Transfennica (uk) Limited

  • Small
  • Active
  • 28 years
  • 6 employees
  • £510,888 (assets)
  • Real address
  • 3 directors
  • No owners
  • Irregular importer
  • Rating 4.0 (30)

Field of Operation

Service activities incidental to water transportation
52220 1324 companies

Social media

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Summary

Transfennica (uk) Limited, based in Tilbury, UK, is a small, active company established 28 years ago in 1996. With six employees and £510,888 in assets, it operates from a real address and is overseen by three directors, though no owners are officially listed. The company holds a respectable Google rating of 4.0 based on 30 reviews. It's an irregular importer, primarily dealing in electrical machinery and equipment, with just one month of import activity recorded as of December 2023.

The company’s website reveals a complex logistics operation. Transfennica Logistics offers intermodal solutions across Europe, connecting Finland, the Baltics, and the BeNeLux region to the Iberian Peninsula and vice versa. It leverages its own shortsea vessels, blocktrains, trailers, and warehouses to provide services ranging from groupage to complete logistics solutions, including warehousing. The company emphasizes optimizing door-to-door container and trailer logistics and reducing costs through intermodal and contract logistics. It’s a non-asset based operation, guaranteeing independency and the best solution in each occasion.

Financially, Transfennica (uk) Limited presents a mixed picture. Cash reserves have plummeted 97%, dropping to a meager £5,300, while bank borrowings have increased. Trade debtors have ballooned by 94%, suggesting potential payment delays or expanded credit terms. However, creditors have decreased by 6.8%, indicating improved debt management. 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 sharp decline in cash and increase in debtors warrants attention. The company’s unaudited financial statements, overseen by Buckley Watson Limited, don’t mention an auditor.

Overall, Transfennica (uk) Limited appears to be navigating a period of change. While its logistics services are well-positioned in the European market, the company needs to address its declining cash flow and manage its debtors effectively to ensure long-term stability.

Registered in England/Wales under the registration number 03235029, with a registered address at RM18 7EH, England, Tilbury, Essex, Finland House 47 Berth, Tilbury Port.

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

Managers

  • 14 years
  • 1
Sales director
Secretary
Managing director

Last reports

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Last news

  1. Accounts for a small company made up to 2024-12-31
  2. Registered office address changed from Finland House 47 Berth Tilbury Freeport Tilbury Essex RM18 7EH to Finland House 47 Berth Tilbury Port Tilbury Essex RM18 7EH on 2025-01-20
  3. Confirmation statement made on 2024-08-07 with no updates
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