S. C. Freight Limited

S. C. Freight Limited, based in Burnham, UK, is a small, active company established 24 years ago. With five employees and £83,329 in assets, it operates from a virtual address – a point of note as fifteen companies share the same location. The company is managed by one director and two owners, boasting a respectable Google rating of 4.0 from just four reviews. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with recent activity recorded in June 2024.

The company’s website, scfscfreight.co.uk, provides contact details – a phone number, fax, and email address – and suggests a focus on freight services. It seems to be an e-commerce site, with a focus on freight and logistics, and it’s not clear if they offer any additional services.

Financially, S. C. Freight Limited presents a mixed picture. Current assets have decreased by 13%, falling to £83,000, while net assets have plummeted a staggering 99%, leaving just £110. Bank borrowings have also seen a significant change, with the overdraft decreasing by 46%. While trade debtors have increased by 4.4%, creditors have risen by a substantial 16%. The company’s small size – meeting two of three conditions for a small company – allows for flexibility, but the sharp decline in equity is a cause for concern. No auditor is mentioned, likely due to the company’s exemption as a small entity, so the figures are unaudited.

The decrease in cash reserves by 81% to just £3,700 is a worrying trend, and the increase in bank borrowings suggests the company may be relying on credit to cover expenses. While the company’s turnover is not mentioned, it’s likely to be relatively low, given the small size of its assets and the limited number of employees. The company's focus on cargo handling for air transport activities industries, coupled with the recent import activity, suggests a continued need to manage cash flow effectively.

Registered in England/Wales under the registration number 04200718, with a registered address at SL1 7JP, United Kingdom, Burnham, Berkshire, Dorney House, 46-48a High Street.

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