Tech Cargo Uk Limited

Tech Cargo Uk Ltd, based in Northampton, UK, is a small, family-run business with an active status, having operated for 34 years. The company employs four people and holds £765,281 in assets, though its registered address is likely a virtual one, as eighty-eight companies share the same location. Two directors and two owners – Frost Annette Elisabeth and Frost Gregory David – manage the business. While irregular importers of optical and medical tools and devices (just one month of imports recorded in 2022), Tech Cargo is a regular exporter (four months of exports, the last in March 2024).

The company’s website highlights its services as a freight forwarding specialist, catering to businesses needing to transport high-value equipment, including vintage cars and medical systems. They offer a full logistics package, from wrapping and palletising to customs clearance, and boast a wealth of experience in the industry, with all operations staff holding IATA/FIATA diplomas. The site also mentions a custom facility in Riseley, indicating a move to expand operations.

Financially, Tech Cargo shows a mixed picture. While current assets remained relatively stable at £770,000, net assets increased slightly to £530,000. However, bank borrowings decreased by 23% to £33,000, and cash reserves fell by 18% to £180,000. Trade debtors increased significantly by 8.8%, which could indicate a reliance on customer payments. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the increase in debtors warrants attention. No auditor is mentioned, which is common for small, exempt companies.

Overall, Tech Cargo Uk Ltd appears to be a stable, albeit small, business navigating the challenges of the freight forwarding industry. The company’s focus on specialized services and experienced staff suggests a potential for continued success, though monitoring the increase in trade debtors will be important.

Registered in England/Wales under the registration number 02507028, with a registered address at NN6 9AP, Northampton, Northamptonshire, Seven Grange Lane, Pitsford.

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