4down Distribution Limited

4Down Distribution Ltd from Hastings, UK, is a small, active company established nineteen years ago in 2006. With six employees and £364,993 in assets, it operates from a real address at Unit 6 North Ridge Business Park. The company, founded by a solo entrepreneur, Morris Ian William, who also serves as its sole director and owner, runs an e-commerce site with a stellar 5.0 Google rating based on four reviews. It’s a regular importer and exporter, specializing in vehicles, parts, and accessories (excluding trains and trams), with 296 months of import activity and 19 months of export activity.

The company’s website, 4Down Distribution, is a vibrant online marketplace for BMX bikes, parts, and related merchandise. It caters to riders and enthusiasts, offering a wide selection of brands and products, from complete bikes and frames to grips, stems, and apparel. The site emphasizes a rider-owned and rider-run ethos, showcasing its commitment to the BMX community. It also features a news section with BMX journey updates and rider profiles, further solidifying its connection to the sport.

Financially, 4Down Distribution Ltd presents a mixed picture. Current assets have decreased by 39%, falling to £360,000, while net assets have plummeted 340%, resulting in a negative balance of -£160,000. Bank borrowings have significantly reduced by 40%, dropping to £110,000, and cash reserves have experienced a substantial decline of 85%, leaving just £16,000. Creditors, however, have increased by 57%, reaching £230,000, and trade debtors have risen by 22%. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, so the figures are unaudited.

The substantial decrease in equity suggests the company may be burning through cash, or perhaps experiencing a period of investment. While the e-commerce platform appears successful and well-regarded, the financial data indicates a need for careful management. The company's focus on a niche market and its strong online presence could provide a foundation for future growth, but addressing the negative equity will be crucial.

Registered in England/Wales under the registration number 05728527, with a registered address at TN35 4PP, Hastings, East Sussex, Unit 6 North Ridge Business Park, Haywood Way.

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