Scan Global Logistics (uk) Ltd

Scan Global Logistics (UK) Ltd, based in Slough, is a sizable company with a strong presence in the logistics sector. Established 34 years ago in 1991, it employs 99 people and holds assets worth £19.46 million, generating an annual revenue of £57.68 million. The company, a holding company with an active status, is overseen by six directors and has one owner. It boasts a perfect 5.0 Google rating from 13 reviews, reflecting a commitment to customer service.

The company's core business revolves around freight forwarding, as evidenced by its website. It offers a wide range of services, including air, sea, rail, and road freight, alongside value-added services like customs clearance and contract logistics. The website highlights a global network and a focus on sustainability, with initiatives like ocean biofuel and CO2 reduction partnerships. It's clear that Scan Global Logistics is positioning itself as a modern, environmentally conscious logistics provider.

Financially, the company has experienced some shifts. Creditors have increased significantly by 100%, reaching £13 million, while trade debtors have also risen sharply by 76% to £14 million. Cash reserves have fallen by 30% to £4.5 million. Despite this, net assets have plummeted by 64% to £7.1 million. Bank borrowings have also increased, though not as dramatically. The company's turnover has increased by 24%, which is a positive sign, but the decrease in net assets warrants attention. It’s worth noting that the company’s auditor, Barnes Roffe LLP, hasn't been mentioned in the report, which is likely due to its size.

Overall, Scan Global Logistics (UK) Ltd appears to be a well-established and reputable player in the logistics industry, but the recent financial trends suggest it may be facing some challenges. The company’s focus on sustainability and its global network position it well for future growth, but managing its financial health will be crucial.

Registered in England/Wales under the registration number 02602566, with a registered address at SL3 0BQ, England, Slough, Unit A2 Skyway 14, Calder Way, Colnbrook.

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