Rhenus Logistics (corby) Limited

Rhenus Logistics Corby Ltd, based in Manchester, UK, is a large, active company established 26 years ago. Employing 133 people and holding assets of £3,380,752, it operates from a real address and is overseen by three directors, though no owners are officially listed. Its Google rating stands at a respectable 4.0 based on 121 reviews. The company irregularly imports optical and medical tools and devices (two months of activity), and has exported nothing in the last two months.

The company is part of the larger Rhenus Group, a global logistics provider offering a wide range of services from transport to warehousing and commodity logistics. Its website highlights a focus on customized solutions across various industries, including automotive, chemicals, consumer goods, and high-tech. It provides services like air, sea, road, rail, and inland waterway transport, as well as warehousing, port logistics, and digital solutions. The site also showcases specialized divisions, such as a piano restoration business, demonstrating a diverse portfolio.

Financially, Rhenus Logistics Corby Ltd’s recent performance presents a mixed picture. Current assets have decreased by 30% to £3.4 million, while net assets have fallen by 15% to £1.7 million. Bank borrowings have increased significantly by 2,400%, reaching £29,000, and cash reserves have dropped by 100%, leaving just £660. Creditors have also decreased by 64%, suggesting improvements in debt management. The company’s turnover is estimated to be under £10.2 million, and it meets two of three criteria for being a large company. No auditor is mentioned, likely due to its size.

The company’s irregular import and export activity suggests a specialized focus, perhaps tied to specific client needs or seasonal demands. The sharp decline in cash reserves, however, warrants attention, and it’s possible the company is navigating a period of investment or increased operational expenses. The lack of listed owners, combined with the significant increase in bank borrowings, could indicate a restructuring or a reliance on external financing to support its operations.

Registered in England/Wales under the registration number 03609237, with a registered address at M30 7RF, England, Manchester, Rhenus Logistics Limited Liverpool Road, Eccles.

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