Funstock Distribution Ltd

Funstock Distribution Ltd, based in Letchworth Garden City, UK, is a small, active company founded ten years ago in 2014. With twelve employees and £424,869 in assets, it operates from a real address and is overseen by two directors and two owners. The company regularly imports electrical machinery and equipment (for ten months) and exports toys, games, and sports equipment (for eighty months), indicating a diverse product range.

The company’s website reveals a unique business model: providing physical publishing solutions for video games. Rather than developing games themselves, Funstock Distribution partners with developers to create physical editions – CDs, collector’s editions, and merchandise – for a market often overlooked in the digital age. They offer a modular service, handling everything from age ratings and manufacturing to global sales through various channels, including their own direct-to-consumer retail site. They even have a retail website that reaches over a million gamers.

Financially, Funstock Distribution Ltd presents a mixed picture. Current assets have fallen significantly, dropping by 55% to £420,000, while net assets have also declined by 46% to £54,000. Bank borrowings have increased substantially, rising by 1,500% to £86,000, and cash reserves have plummeted 94% to just £6,800. Creditors have also decreased by 57%, which might suggest better management of short-term debts. The company meets the criteria for being a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt due to its size) means the figures are unaudited.

The sharp decline in cash reserves and the increase in bank borrowings are concerning, suggesting Funstock Distribution Ltd is burning through money. However, the decrease in creditors could indicate improved debt management. It’s possible the company is investing heavily in new product lines or expanding its operations, but the financial data paints a picture of a company facing some pressure.

Registered in England/Wales under the registration number 09352286, with a registered address at SG6 1PT, Letchworth Garden City,, Hertfordshire, St Christophers House,, Ridge Road,.

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