{"name":"MASTERFREIGHT LIMITED","company_number":"04593496","status":"Active","type":"Private Limited Company","incorporated":"2002-11-18","dissolved":null,"registered_office":"A.M.K House, West Bromwich Street, Oldbury, West Midlands, B69 3AY","postcode":"B69 3AY","sic_codes":[{"code":52219,"description":"Other service activities incidental to land transportation, not elsewhere classified"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":24,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","net_assets":2895737,"cash":3628,"average_employees":24},{"financial_date":"2024-12-31","net_assets":2641122,"cash":48,"average_employees":23},{"financial_date":"2023-12-31","net_assets":2566264,"cash":929921,"average_employees":20},{"financial_date":"2022-12-31","net_assets":2035923,"cash":192551},{"financial_date":"2021-12-31","net_assets":1384857,"cash":45707}],"officers":{"current":4,"resigned":7,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":2,"outstanding":2},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":"http://www.masterfreight.org.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/masterfreight","people":"https://www.companiesintheuk.co.uk/company/masterfreight/people","filing_history":"https://www.companiesintheuk.co.uk/company/masterfreight/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/04593496","financials":"https://www.companiesintheuk.co.uk/company/masterfreight/financial","control":"https://www.companiesintheuk.co.uk/company/masterfreight/control","charges":"https://www.companiesintheuk.co.uk/company/masterfreight/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/masterfreight/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/masterfreight"}