Distology Limited

Distology Ltd, based in Stockport, UK, is a sizable holding company with an active status, having been incorporated eleven years ago in April 2014. The company employs forty people and manages assets totaling £11,358,656, generating an annual revenue of £45,061,456. It’s a well-regarded business, boasting a perfect 5.0 Google rating from five reviews. With two directors and one owner, Distology operates from a real address and functions as a specialist IT security distributor.

The company’s website highlights its role as a distributor of cybersecurity solutions, partnering with vendors like Auth0, AppViewX, and Verkada. It offers a range of services, including solution enablement, pre-sales support, and cybersecurity incident response. Distology’s business model appears to be centered around providing tailored solutions and expert guidance to its partners, emphasizing innovation and customer success. The website also features news and events, including a "Disruptor Day" event, suggesting a focus on networking and industry engagement.

Financially, Distology shows some interesting trends. While current assets increased by 36% to £11 million, net assets also jumped by 83% to £3.7 million. However, bank borrowings increased by 2,400%, reaching £29,000, and cash reserves decreased by 9.2% to £3.1 million. Creditors also rose by 36% to £8.7 million. Although the company meets the criteria to be considered a large company, with turnover exceeding £36 million and balance sheet total exceeding £18 million, the surge in borrowings and decrease in cash reserves suggest a need for careful financial management. The accounts are audited by Forvis Mazars LLP, providing a level of assurance to stakeholders. Distology’s regular import of electrical machinery and equipment (for 24 months) and export of machinery (for 11 months) indicates a robust supply chain and international presence.

Registered in England/Wales under the registration number 08991329, with a registered address at SK1 1NZ, England, Stockport, Cheshire, 1 St. Peters Square, Part Second Floor.

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