Devine Distribution Limited

Devine Distribution Ltd from Waterlooville UK: a small, active company founded seven years ago, employs four people, and holds £342,217 in assets. Run by a solo founder and overseen by one director, it operates from a real address. The company regularly imports machinery, boilers, and mechanical appliances – parts, with 32 months of import activity recorded, the latest in February 2025. It also exports these items, though less frequently, with just two months of export activity, the last in January 2024.

Devine Distribution Ltd specializes in the wholesale of household goods, and its website showcases a range of products, including induction hobs, cooker hoods, and fittings by Blum. The site also highlights a partnership with Airforce, importing and distributing its luxury cooking range. It seems the company operates an e-commerce site, with a focus on providing a wide selection of appliances and accessories, and even offers bespoke cabinetry through its in-house manufacturing facility.

Financially, Devine Distribution Ltd presents a mixed picture. While current assets increased slightly to £340,000, net assets decreased by 14% to £13,000. Bank borrowings jumped significantly, rising by 5100% to £1200, and cash reserves dipped 10% to £68,000. Creditors also increased by 18%, reaching £390,000. 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 flexibility, but the decrease in equity warrants attention. No auditor is mentioned, as the company is likely exempt under the small companies regime.

Overall, Devine Distribution Ltd appears to be navigating a period of change. While its import business remains consistent, the rise in borrowings and decrease in equity suggest it’s burning through money. The company’s focus on quality products and bespoke manufacturing could help it weather the storm, but careful financial management will be crucial for its long-term success.

Registered in England/Wales under the registration number 11193408, with a registered address at PO7 7XJ, England, Waterlooville, Unit 23a Aston Road.

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