Sussex Transport Limited

Sussex Transport Ltd from Lancing UK: a small, family-run business active for 23 years, employs 48 people, and holds £2,948,285 in assets. It operates from a real address and is managed by three directors and two owners. The company runs an e-commerce site and regularly imports leather goods, travel bags, and animal harnesses (for five months, the last in June 2023) and exports essential oils and perfumes (for nine months, the last in December 2024).

The company’s website paints a picture of a comprehensive logistics provider, offering road haulage, lifting services (including HIABs), container solutions, warehousing, and freight services. It caters to a wide range of industries, from construction and engineering to events and exhibitions. Notably, it offers specialized training in lifting and materials handling, with ALLMI and NPORS accreditation. The website highlights a commitment to safety, quality, and customer service, emphasizing its modern fleet and experienced team. It’s clear that Sussex Transport aims to be a one-stop shop for businesses needing transport, storage, and lifting solutions.

Financially, Sussex Transport shows a mixed bag. Assets increased by 22%, reaching £2,700,000, while net assets jumped 71%, hitting £2,200,000. Bank borrowings decreased by 48%, settling at £56,000, and cash reserves saw a substantial increase of 250%, reaching £1,100,000. Creditors decreased by 14%, falling to £580,000. 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 increase in assets suggests a period of growth. There's no auditor mentioned, which is typical for small companies.

Overall, Sussex Transport appears to be a financially stable and growing business, leveraging its expertise in logistics and a commitment to customer service. The company’s family-run nature and focus on specialized services likely contribute to its success, although it’s difficult to say how the business will perform in the long run.

Registered in England/Wales under the registration number 04399088, with a registered address at BN15 8SU, Lancing, West Sussex, Downsview House Marlborough Road, Lancing Business Park.

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