Canoe & Kayak Distribution Limited

Canoe And Kayak Distribution Ltd from Ivybridge UK is a small, holding company with an active status, founded ten years ago. The company employs three people and holds £1,525,586 in assets, operating from a virtual address. It’s managed by four directors and has one owner. The company regularly imports toys, games, and sports equipment, with 80 months of import activity recorded.

The company's core business revolves around distributing paddlesport products throughout the UK and Ireland to a wide range of trade, commercial customers, activity centres, clubs, local authorities, and even the MOD. It operates seven nationwide warehouses offering collection or delivery. Its website highlights partnerships with brands like Feelfree Kayaks, Gumotex Inflatables, Riot Kayaks, Nova Craft Canoes, Viking Fishing Kayaks, and Enigma Canoes.

Financially, Canoe & Kayak Distribution Ltd’s numbers show a mixed picture. Accumulated depreciation increased by 130%, indicating investment in property and equipment, while average employee numbers decreased by 33%, suggesting a shift in operational structure. Cash bank holdings increased by 15%, a positive sign, but creditors remained steady at £1.5 million. Perhaps most concerning is a 29% drop in equity, and a 27% decrease in net current assets. Trade debtors increased by 7.4%, which could be a sign of delayed payments. The company's small size—meeting two of three conditions for being a small company—allows for agility, but the decline in equity warrants closer attention. The accounts are unaudited, as is common for small companies.

Registered in England/Wales under the registration number 09283528, with a registered address at PL21 9RL, England, Ivybridge, Devon, Unit 1 & 2 Richmond Place Central Avenue, Lee Mill Industrial Estate.

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