440 Distribution Limited

440 Distribution Ltd from Otley UK: a small, active company founded 14 years ago, employs seven people, and holds £917,938 in assets. It's a solo-founded operation with one director and owner. The company regularly imports and exports musical instruments and parts—230 months of imports and 29 months of exports, with the latest activity in November 2024.

The company’s website, 440 Distribution, positions itself as a leading supplier of high-quality, world-renowned guitar brands. It distributes brands like Cort, Digitech, DOD, Duesenberg, Sandberg, Fishman, Larrivee, DSL, Lehle, and operates from Unit 7 Pool Business Park in Pool in Wharfedale. The site showcases a dealer network and highlights its commitment to service and support. It's a wholesale operation, not directly selling to consumers.

Financially, 440 Distribution Ltd shows a mixed picture. Current assets decreased by 11% to £920,000, while net assets increased by 11% to £750,000. Bank borrowings decreased significantly by 59%, reaching £65,000, and cash reserves dropped 16% to £95,000. Creditors decreased by 8.2%, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. Trade debtors decreased by 35%, which could be a positive sign of quicker payments, or a sign of slowing sales. Intangible assets decreased by 12%, which is a concern. There’s no auditor mentioned, consistent with its status as a small company exempt from an audit.

Overall, 440 Distribution Ltd seems to be navigating a period of change. While it maintains a solid asset base and has reduced its borrowing, the decrease in current assets and intangible assets warrants further observation. The company’s focus on high-quality brands and dealer relationships should help it weather any short-term challenges.

Registered in England/Wales under the registration number 07271743, with a registered address at LS21 1FD, England, Otley, Unit 7 Pool Business Park Pool Road, Pool In Wharfedale.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.