B2c Distribution Ltd

B2c Distribution Ltd, based in Southend-on-Sea, UK, is a sizable company with a holding structure and an active status. Established 21 years ago, it employs 73 people and manages assets totaling £7,760,130, generating a yearly revenue of £15,277,263. While it has a registered address, sixteen companies share the same location, raising questions about its virtual nature. The company is overseen by three directors and owned by two individuals.

The business operates primarily in the retail sale via mail order houses or via internet industries. It regularly imports clothing and accessories made by knitting or crocheting, with 28 months of import activity recorded. It also exports clothing and accessories, not knitted or crocheted, for 199 months. There's no website to analyze, so it's difficult to determine if it's an e-commerce business.

Financially, B2c Distribution Ltd shows some concerning trends. Accumulated amortisation impairment intangible assets decreased by 63%, and depreciation impairment property plant equipment fell by 79%. Staff costs remained stable, but administrative expenses decreased by 15%. The company's net assets declined significantly, falling from £440,000 to -£310,000. Bank borrowings increased substantially, rising by 500%, while cash reserves decreased by 43%. Turnover revenue dropped by 3.5% to £15 million. Creditors decreased by 22%, suggesting improved debt management, but the overall picture is one of reduced equity and increased financial pressure. The company is audited by Brebners.

These numbers suggest that B2c Distribution Ltd may be burning through cash, potentially due to increased operating costs or decreased sales. The decrease in net assets is a significant red flag, and the company will need to address its financial situation to ensure its long-term viability. The drop in cash reserves is also a concern, and the company may need to explore options for securing additional funding.

Registered in England/Wales under the registration number 05006514, with a registered address at SS2 6HZ, Southend On Sea, Essex, Cumberland House, 24-28 Baxter Avenue.

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