Seafast Logistics Limited

Seafast Logistics Ltd from Felixstowe UK is a large company, operating as a holding company with an active status. Established 17 years ago in 2007, it employs 33 people and holds £12,418,445 in assets. Yearly revenue sits at £44,447,021, and the company has a real address, three directors, and one owner. It boasts a respectable Google rating of 4.0 based on five reviews. The company regularly exports vehicles, parts, and accessories—not for trains or trams—with eight months of export activity recorded, the latest in December 2024.

The company’s website reveals a focus on logistics solutions, particularly in cold chain logistics and remote, hard-to-reach markets. Seafast Group offers services like reefer transport, remote relief operations, and global network management. They even have a Seafast Global directory, showcasing their reach. The site emphasizes bespoke logistics, catering to well-known global brands. A key division, Seafast Africa Logistics, highlights their expertise in serving African markets. The website also mentions divisions like Seafast Cold Chain and Seafast Holdings. It’s clear that Seafast is more than just a freight forwarder; it’s a comprehensive logistics provider.

Financially, Seafast Logistics Ltd shows a mixed picture. While cash bank on hand increased by a healthy 37% to £4.3 million, administrative expenses grew by 6.5% to £3.1 million. Debtor values dropped significantly by 45% to £3.4 million, which could indicate a change in payment terms or a slowdown in customer payments. Creditors also increased by 95% to £34 million. It’s worth noting that while the company’s turnover decreased by 5% to £44 million, net assets increased by 61% to £2.9 million. The company’s large size (meeting two of three criteria for a large company) suggests it's a substantial player in the logistics sector. The report doesn't mention an auditor, likely due to its size, so the figures are unaudited.

Overall, Seafast Logistics Ltd appears to be a stable, established company navigating the challenges of a competitive market. The growth in cash reserves is encouraging, but the increase in creditors warrants further investigation.

Registered in England/Wales under the registration number 06440914, with a registered address at IP11 4BA, England, Felixstowe, Suffolk, Felixstowe Mega Distribution Centre, Clickett Hill Road.

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