Stagetruck Limited

Stagetruck Ltd from Winchester UK: a large holding company with an active status, has been operating for 45 years. Employing 81 people and holding assets of £13,350,671, it's a significant player in the UK freight transport industry. The company, with five directors and one owner, maintains a real address and boasts a stellar 5.0 Google rating based on 70 reviews. It’s an irregular importer of electrical machinery and equipment, with just one month of imports recorded as of January 2020.

The company’s website, stagetruck.co.uk, details a comprehensive range of services including haulage, distribution, and event logistics. It appears to be primarily a service provider, with no obvious e-commerce functionality. The site highlights its experience in transporting sensitive equipment for events and exhibitions, suggesting a focus on specialized transport solutions.

Financially, Stagetruck Ltd presents a mixed picture. While turnover increased by a respectable 23%, reaching £3.5 million, net assets have declined by 14%, settling at £7.2 million. Cash reserves have fallen 30%, now at £7.7 million. Bank borrowings have completely vanished, a positive sign, but staff costs have decreased by nearly 10%, suggesting potential cost-cutting measures or a shift in operational strategy. Creditors have decreased by 18%, indicating improved debt management. The company meets the criteria for a large company, having turnover over £36 million and a balance sheet total over £18 million. The accounts were audited by Begbies Chartered Accountants.

Despite the decline in net assets, the company’s strong turnover and improved debt management suggest it’s holding its own. The reduction in staff costs may be a response to changing market conditions or a strategic move to improve efficiency. The absence of bank borrowings is a significant positive, indicating financial stability.

Registered in England/Wales under the registration number 01478729, with a registered address at SO21 3BG, Winchester, Hampshire, Larkwhistle Works Larkwhistle Farm Road, Micheldever.

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