Thornton Logistics Limited

Thornton Logistics Ltd from Herts UK is a small, active company founded 18 years ago. With 41 employees and £591,919 in assets, it’s a family business led by a single director and two owners. The company operates from a real address in Knebworth and is an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances—with just one month of import activity recorded as of July 2024.

The company’s website highlights its specialisation in tank-related services, including collection, deliveries, repair, conversions, storage, and cleaning. It also offers related services on request, suggesting a focus on niche logistics within the tank container industry. The site's copyright date indicates it’s up-to-date, and the business appears to be well-established.

Financially, Thornton Logistics Ltd presents a mixed picture. Current assets have decreased by 15% to £590,000, while fixed assets have surged by a staggering 810% to £230,000—a significant shift. Bank borrowings have been drastically reduced by 88%, falling to £29,000, and cash reserves have declined by 51% to £96,000. Creditors have also decreased by 17%, indicating improved management of short-term debts. 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 agility, but the decrease in equity raises questions. With no auditor mentioned, the figures rely on unaudited statements.

In short, Thornton Logistics Ltd is navigating a period of change. While it’s reduced its borrowing and managed its creditors well, the decrease in cash and equity suggests it’s burning through money. The company’s focus on tank logistics and family ownership provides stability, but its financial health will need close monitoring.

Registered in England/Wales under the registration number 06217779, with a registered address at SG3 6NL, Herts, 22 Deards End Lane, Knebworth.

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