FLEXITRANS LIMITED
Company number 04949888 · Monitor this company
Executive summary
Flexitrans Limited is an established 22-year-old freight forwarding business with a solvent balance sheet (£268k net assets) and strong liquidity (2.02x current ratio, £301k cash). However, the credit profile is deteriorating—two consecutive years of losses have eroded shareholders' funds by 15.6% from their 2023 peak, and trade creditors have surged 60% while remaining broadly equal to trade debtors, suggesting possible cash flow pressure. A conditional approval is recommended, requiring financial covenants protecting against further equity erosion and monitoring of the creditor escalation trend.
Shareholders' funds
£267,895
Balance sheet as at 2025-04-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2003-10-31
- Employees
- 5 (2025 accounts)
- Registered office
- Magnum House, 62 Leopold Road, Felixstowe, IP11 7NR
- Postcode
- IP11 7NR
- Capital
- 16,000 GBP
- Accounts category
- Total Exemption Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-04-30
- Next due by
- 2027-01-31
- Financial year end
- 30 April
Confirmation statement
- Last statement dated
- 2025-10-31
- Next due by
- 2026-11-14
Nature of business (SIC)
- 52290 Other transportation support activities
Officers 3 current · 6 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — ZB429479 (Tier 1), registered since 2022.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- flexitrans.co.uk
Flexitrans: as secure as bringing it yourself Flexitrans was founded on the strength of knowledge and expertise within the European Transport and the Project Forwarding Industry. This strength soon flowed into all areas to include Deep Sea operations to and from most Worldwide destinations. Get your FREE quotation FAST Contact us Directors Jim Ritchie and Jamie Read… […]
Previous company names
| Name | Date changed |
|---|---|
| MAGNUM SHIPPING LIMITED | 2005-02-08 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 160 HAMILTON ROAD, FELIXSTOWE, SUFFOLK IP11 7DU | 2004-11-15 |
| INTERNATIONAL HOUSE, BEACH STATION ROAD, FELIXSTOWE, SUFFOLK IP11 2EY | 2003-11-26 |
Among its peers
Top 25%
by shareholders' funds, of 159 similar companies in IP
Among the oldest 25% of its local peers, trading since 2003.
Competitors Ipswich
This company ranks 39 among other transportation support activities in Ipswich.
The class of 2003
38%
of the 163,090 companies incorporated in 2003 are still active today; 59% have since been dissolved.
A fact about the year, not a forecast for this company.