Sprint E-logistics Limited

Sprint E Logistics Ltd from Wisbech UK: small company, holding company, active status, founded 13 years ago, 43 employees, £1,337,660 assets, virtual address, 3 directors, 1 owner. Regular importer of toys, games, and sports equipment (3 months imported). Regular exporter of clothing and accessories, not knitted or crocheted (20 months exported). Sprint Logistics ECommerce Fulfilment International Couriers is a UK-based company specializing in e-commerce fulfilment and logistics solutions. It’s a small holding company, active since its founding thirteen years ago, with a team of forty-three employees and £1,337,660 in assets. The registered address is a virtual one, shared by many other companies, which is something to keep in mind.

The company’s website paints a picture of a modern, customer-focused business. Sprint Logistics offers a range of services, from e-commerce fulfilment and B2B marketing support to freight services. They cater to diverse sectors, including retail, online food logistics, cosmetics, fashion, financial services, IT, and travel. Their website highlights their commitment to “making e-commerce flow” with tailored solutions, efficient parcel shipping, and a focus on cost-effectiveness. They even offer a virtual warehouse tour, showcasing their London facility.

Financially, Sprint E Logistics Ltd’s recent performance shows a mixed bag. While current assets increased by 18% to £1,600,000, equity has grown substantially by 25% to £1,400,000. However, bank borrowings decreased by 38% to £55,000, and cash reserves have fallen by 64% to just £15,000. Creditors have also decreased by 19%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in cash reserves could be a cause for concern. The company’s unaudited accounts, overseen by an auditor, Mapus-Smith & Lemmon LLP, are a good indicator of its overall health.

The company's growth in equity, however, is a positive sign, potentially driven by retained earnings or new investment. The decrease in bank borrowings suggests a move towards self-funding, but the drop in cash reserves warrants close monitoring. It's clear that Sprint E Logistics is navigating the challenges of a competitive market, relying on its specialized services and customer-centric approach to sustain growth.

Registered in England/Wales under the registration number 07781754, with a registered address at PE13 1NB, England, Wisbech, 30 Old Market.

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