Relay Port Agency Limited

Relay Port Agency Ltd from Hessle, UK, is a small, active company established 43 years ago. With 17 employees and £845,043 in assets, it’s a well-established player in the import and export sector. The company, which has four directors and one owner, operates from a real address and has been providing customs clearance services since 1981. Regular imports of cotton products have been recorded for eight months, while exports of machinery, boilers, and mechanical appliances have occurred for six months.

The company’s website highlights its expertise in facilitating import and export processes, particularly in the wake of Brexit and supply chain disruptions. It offers services like customs clearance, VAT management, and a customer portal for tracking shipments. Relay Port Agency also provides a knowledge base with information on topics like EORI numbers and international shipping regulations. The website emphasizes its commitment to providing a first-class service, ensuring a smooth and easy clearance process for all merchandise.

Financially, Relay Port Agency Ltd has experienced some notable shifts. Cash bank on hand has significantly decreased by 80%, dropping to £310,000, while bank borrowings have increased by 100%, reaching £9,900. Creditors have also decreased by 67%, falling to £560,000, suggesting better management of short-term liabilities. Trade debtors have increased by 20%, reaching £540,000. The company’s small size—meeting two of three criteria for being classified as small—helps it remain flexible, but the substantial drop in cash reserves warrants attention. There is no auditor mentioned, which is typical for companies of this size. The company’s focus on providing specialist customs clearance services appears to be a core strength, but the financial data suggests it may be facing some challenges in maintaining liquidity.

Registered in England/Wales under the registration number 01584945, with a registered address at HU13 0EG, Hessle, East Yorkshire, Hessle Haven House, 14 Livingstone Road.

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