Spectrum Cargo Services Limited

Spectrum Cargo Services Ltd, based in Slough, UK, is a small, active company established 28 years ago. Employing just six people and holding assets of £1,073,749, it operates from a real address and is managed by two directors and one owner. The company boasts a stellar 5.0 Google rating based on two reviews, and is an irregular importer of furniture, lighting, and prefabricated buildings, with the last import operation occurring in April 2022.

The company’s website highlights its role as a leading provider of global freight forwarding and logistics services, boasting over 20 years of experience. It offers air, sea, and road freight solutions, emphasizing reliability and tailored service. A “Track and Trace” feature allows customers to monitor their consignments, and the site includes contact information and links to social media. It seems the company focuses on providing freight forwarding services, and the website doesn't suggest any e-commerce activity.

Financially, Spectrum Cargo Services Ltd presents a mixed picture. While cash reserves increased significantly by 69% to £760,000, and current assets rose 18% to £1,100,000, creditors have dramatically increased by 1,300% to £110,000. Trade debtors have also decreased by 32%, which could indicate improved collection practices, or potentially, a slowdown in sales. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial increase in creditors warrants closer scrutiny. The accounts are abridged and unaudited, and no auditor is mentioned, which is common for small companies. The company is likely facing some challenges in managing its short-term liabilities, but the increase in cash is a positive sign.

Registered in England/Wales under the registration number 03248503, with a registered address at SL3 0DF, England, Slough, Suite F Hitchcock House 5-6 Horton Road, Colnbrook.

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