Digital Distribution (gb.) Ltd.

Digital Distribution (gb.) Ltd, based in Hemel Hempstead, UK, is a small, active company founded 22 years ago. With 17 employees and £2,437,452 in assets, it’s a well-established player in its sector. The company, run by six directors and two owners (a solo founder at its core), regularly imports and exports electrical machinery and equipment – 267 months of import activity and 132 months of export activity recorded.

The company operates primarily as a wholesale distributor, serving specialist retailers in the UK and Ireland. Its website showcases a wide range of digital products, including frames, albums, and services, with a strong emphasis on trade accounts and next-day delivery. It even has a division dedicated to piano restoration, a surprising diversification from its core business. The website highlights a commitment to customer service and a focus on high-quality products.

Financially, Digital Distribution (gb.) Ltd presents a mixed picture. Current assets have fallen by 8.3% to £2,400,000, while net assets remain stable at £1,000,000. Bank borrowings have decreased by 21%, reaching £670,000, and cash reserves have increased by 30% to £29,000. Creditors have decreased by 12%, suggesting better debt management. The company meets two of the three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). Although it’s exempt from an audit as a small company, the figures are unaudited.

Despite the stable equity, the decrease in current assets and the increase in bank borrowings suggest the company might be facing some financial pressures. The diversification into piano restoration, while potentially lucrative, could also be stretching resources. It’s likely the company is working to maintain its position in a competitive market, balancing cost management with customer service and product quality.

Registered in England/Wales under the registration number 04502368, with a registered address at HP2 7FW, Hemel Hempstead, Hertfordshire, 10 Heron Business Park, Eastman Way Hemel Hempstead Industrial Estate.

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