Cls Distributors Limited

CLS Brands is a small, active company based in South Plainfield, New Jersey, USA, founded five years ago in 2019. It operates as a brand-building and account management service provider, connecting brands with top eCommerce retailers, premium incentive programs, and TV shopping audiences. The company has a real registered address and is led by two directors, with one owner, Ikey Sabbagh. It employs one employee. CLS Brands holds £800,000 in assets.

The company’s website highlights its role as a facilitator, streamlining the go-to-market process for brands and providing access to a network of retailers. It emphasizes its ability to unlock corporate incentive program placements, access top eCom retailers, marketplaces, and TV shopping audiences, and streamline product listing processes. Testimonials from partners like Cusimax, Eco4Life, Delta Children, Hygea Natural, Flowtron, and others praise CLS Brands' expertise, service, and innovative solutions.

Financially, CLS Brands shows a mixed picture. Current assets increased by 22% to £610,000, while net assets also grew by 41% to £800,000. However, cash bank on hand plummeted 78% to just £22,000. Trade debtors decreased significantly by 66% to £45,000, which could indicate improved collection efforts, but raw materials and consumables increased by 83% to £400,000, suggesting increased inventory levels. Bank borrowings are not mentioned. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp drop in cash reserves warrants attention. No auditor is mentioned, as is typical for a small company. It seems like they are investing in their business, which is good, but they need to keep a close eye on their cash flow.

Registered in England/Wales under the registration number 12349617, with a registered address at NW4 4AG, England, London, 4 Brampton Grove.

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