MASTERFREIGHT LIMITED
Company number 04593496 · Monitor this company
Executive summary
Masterfreight Limited is a long-established family business that has grown substantially through debt-funded property acquisition, with net assets increasing from £349K (2016) to £2.64M (2024). However, the 2024 accounts reveal critical liquidity stress: cash has collapsed to £48, working capital is negative at (£1.28M), and trade creditors have surged 639% to £1.025M, suggesting payment difficulties. The business is explicitly dependent on bank facilities for day-to-day working capital, with £4.75M of secured debt carrying a fixed and floating charge over all assets. Any credit decision must be conditional on written confirmation of ongoing bank facilities and an independent property valuation to substantiate the £7.08M director-valued asset base.
Shareholders' funds
£2,641,122
Balance sheet as at 2024-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2002-11-18
- Employees
- 23 (2024 accounts · was 20 in 2023)
- Registered office
- A.M.K House, West Bromwich Street, Oldbury, West Midlands, B69 3AY
- Postcode
- B69 3AY
- Capital
- 64 GBP
- Accounts category
- Total Exemption Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-06-21
- Next due by
- 2027-07-05
Nature of business (SIC)
- 52219 Other service activities incidental to land transportation, not elsewhere classified
Officers 4 current · 7 resigned
Contact details
Previous registered addresses 2
| Address | Changed on |
|---|---|
| WEDNESBURY FREIGHT TERMINAL, POTTERS LANE, WEDNESBURY, WEST MIDLANDS WS10 7NR | 2007-06-04 |
| 152-160 CITY ROAD, LONDON, EC1V 2NX | 2003-01-02 |
Among its peers
Top 5%
by shareholders' funds, of 51 similar companies in B
2nd largest employer among its local peers (23 staff).
Among the oldest 25% of its local peers, trading since 2002.
Competitors Birmingham
This company ranks 1 among other service activities incidental to land transportation, not elsewhere classified in Birmingham.
The class of 2002
39%
of the 122,927 companies incorporated in 2002 are still active today; 58% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 2 titles
- Freehold
- 1
- Leasehold
- 1
- Most recent registration
- 2023-01-04
- Price paid, where recorded
- £4,000,000
- Where
- West Midlands (2)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| WM210091 | West Midlands | Freehold | 2023-01-04 | £4,000,000 |
| WM928225 | West Midlands | Leasehold | 2008-04-25 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.