{"name":"SETMAF LOGISTICS LIMITED","company_number":"06649686","status":"Active","type":"Private Limited Company","incorporated":"2008-07-17","dissolved":null,"registered_office":"2 Darent Industrial Park, Erith, England, DA8 2LG","postcode":"DA8 2LG","sic_codes":[{"code":52241,"description":"Cargo handling for water transport activities"}],"principal_activity":null,"previous_names":[{"name":"SETMAF INVESTMENT LIMITED","changed_on":"2018-06-04"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 July","last_made_up_to":"2025-07-31","next_due":"2027-04-30"},"employees":{"count":5,"accounts_date":"2025-07-31"},"financials":[{"financial_date":"2025-07-31","net_assets":6307,"cash":0,"average_employees":5},{"financial_date":"2024-07-31","net_assets":2777,"cash":2563,"average_employees":5},{"financial_date":"2023-07-31","net_assets":9494,"cash":17473},{"financial_date":"2022-07-31","net_assets":19916},{"financial_date":"2021-07-31","net_assets":19918}],"officers":{"current":3,"resigned":1,"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":"SETMAF Logistics is a micro-operator in the Thames-side cargo handling sector that has undergone a significant strategic shift in FY2025, acquiring £40,740 in vehicle assets financed predominantly through long-term debt. While this investment signals a pivot toward active trading capacity after years of near-dormant asset levels, the resulting leverage (debt-to-equity of ~6.1x) and complete cash depletion present material financial fragility. The company's niche positioning as a sub-contractor with 5 employees is viable in the current post-Brexit environment where port-side handling services remain in demand, but its thin capitalisation and key-person dependency create structural vulnerabilities that larger competitors in the sector do not share.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/setmaf-logistics","people":"https://www.companiesintheuk.co.uk/company/setmaf-logistics/people","filing_history":"https://www.companiesintheuk.co.uk/company/setmaf-logistics/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/06649686","financials":"https://www.companiesintheuk.co.uk/company/setmaf-logistics/financial","control":"https://www.companiesintheuk.co.uk/company/setmaf-logistics/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/setmaf-logistics/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/setmaf-logistics"}