Creative Resources Distribution Limited

Creative Resources Distribution Ltd, based in Winchester, UK, is a small, active company established 16 years ago. It's a solo-founder operation with one director and a single employee, holding £369,523 in assets and operating from a virtual address shared by 28 other companies. The company imports machinery, boilers, and mechanical appliances parts, with recent activity recorded just one month ago. It operates in the retail sale via mail order houses or via internet, and other publishing activities.

The company’s website showcases a diverse range of products, primarily focused on interactive entertainment toys and video games. It functions as a distributor for brands like SoccerStarz and Reef Entertainment, and even has its own subsidiary companies. The site highlights its extensive warehousing facility, wide product range, and customer support, emphasizing its role as a leading distributor in the video games market. It recently expanded its EU presence with a new warehouse in Hungary.

Financially, Creative Resources Distribution Ltd shows a generally healthy picture. Cash bank on hand increased by 20% to £370,000, and net assets grew by 19% to £340,000. However, creditors also increased by 16% to £32,000, and corporation tax payable rose by 16% to £30,000. Debtors decreased significantly, falling by 58% to just £900. The company’s small size—meeting two of three conditions for being classified as small—allows for flexibility. The accounts are unaudited, as is common for companies of this size.

While the company’s financials are generally positive, the decrease in debtors could indicate slower payments from customers, which could be a concern. The expansion into Hungary suggests ambitious growth plans, but it’s important to monitor whether the company can sustain this momentum.

Registered in England/Wales under the registration number 06777261, with a registered address at SO23 7BS, United Kingdom, Winchester, Athenia House, 10-14 Andover Road.

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