Haus Distribution Ltd
- Small
- Holding
- Active
- 5 years
- 14 employees
- £1,028,613 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Regular exporter
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
Social media
Summary
Haus Distribution Ltd, based in Newcastle Upon Tyne, UK, is a small holding company with an active status, established five years ago. Employing fourteen people and holding £1,028,613 in assets, the company operates with one director and one owner. It’s a regular importer and exporter of toys, games, and sports equipment, with 310 months of import activity and 22 months of export activity.
The company’s website highlights its role as an independent distributor of design-led brands for retailers. It emphasizes quality, service, safety, and convenience, offering UK-based warehousing, fast logistics, and adherence to UK safety guidelines. The company’s website also details its brands, stockists, and sustainability initiatives. It appears to operate primarily as a B2B wholesaler, connecting European design brands with UK retailers.
Financially, Haus Distribution Ltd presents a mixed picture. While current assets increased by 59%, bank borrowings have surged by 82%, and cash reserves have plummeted 77% to a meager £7,100. Trade debtors have ballooned by 120%, suggesting potential issues with customer payments, and creditors have increased by 82%, indicating a reliance on short-term financing. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in cash reserves and the increase in debt raise concerns about its financial health. The company's unaudited accounts, prepared using VT Final Accounts software, are exempt from an audit due to its small size. It seems the company is burning through cash at a rate faster than it’s bringing in revenue, a common challenge for growing businesses.
Registered in England/Wales under the registration number 12238191, with a registered address at NE3 1XD, England, Newcastle Upon Tyne, Tyne And Wear, Unit 12 Bakers Yard, Christon Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 3 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 7 pages pdf report
-
Confirmation statement made on 2024-10-01 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-03-31Download 7 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Haus Distribution Ltd
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