World Transport Agency Limited

World Transport Agency Limited, based in Manchester, UK, is a well-established company with a long history, having been founded 111 years ago in 1913. This holding company, currently active, boasts a strong Google rating of 5.0 based on one review. Employing 64 people, it holds assets of £12,470,643 and generates annual revenue of £35,339,223. The company regularly imports leather goods, travel bags, and animal harnesses (for 38 months), and exports machinery, boilers, and mechanical appliances (for 43 months). It operates from a real address and is overseen by five directors and one owner.

The company’s website paints a picture of a comprehensive freight forwarding service. They offer sea, air, road, and rail freight options, alongside warehousing and customs brokerage services. A key differentiator is their visibility platform, designed to provide clients with real-time shipment tracking and management tools. Beyond core logistics, World Transport Agency also provides industry insights through news, podcasts, blogs, and whitepapers. They cater to a range of sectors, including publishing, manufacturing, food & drink, automotive, and alcohol, demonstrating a diversified approach.

Financially, World Transport Agency Limited shows some concerning trends. While revenue remains substantial, net losses have deepened significantly, falling by 72% to £490,000. Cash reserves have also taken a hit, dropping 18% to £5.5 million. Bank borrowings increased by a significant 2400%, reaching £29,000, and trade debtors ballooned by 890%, suggesting potential issues with customer payments. On the positive side, creditors decreased by 18%, indicating improved debt management. The company’s turnover of £35 million means it meets two of the three criteria to be considered a large company. The lack of an auditor mentioned suggests the company is exempt from a full audit.

Despite these challenges, World Transport Agency’s longevity and breadth of services suggest a resilient business model. The company’s focus on technology and industry expertise positions it well for the future, but the financial pressures will need to be addressed to ensure sustained growth.

Registered in England/Wales under the registration number 00129014, with a registered address at M22 5WB, England, Manchester, Suite 3e Manchester International Office Centre, Styal Road.

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