R S Logistics North West Limited

R S Logistics North West Limited, based in Liverpool, UK, is a small, active company founded eleven years ago in 2013. Employing eight people and holding £2,749,328 in assets, it operates from a real address within the Bridgewater Complex. The business is a family affair, with two directors and two owners – Hartley Garry and Hartley Wayne William – at the helm. It has a respectable Google rating of 4.0 based on three reviews. The company’s core business involves sea and coastal freight water transport, and it’s an irregular importer of iron and steel, with just two months of import activity recorded as of November 1, 2022.

The company's website, though minimal, highlights its focus on logistics services in Liverpool. It’s a private limited company registered in England and Wales, and the accounts are abridged and unaudited, a common practice for small companies. The company’s website indicates a focus on providing reliable and efficient transport solutions.

Financially, R S Logistics North West Limited presents a mixed picture. While current assets increased by 17% to £2,700,000, net assets remained steady at £1,100,000. Trade debtors increased significantly, ballooning by 47% to £1,400,000, which could indicate growth in sales but also potential issues with collecting payments. Cash bank on hand, however, decreased by 5% to £960,000. Creditors also rose by 31% to £1,600,000, suggesting increased reliance on short-term financing. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile, but the rise in debtors needs to be monitored. No auditor is mentioned, which is typical for companies of this size.

Overall, R S Logistics North West Limited appears to be a steady, if somewhat stretched, operation. The growth in debtors suggests a period of expansion, but managing cash flow will be key to its continued success.

Registered in England/Wales under the registration number 08678504, with a registered address at L20 8AH, England, Liverpool, Office G10-12 Biz Hub, The Bridgewater Complex, 36 Canal Street.

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