{"name":"SEA KARGO LTD","company_number":"07513821","status":"Active","type":"Private Limited Company","incorporated":"2011-02-02","dissolved":null,"registered_office":"13 Shed Stonegrove Road, Felixstowe, England, IP11 3SU","postcode":"IP11 3SU","sic_codes":[{"code":82990,"description":"Other business support service activities not elsewhere classified"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2024-12-31","next_due":"2026-12-31"},"employees":{"count":20,"accounts_date":"2024-12-31"},"financials":[{"financial_date":"2024-12-31","net_assets":172000,"cash":-24454,"average_employees":20},{"financial_date":"2024-01-31","net_assets":616362,"cash":76386,"average_employees":20},{"financial_date":"2023-01-31","net_assets":581667,"cash":92627},{"financial_date":"2022-01-31","net_assets":522161,"cash":149793},{"financial_date":"2021-01-31","net_assets":134162,"cash":56841}],"officers":{"current":3,"resigned":3,"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":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"SEA Kargo Ltd has undergone a striking transformation from a near-dormant micro-entity to a credible small-scale logistics operator with £1.87 million in total assets, leveraging its strategic Felixstowe location at the UK's largest container port. However, the most recent 11-month reporting period reveals significant deterioration in shareholder funds from £616,362 to £172,000, driven by an over-reliance on trade debtors (101% of total assets), a negative cash position, and a highly leveraged capital structure with £1.5 million in long-term liabilities. While the company demonstrates genuine operational capability and sector-relevant asset investment, its current financial structure—with extreme debtor concentration and liquidity dependency—presents material vulnerability to any disruption in customer payment patterns within the challenging post-Brexit freight environment.","website":"https://seakargo.com/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/sea-kargo","people":"https://www.companiesintheuk.co.uk/company/sea-kargo/people","filing_history":"https://www.companiesintheuk.co.uk/company/sea-kargo/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/07513821","financials":"https://www.companiesintheuk.co.uk/company/sea-kargo/financial","control":"https://www.companiesintheuk.co.uk/company/sea-kargo/control","charges":"https://www.companiesintheuk.co.uk/company/sea-kargo/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/sea-kargo/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/sea-kargo"}