Direct2market Limited
- Small
- Holding
- Active
- 5 years
- 1 employee
- £338,313 (assets)
- Real address
- 3 directors
- 1 owner
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Direct2market Limited from Leigh-On-Sea UK is a small, holding company with an active status. Founded five years ago in 2020, it employs just one person and holds £338,313 in assets. With three directors and one owner, the company operates from a real address and has a solid foundation.
The company’s website highlights its focus on offering “1,000's of hardware products fit for the trade.” This suggests a B2B e-commerce model, catering to professional buyers rather than individual consumers. The site’s design is straightforward, with a clear menu structure and contact information prominently displayed. It’s a functional online store, prioritizing product availability and ease of navigation over flashy aesthetics. There's a clear emphasis on hardware, and the site doesn's have a blog or any content marketing.
Financially, Direct2market Limited presents a mixed picture. Cash reserves increased by a healthy 28%, reaching £80,000, and current assets also rose by 85% to £340,000. However, creditors increased significantly, jumping 85% to £340,000, which could indicate increased reliance on short-term financing. Retained earnings and accumulated losses, meanwhile, saw a dramatic increase of 1,100%, reaching £730. While the company is small (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the increase in creditors is something to keep an eye on. There’s no mention of an auditor, which is common for small, exempt companies.
Overall, Direct2market Limited seems to be growing, but the rise in creditors suggests it’s burning through cash a little faster than it’s earning it. The single employee and lack of detailed financial reporting (unaudited accounts) also point to a lean operation—but one that needs to manage its finances carefully to ensure long-term sustainability.
Registered in England/Wales under the registration number 12472989, with a registered address at SS9 5LP, England, Leigh-On-Sea, Unit 3 Cabinet Way, Eastwood.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Direct2market Group Ltd
- 2 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Bassphillips Christopher George
- 2 years
-
Resident of United Kingdom
-
Individual
- White Paul
- 2 years
- 2
-
Resident of United Kingdom
-
Individual
- Wilson Rachel Jayne
- 5 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2024-09-15 with updatesDownload 4 pages pdf report
-
Unaudited abridged accounts made up to 2023-10-31Download 7 pages pdf report
-
Change of details for Direct2Market Group Ltd as a person with significant control on 2023-09-15Download 2 pages pdf report
FAQ about Direct2market Limited
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