Trek Logistics Limited

Trek Logistics Limited is a small, active company based in Clacton-On-Sea, UK, founded five years ago in 2019. With £979,732 in assets and a real registered address, it employs 35 people and is overseen by two directors and one owner. The company boasts a stellar 5.0 Google rating from eight reviews. Trek Logistics is a regular importer, specializing in toys, games, and sports equipment—it’s been importing for 22 months, with the most recent shipment arriving in January 2025. It also occasionally exports clothing and accessories made by knitting or crocheting, though this activity is less frequent, with just two months of export activity recorded as of June 2023.

The company’s operations span retail sales via mail order and internet, warehousing and storage, and even publishing, indicating a diverse range of activities. It’s not clear if the company has a website, but it’s likely that it uses online platforms to facilitate its retail operations.

Financially, Trek Logistics Limited presents a mixed picture. While current assets increased slightly to £980,000, net assets decreased significantly to -£49,000, suggesting the company is burning through cash. Bank borrowings have surged by 270% to £300,000, and cash reserves have fallen by 30% to £72,000. Trade debtors have decreased by 22%, which is a positive sign, but creditors have also decreased by 43%, which could indicate tighter payment terms with suppliers. The company meets the criteria for being a small company—with turnover under £10.2 million, assets under £5.1 million, and fewer than 25 employees—and is exempt from an audit.

The sharp decline in equity, despite increased bank borrowings, is concerning. It suggests the company may be struggling to generate profit, and its reliance on debt to cover expenses is not sustainable long term. It's possible that the recent increase in bank borrowings is related to increased import costs or investments in new equipment. The company's diverse operations could also be contributing to its financial challenges, as managing multiple business lines can be complex.

Registered in England/Wales under the registration number 11980897, with a registered address at CO15 4AD, United Kingdom, Clacton-On-Sea, Essex, Prestige House, Valleybridge Road.

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