Ase Distribution Ltd
- Small
- Active
- 1 year
- £91,355 (assets)
- Real address
- 1 director
- 1 owner
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Ase Distribution Ltd is a small, active company based in London, UK, founded just one year ago. With £91,355 in assets and a real address, it operates as a private limited company with one director and one owner. The company runs an e-commerce site and focuses on retail sale via mail order and internet, alongside management consultancy activities.
The website, aykasa.co.uk, showcases a partnership with Aykasa, a brand specializing in recyclable plastic storage crates. Ase Distribution acts as the exclusive UK distributor, highlighting the crates' functionality, sustainability, and aesthetic appeal. The site emphasizes the crates’ eco-friendly materials, diverse color options, and customizability, catering to a range of storage needs. The site also features a blog and Instagram presence, further promoting the products and engaging with customers.
Financially, Ase Distribution Ltd presents a mixed picture. While current assets remain steady at £91,355, equity has a negative value of -£7,400, indicating that the company’s liabilities exceed its assets. Cash bank on hand is stable at £9,200, but creditors and other liabilities are significant, totaling £99,000 and £48,000 respectively. Trade debtors are at £9,700. The company's small size (meeting two of three criteria for a small company) allows for flexibility, but the negative equity suggests a need for careful financial management. No auditor is mentioned, and the accounts are described as "filleted" and unaudited, relying on director-reported data. It seems the company is burning through money, but the e-commerce site and exclusive distribution agreement offer potential for future growth.
Registered in England/Wales under the registration number 14954259, with a registered address at SE1 7GU, England, London, Flat 1102 8 Casson Square.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Araz Nezihe Simin
- 1 year
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Araz Nezihe Simin
- 1 year
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Total exemption full accounts made up to 2024-05-31Download 5 pages pdf report
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Previous accounting period shortened from 2024-06-30 to 2024-05-31Download 1 page pdf report
-
Confirmation statement made on 2024-08-18 with no updatesDownload 3 pages pdf report
FAQ about Ase Distribution Ltd
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