Universal Cargo Ltd

Universal Cargo Ltd, based in Birmingham, UK, is a small holding company with an active status, established nineteen years ago in 2005. Employing just two people, it holds £1,248,788 in assets and operates from a real address. Led by one director and owner, it boasts a stellar 5.0 Google rating from two reviews. The company is an irregular importer, primarily dealing in clothing and accessories made by knitting or crocheting, with its last import activity recorded two months ago in June 2022.

Universal Cargo’s website reveals a focus on freight transport by road, offering services like FCL and LCL transportation, import/export, consolidation, and airfreight. It serves a wide range of destinations, including the Subcontinent, Far East, Europe, and the Americas, and provides customs clearance services, including obtaining import licences and handling duties. The company positions itself as more than just a logistics provider, emphasizing its role in the broader supply chain and offering channel management services, computer system access for customers, and expert advice on routing and carrier selection. It’s a family-owned business that strives to provide professional, award-winning services.

Financially, Universal Cargo Ltd presents a mixed picture. Cash bank on hand has significantly decreased by 43% to £140,000, while bank borrowings have increased by 110% to £10,000. Creditors have risen by 25% to £1.2 million, and trade debtors have increased by 20% to £1.1 million. Net assets have fallen by 39% to £25,000. While average number of employees remained stable at two, accrued liabilities increased by 22%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity warrants attention. No auditor is mentioned, likely due to its small company status.

Overall, Universal Cargo Ltd seems to be navigating a period of financial adjustment. While its services are well-defined and its reputation is strong, the company will need to carefully manage its liabilities and maintain its operational efficiency to ensure long-term success.

Registered in England/Wales under the registration number 05526037, with a registered address at B16 0LH, Birmingham, West Midlands, Asiago House, 146 Rotton Park Road.

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