Sprint Logistics Limited
- Small
- Holding
- Active
- 34 years
- 57 employees
- £1,422,978 (assets)
- Virtual address
- 4 directors
- 1 owner
- Regular importer
- Regular exporter
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Sprint Logistics Limited, based in Wisbech, UK, is a small holding company with an active status, having been incorporated 34 years ago in March 1991. The company, employing 57 people, holds assets worth £1,422,978, but operates from a virtual address, a detail flagged by the presence of 22 companies registered at the same location. Led by four directors and owned by one entity, Sprint Logistics is a regular importer of optical and medical tools and devices (14 months) and a regular exporter of machinery, boilers, and mechanical appliances (12 months).
The company's website highlights its focus on e-commerce fulfilment, offering services like warehousing, B2B marketing support, and freight solutions across various sectors, including retail, online food, cosmetics, fashion, financial services, IT, and travel. It caters to businesses seeking to streamline their supply chains, offering everything from pick, pack, and ship services to marketing material distribution. The website even has a blog section with articles on topics like reducing cart abandonment and surviving Black Friday.
Financially, Sprint Logistics shows some concerning trends. While its current assets decreased by 7.9% to £1.3 million, bank borrowings increased by a significant 36% to £500,000. Equity, however, plummeted 120% to a negative £70,000, a very large drop. Creditors also increased by 17% to £1.6 million. The company's small size (meeting two of three conditions for a small company) does offer some flexibility, but the substantial equity decline and rising debt levels suggest potential financial pressures. Cash reserves also fell 40% to £35,000. The absence of an auditor mentioned (likely exempt as a small company) means these figures are unaudited.
Despite these challenges, Sprint Logistics appears to be actively pursuing growth, with a focus on e-commerce and a range of value-added services. Whether it can successfully navigate these financial headwinds and sustain its growth trajectory remains to be seen.
Registered in England/Wales under the registration number 02596027, 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.
Owners & PSC
-
Corporate
- 7 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 18 years
- 5
-
Resident of United Kingdom
-
Individual
- 19 years
- 4
-
Resident of United Kingdom
-
Individual
- 19 years
- 3
-
Resident of United Kingdom
-
Individual
- 19 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2025-01-25 with no updatesDownload 3 pages pdf report
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Accounts for a small company made up to 2024-03-31Download 11 pages pdf report
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Registration of charge 025960270015, created on 2024-05-07Download 14 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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FAQ about Sprint Logistics Limited
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