Whb Logistics Limited

Whb Logistics Ltd is a small, active family business based in Milton Keynes, UK, established 37 years ago in 1988. With eleven employees and £1,246,488 in assets, the company operates from a real address and is overseen by five directors and two owners. It regularly imports machinery, boilers, and mechanical appliances (parts), with the latest import activity recorded three months ago. Additionally, it exports optical and medical tools and devices, though this is less frequent, with the last export occurring two months ago. The company’s core business lies in providing logistics services, operating within the "other information service activities n.e.c." industries.

The company’s website highlights its European road parcel services, courier express logistics, and dedicated UK and European courier services. It serves businesses with personalised international freight forwarding and logistics solutions, leveraging a network of partners to offer air, ocean, and road services. Key services include daily departures to and from the Netherlands, parcel services, order fulfillment, and warehousing. It even offers packaging material supply chain solutions. A quote request form is prominently displayed, inviting potential clients to engage.

Financially, Whb Logistics Ltd presents a mixed picture. Cash reserves increased significantly by 110% to £640,000, a positive sign of liquidity. However, net assets liabilities also increased by 2.5% to £910,000. Trade debtors decreased by a substantial 47%, suggesting improved collection of payments. Conversely, bank borrowings surged by 2,400%, reaching £8,500. Creditors also decreased by 49%, which could indicate better management of short-term debts. The company meets the criteria for being a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is typical for small, exempt companies.

Overall, Whb Logistics Ltd seems to be navigating a period of change. The increased cash reserves are encouraging, but the rise in bank borrowings warrants attention. The company's focus on personalized service and European logistics positions it well, but continued monitoring of its financial health is necessary.

Registered in England/Wales under the registration number 02211840, with a registered address at MK8 8DA, England, Milton Keynes, 1 Clarendon Drive, Wymbush.

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