Asd Distribution Ltd

ASD Distribution Ltd, based in Redditch, UK, is a small, active company founded 27 years ago. It employs just three people and holds £63,653 in assets, with a real registered address and a single director and owner. The company is an irregular importer, primarily dealing in toys, games, and sports equipment, with its last import activity recorded over a year ago in October 2017. It operates in the retail sale via mail order houses or via internet industries.

The company’s website paints a picture of a local courier service, “ASD National and International,” serving South Wales. They offer a range of delivery options, from same-day to international, catering to both individuals and businesses. The site emphasizes reliability, real-time tracking, and a family-run operation established in 1977. It’s clear they’re positioning themselves as a trustworthy partner for time-sensitive deliveries.

However, a closer look at the financial data reveals some concerning trends. While the company's net assets liabilities are -£130,000, a significant increase from -£67,000 the previous year, cash bank on hand has dropped considerably, down 79% to just £620. Bank borrowings have also surged, increasing by 120% to £97,000, indicating a reliance on external financing. Creditors have also increased by 47%, suggesting the company is managing its debts less effectively. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debt and decrease in cash reserves raises questions about its long-term sustainability. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited, so take them with a grain of salt.

Registered in England/Wales under the registration number 03506946, with a registered address at B98 8JY, England, Redditch, Worcestershire, Unit 6 Victor Business Centre 60 Arthur Street, Lakeside.

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