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FREIGHT LINK SOLUTIONS LIMITED Financials

Company number
04838153Copy
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Registered office
First Floor 6, Arlington Street, London SW1A 1RE
Incorporated
18/07/2003

Company snapshot

Status
Active
Employees
59 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£1.64M2024
-68.45%vs 2023

2023: £5.21M

Total Assets

£5.31M2024
-34.79%vs 2023

2023: £8.15M

Cash in Bank

£2.05M2024
-65.06%vs 2023

2023: £5.87M

Total Liabilities

£3.60M2024
26.76%vs 2023

2023: £2.84M

Employees

592024
+7vs 2023

2023: 52

In 2024, FREIGHT LINK SOLUTIONS LIMITED reported net assets of £1.64M. The same filing shows total assets of £5.31M, cash in bank of £2.05M and total liabilities of £3.60M. Reported headcount was 59 in 2024. Cash in Bank fell from £5.87M in 2023 to £2.05M in 2024 (-65.06%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£1.64M2024
-68.45%from £5.21M in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures FREIGHT LINK SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£3.81M2022£1.64M2024
-56.8%vs 2022

-34.3% a year compound (CAGR)

Cash in Bank

£4.01M2022£2.05M2024
-48.9%vs 2022

-28.5% a year compound (CAGR)

Total Assets

£6.39M2022£5.31M2024
-16.8%vs 2022

-8.8% a year compound (CAGR)

Total Liabilities

£2.46M2022£3.60M2024
+46.2%vs 2022

+20.9% a year compound (CAGR)

Employees

452022592024
+31.1%vs 2022+14

Biggest increase

Total Liabilities+46.2%

£2.46M in 2022 to £3.60M in 2024

Biggest decrease

Net Assets-56.8%

£3.81M in 2022 to £1.64M in 2024

FREIGHT LINK SOLUTIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from FREIGHT LINK SOLUTIONS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
30.93%2024

Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.

Liabilities to total assets
67.70%2024

Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Cash to liabilities
56.98%2024

Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.

Cash to total assets
38.57%2024

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Revenue per employee
£540.48K2024

Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for FREIGHT LINK SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£1.84M3.81M5.21M1.64M
Total Assets£4.14M6.39M8.15M5.31M
Cash in Bank£2.58M4.01M5.87M2.05M
Total Liabilities£2.16M2.46M2.84M3.60M
Employees40455259

FREIGHT LINK SOLUTIONS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has FREIGHT LINK SOLUTIONS LIMITED filed financial statements?

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Yes. Okredo holds filed figures for FREIGHT LINK SOLUTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did FREIGHT LINK SOLUTIONS LIMITED report in 2024?

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FREIGHT LINK SOLUTIONS LIMITED reported net assets of £1.64M for 2024. That compares with £5.21M in 2023, a change of -68.45%.

What total assets did FREIGHT LINK SOLUTIONS LIMITED report in 2024?

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FREIGHT LINK SOLUTIONS LIMITED reported total assets of £5.31M for 2024. That compares with £8.15M in 2023, a change of -34.79%.

What cash in bank did FREIGHT LINK SOLUTIONS LIMITED report in 2024?

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FREIGHT LINK SOLUTIONS LIMITED reported cash in bank of £2.05M for 2024. That compares with £5.87M in 2023, a change of -65.06%.

How many people does FREIGHT LINK SOLUTIONS LIMITED employ?

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FREIGHT LINK SOLUTIONS LIMITED reported 59 employees in 2024, compared with 52 in 2023.

How have FREIGHT LINK SOLUTIONS LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, FREIGHT LINK SOLUTIONS LIMITED's net assets fell by 56.8%, cash in bank fell by 48.9%, total assets fell by 16.8% and total liabilities rose by 46.2%. Net assets contracted at 34.3% a year across the two years to 2024, from £3.81M to £1.64M. Reported headcount went from 45 in 2022 to 59 in 2024 (+14).

Which years of FREIGHT LINK SOLUTIONS LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.