Global Freight Connections Limited in Essex, CM4 9DW

Description

Data updated on: 01-11-2023

The company referred to as Global Freight Connections was created on Thursday 31st January 2002 as a Private Limited Company. This company's office could be reached at Essex on 46-54 High Street, Ingatestone. Assuming you want to get in touch with the firm by post, its postal code is CM4 9DW. The office reg. no. for Global Freight Connections Limited is 04364587. This company's principal business activity number is 82990, that means Other business support service activities not elsewhere classified. Global Freight Connections Ltd filed its latest accounts for the financial period up to 2023-03-31. The company's latest confirmation statement was submitted on 2023-01-31.

Global Freight Connections Limited is a small-sized vehicle operator with the licence number OF1144331. The firm has one transport operating centre in the country. In their subsidiary in Chelmsford on South Woodham Ferrers, 2 machines are available.

Within this particular company, all of director's tasks have so far been fulfilled by Stephen F., Martin I., Didier G. and 2 other members of the Management Board who might be found within the Company Staff section of this page. When it comes to these five executives, Paul M. has been with the company for the longest period of time, having become a part of officers' team on Saturday 6th April 2002.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	432 385	676 933	942 883
Current Assets	2 126 676	3 961 314	3 835 357
Debtors	1 694 291	3 284 381	2 892 474
Net Assets Liabilities	1 428 771	2 237 231	3 024 997
Other Debtors	335 932	476 558	31 826
Property Plant Equipment	247 980	270 949	220 219

Other Financial Data
Audit Fees Expenses		10 500	10 500
Accrued Liabilities Deferred Income		289 377	209 371
Accumulated Amortisation Impairment Intangible Assets	32 528	195 328	357 828
Accumulated Depreciation Impairment Property Plant Equipment	240 801	306 160	374 290
Additions Other Than Through Business Combinations Property Plant Equipment			17 400
Administrative Expenses		5 544 745	4 501 420
Amounts Owed By Group Undertakings		11 812	16 650
Amounts Owed By Related Parties	11 812	11 812
Average Number Employees During Period	33	69	80
Bank Borrowings		15 705	1 174
Bank Borrowings Overdrafts	56 182	921	1 174
Corporation Tax Payable	51 535	142 031	235 060
Cost Sales		11 127 264	9 911 778
Creditors	670 313	284 154	33 926
Current Tax For Period		142 031	235 060
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences		1 548	-10 189
Dividend Income From Group Undertakings		2 160 000	2 000
Dividends Paid		215 640
Dividends Paid On Shares Interim		215 640
Finance Lease Liabilities Present Value Total		45 733	33 926
Finance Lease Payments Owing Minimum Gross		60 279	48 474
Fixed Assets	1 856 044	1 733 213	1 519 919
Further Item Creditors Component Total Creditors		237 500
Further Item Interest Expense Component Total Interest Expense			-178
Further Item Tax Increase Decrease Component Adjusting Items		12 418	12 944
Future Minimum Lease Payments Under Non-cancellable Operating Leases	2 276 655	2 870 599	2 432 841
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss		-34 906	35 165
Increase From Amortisation Charge For Year Intangible Assets		162 800	162 500
Increase From Depreciation Charge For Year Property Plant Equipment		65 359	68 130
Intangible Assets		1 462 200	1 299 700
Intangible Assets Gross Cost	32 528	1 657 528
Interest Income On Bank Deposits		30	2 088
Interest Payable Similar Charges Finance Costs		3 923	2 815
Investments Fixed Assets	1 608 064	64
Investments In Group Undertakings Participating Interests	1 608 064	64
Investments In Subsidiaries		64
Net Current Assets Liabilities	267 684	814 364	1 555 008
Net Finance Income Costs		2 160 030	4 088
Other Creditors	614 131	283 233	242
Other Interest Receivable Similar Income Finance Income		2 160 030	4 088
Other Operating Income Format1		6 313	1 461
Other Remaining Borrowings		316 667	115 710
Other Taxation Social Security Payable	22 551	48 343	71 585
Payments Received On Account		-1 441
Pension Other Post-employment Benefit Costs Other Pension Costs		94 614	140 468
Prepayments Accrued Income		311 915	329 255
Profit Loss		1 024 100	787 766
Profit Loss On Ordinary Activities Before Tax		1 167 679	1 012 637
Property Plant Equipment Gross Cost	488 781	577 109	594 509
Provisions For Liabilities Balance Sheet Subtotal	24 644	26 192	16 004
Staff Costs Employee Benefits Expense		2 256 973	2 873 706
Tax Expense Credit Applicable Tax Rate		221 859	192 401
Tax Increase Decrease Arising From Group Relief Tax Reconciliation		-11 159
Tax Increase Decrease From Effect Capital Allowances Depreciation		-11 426	-4 972
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		4 287	3 809
Tax Tax Credit On Profit Or Loss On Ordinary Activities		143 579	224 871
Total Additions Including From Business Combinations Property Plant Equipment		88 328
Total Assets Less Current Liabilities	2 123 728	2 547 577	3 074 927
Total Borrowings		332 372	116 884
Trade Creditors Trade Payables	1 254 551	2 242 906	1 632 659
Trade Debtors Trade Receivables	1 346 547	2 796 011	2 514 743
Wages Salaries		1 969 535	2 477 379
Director Remuneration		76 892	94 926
Director Remuneration Benefits Including Payments To Third Parties		136 755	185 926