Turnstone Worldwide Logistics Limited

Turnstone Worldwide Logistics Ltd from Croydon UK: a small, active company founded 10 years ago, employs seven people, and holds £14,229 in assets. It operates from a virtual address – 28 other companies share the same location – and is managed by one director and one owner. Google users give it a perfect 5.0 rating based on five reviews. The company regularly imports printed materials like books, newspapers, and pictures, with 6 months of import activity recorded as of January 2025.

The company’s website details a range of logistics services, from UK air and sea freight to road trucking and warehousing. It emphasizes a “supply chain management made simple” approach, handling everything from pre-arrival documentation to final delivery and proof of delivery. The site lists contact details for various departments, including accounts and specialist operatives, and includes links to its Trident Industrial Estate location. It seems like they are focused on providing comprehensive logistics solutions for businesses importing goods into the UK.

Financially, Turnstone Worldwide Logistics Ltd presents a concerning picture. Cash reserves have plummeted 96%, dropping to a mere £89, indicating a serious liquidity issue. Current assets have also decreased significantly, falling 94% to £14,000. While creditors have reduced by 65%, this may be a temporary measure. Equity has taken a massive hit, dropping 570% to -£84,000. Although the company meets the criteria for a small business, the dramatic decline in assets and cash raises questions about its long-term viability. The lack of an auditor mentioned suggests the accounts are unaudited, and the figures rely on director-reported data. It's possible the company is burning through cash to maintain operations, or perhaps it's facing unexpected expenses.

Registered in England/Wales under the registration number 09108622, with a registered address at CR0 5QL, England, Croydon, 2 Paul Gardens.

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