Smiths Freight Solutions Limited

Smiths Freight Solutions Ltd, based in Wrexham, UK, is a small, active company established sixteen years ago. With a single employee and £18,342 in assets, it operates from a real address shared by four other businesses. The company, overseen by two directors and one owner, holds a perfect 5.0 Google rating based on a single review. Smiths Freight Solutions is an irregular importer, with its last import activity recorded way back in July 2017.

The company’s website highlights its range of customized logistics solutions, catering to companies of all sizes. It offers air, road, and sea freight options, emphasizing on-time delivery and cost-effective solutions. Smiths Solutions also boasts a global network and experience, positioning itself as an independent, family-run company. A recent announcement celebrates fifteen years in business and targets first-time importers and exporters seeking a personal and friendly alternative to larger freight providers. They even have a separate website, helicoptershipping.co.uk, showcasing a niche service.

Financially, Smiths Freight Solutions Ltd presents a mixed picture. While cash reserves increased by 45% to £4,900, current assets have doubled to £18,000. However, net assets remain negative at -£35,000, and bank borrowings have slightly decreased to £30,000. Trade debtors have increased significantly, ballooning by 170% to £13,000, which could indicate a reliance on customer payments. Creditors have also risen by 28% to £53,000. The company’s small size (meeting two of three conditions for a small company) helps it maintain agility, but the negative equity suggests ongoing financial pressure. As a small company, it is exempt from an audit, so the financial information is unaudited.

Registered in England/Wales under the registration number 06853933, with a registered address at LL13 7YP, Wrexham, Clwyd, C/O Allen Accountancy Unit 13 Gwenfro Units, Wrexham Technology Park.

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