488,567 in assets, it's a well-established player in its sector. The company, led by two directors and a solo founder, operates from a real address and has been trading since May 14, 2001. It regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation made in April 2022. Export activity is less frequent, with just one month of exports recorded in December 2023.

The company's website highlights its core business: providing pick, pack, fulfilment, and distribution services for point-of-sale, marketing, and product samples. It caters to both small and large merchants, offering storage solutions, and even specialized services like forward field stock locations for engineers and reps. It’s clear the company is focused on e-commerce fulfilment, offering services to help businesses manage their online sales and distribution. It has offices in Basingstoke, Farnborough, Southampton and Reading.

Financially, Rapid Despatch Logistics Ltd presents a mixed picture. While cash reserves increased by a healthy 28% to £180,000, net assets only rose by 12% to £290,000. Bank borrowings decreased by a significant 41%, which is a positive sign, but trade debtors also fell by 5.3%, which might indicate a slowdown in customer payments. Creditors remained relatively stable. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 100 employees) allows it to remain flexible, but the decrease in debtors could be a cause for concern. With no auditor mentioned, the financial statements are unaudited. The company operates in the freight transport by road industries.

Registered in England/Wales under the registration number 04215880, with a registered address at SO17 3SD, Hampshire, Unit 2, 424 Portswood Road, Southampton.

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