Direct Source Distribution Limited

Direct Source Distribution Ltd from London UK is a small, active company founded 15 years ago. Employing 30 people, it holds £1,226,377 in assets and operates from a real address. With one director and owner—a solo founder—it runs an e-commerce site and enjoys a 4.0 Google rating based on 15 reviews. The company regularly imports miscellaneous food products, with the last import operation occurring in December 2024.

The business operates in the wholesale of fruit and vegetable juices, mineral water and soft drinks, and also the wholesale of other food, including fish, crustaceans and molluscs. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company is a regular importer, with its top import category being Miscellaneous food products, totaling 7 months of imports.

Financially, Direct Source Distribution Ltd presents a mixed picture. Current assets have decreased by 17%, falling to £1,200,000. Net assets, however, have increased by 16%, reaching £390,000. Bank borrowings have been reduced by 26%, to £110,000, and cash reserves have increased by 18%, to £96,000. Trade creditors have decreased by 33%, which is a positive sign, but trade debtors have fallen by a substantial 49%. The company's net current assets and liabilities have increased by 41%, to £450,000.

The company's net losses have deepened, and the company has been burning through cash. The company’s small size helps it stay agile, but the increased debt raises questions. As a small company, it’s exempt from an audit, and the figures are unaudited. The company’s director, Awais-dean Mohammad, is responsible for the company’s financial reporting.

Registered in England/Wales under the registration number 06940310, with a registered address at W6 8NX, England, London, C/- Parvez & Co. Chartered Accountants, 20 Greyhound Road.

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