Zak Shipping And Logistics Limited

Zak Shipping And Logistics Limited from Glasgow UK: small company, active status, founded 9 years ago, 5 employees, £816,669 assets, real address, 1 director, 1 owner, e-commerce site. Irregular importer of paper and paperboard products (1 months imported). It’s a small, active company based in Glasgow, UK, founded in 2015. With five employees and £816,669 in assets, it operates from a real address on Kingston Street, and is run by a single director and owner. Zak Shipping has an e-commerce site and is an irregular importer, having imported paper and paperboard products just once in the past seven years, back in 2016.

The company’s website highlights its services as a freight forwarding business, offering solutions for ocean, air, and ground transportation. It emphasizes performance, reliability, and customized services, catering to global freight forwarding needs. Zak Shipping boasts a network of global freight forwarding networks and specializes in containerized shipments, air freight, inland transportation, custom clearance, and supply chain management. The website also mentions warehousing services and a partnership with Pakistan Railways for rail intermodal transportation. It’s clear they are trying to offer a full range of logistics services.

Financially, Zak Shipping shows some concerning trends. Current assets dropped by 21% to £820,000, and net assets declined slightly to £520,000. Bank borrowings are not mentioned, but cash reserves are not detailed. Trade debtors increased significantly by 160% to £480,000, which could indicate difficulties in collecting payments, or a deliberate strategy to extend credit to customers. Creditors decreased by 44% to £300,000, which is a positive sign. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Zak Shipping And Logistics Limited appears to be a small but ambitious freight forwarding business. While its financial figures show some challenges, its range of services and commitment to customer care suggest it’s trying to establish a strong position in the competitive logistics market. The increase in trade debtors is something to keep an eye on, but the company’s small size allows it to adapt and respond to changing market conditions.

Registered in Scotland under the registration number SC520152, with a registered address at G5 8BJ, Scotland, Glasgow, Ground Floor 71-73 Kingston Street.

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