Bigger Boat Distribution Limited

Bigger Boat Distribution Ltd from London UK is a small, active company founded 16 years ago, in 2009. It employs just one person and holds £174,301 in assets, operating from a real address. With two directors and one owner, the company regularly imports and exports electrical machinery and equipment – 45 months of imports and 7 months of exports recorded.

The company’s website, biggerboatdistribution.com, focuses on the distribution of audio equipment. It lists brands like Auratone, Dangerous Music, Jam Racks, and TubeTech, suggesting a specialized B2B model catering to professional audio engineers and studios. The site offers dealer pricing and product availability information, and even has a section for manufacturers looking for distribution services. It's not an e-commerce site, but rather a platform for connecting suppliers and dealers.

Financially, Bigger Boat Distribution Ltd shows a mixed picture. Current assets decreased by 12% to £170,000, while net assets also fell by 2.2% to £42,000. Bank borrowings increased by 75% to £3,800, and cash reserves plunged 170,000% to -£10,000—a significant drop. Creditors decreased by 15% to £140,000, and trade debtors fell 17% to £24,000. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 10 employees. The unaudited accounts, prepared by One Abacus Limited, don’t mention an auditor.

While the company’s core business appears to be a distribution service, the sharp decline in cash reserves is concerning. It's possible this is a temporary setback, but it suggests the company is burning through money. The lack of employees and the reliance on dealer pricing indicate a lean operation, but the financial pressures need to be addressed to ensure long-term sustainability.

Registered in England/Wales under the registration number 06841464, with a registered address at SE5 8PB, London, 5a Wilson Road.

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