Urban Logistics (uk) Limited

Urban Logistics Uk Ltd from Hampshire UK is a large, active company founded 38 years ago. With 23 employees and yearly revenue of £8,877,682, it operates from a virtual address, a point of concern. The company is a holding company, overseen by two directors and one owner, and maintains a Google rating of 3.0 based on seven reviews. It irregularly imports electrical machinery and equipment (one month) but regularly exports the same (nineteen months).

The company’s core business revolves around freight transport by road, operating as a logistics provider. While no dedicated website is listed, the company’s activities suggest a B2B focus, facilitating the movement of goods for other businesses. It doesn't appear to be directly involved in e-commerce.

Financially, Urban Logistics Uk Ltd presents a mixed picture. While revenue remains substantial, several metrics raise questions. Accrued liabilities have tripled to £66,000, while administrative expenses have increased by 14% to £1.3 million. Debtors have fallen by 26% to £3 million, and bank borrowings have surged by an astonishing 800% to £2.5 million. Cash reserves, however, have remained relatively stable. Despite these challenges, the company’s net assets have increased by 12% to £1.8 million. The company’s auditors, Shaw Gibbs (Audit) Limited, have issued an unqualified opinion, suggesting a reasonable level of financial health, but the increase in debt warrants close monitoring. The company meets the criteria for a large company, having met two of three conditions, with a turnover of over £36 million, balance sheet total over £18 million, and over 250 employees.

Registered in England/Wales under the registration number 02103631, with a registered address at RG21 6XJ, Hampshire, Kingsclere Road, Basingstoke.

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