Drw Distribution Ltd

Drw Distribution Ltd from Kingswinford UK is a small, active company founded eight years ago. It employs six people and holds £726,928 in assets, operating from a virtual address. The company is led by one director and owner, and regularly imports toys, games, and sports equipment, with the latest import activity occurring eleven months ago. Accounts are overdue by eleven months, and the confirmation statement is overdue by nine months.

The company’s website showcases a broad range of technical solutions for various industries, including corporate AV integration, rental staging, and architectural lighting. It’s not an e-commerce site in the traditional sense, but rather a platform to promote its services and products, including lighting, audio equipment, and structural components. The website highlights its expertise in areas like LED display control, power distribution, and even offers training events and technical support. The site's extensive product listings and industry-specific sections suggest a B2B focus, catering to professionals in the entertainment, architectural, and broadcast sectors.

Financially, Drw Distribution Ltd presents a mixed picture. Current assets have fallen significantly, dropping 51% to £730,000, while net assets have also declined, although less dramatically, decreasing 230% to £83,000. Cash reserves have improved considerably, increasing 220% to £4,900, which is a positive sign. However, creditors have fallen sharply, decreasing 30% to £570,000, and debtors have plummeted 89% to £120,000, which could indicate challenges in collecting payments. 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 decline in assets raises concerns. With no auditor mentioned, the figures are unaudited.

The company’s financial performance suggests it's navigating a period of adjustment, potentially facing headwinds in managing its working capital. While the increase in cash reserves is encouraging, the sharp decline in debtors and creditors warrants closer attention.

Registered in England/Wales under the registration number 10321410, with a registered address at DY6 9HS, England, Kingswinford, Brook House, Moss Grove.

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