iForce Expands its Bonded warehouse solutions

Bonded warehouse solutions

iForce, a leading provider of logistics and supply chain solutions, has gained HMRC Customs and Excise approval, across multiple categories and locations.

This designation enables iForce to store goods on behalf of its customers without requiring them to pay import duties or taxes until the goods are released from iForce’s warehouse.

Clive Murphy, iForce Commercial Director, said: “We are providing warehouse and fulfilment services for several fast-growing, pure play clients, many of whom import products manufactured outside the UK. These businesses rely on their cash flow to grow, and we can help them by deferring both duty and VAT.

This can give them a significant boost in cash flow, which they can then reinvest in their fast-moving inventory to grow their sales even faster.”

#logistics #fulfilment bonded warehouse