I-five Distribution Limited

I Five Distribution Ltd from Brackley UK: small company, active status, founded 22 years ago, 3 employees, £72,523 assets, real address, 2 directors, 1 owner. Regular importer of toys, games, and sports equipment (12 months imported). It’s a skater-owned and operated company, formed in 2002, and distributes quality skateboard goods across the United Kingdom and Ireland. The company also runs two related businesses: Skateboard Printing UK and Your Custom Skateboard, offering printing services and custom skateboard decks.

The company operates from a unit on Oxford Road Industrial Estate and has a dedicated website showcasing its services. It’s a small business, meeting two of the three conditions to be classified as such: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. It’s a real address as only one company is registered there. The company has two directors, and one owner, Wood Adam, who seems to be at the heart of the business.

Financially, I Five Distribution Ltd presents a mixed picture. Cash reserves have significantly increased by 110%, reaching £32,000, which is a positive sign. However, debtors have skyrocketed by 1200%, jumping to £11,000—suggesting potential issues with customer payments. Creditors have also risen by 51%, reaching £34,000. Net assets have seen a dramatic increase, growing by 1400% to £22,000, which is a very good sign. The company’s bank borrowings have decreased, which is also a positive. It’s worth noting that the company's average number of employees has decreased by 33% to just two. With no auditor mentioned, the financial statements are unaudited.

Overall, I Five Distribution Ltd appears to be navigating a period of change. The increased cash reserves and growing net assets are encouraging, but the surge in debtors warrants close attention. The company’s dual focus on distribution and printing, along with its skater-owned ethos, suggests a unique and potentially resilient business model, but it’s important to monitor its financial health closely.

Registered in England/Wales under the registration number 04692713, with a registered address at NN13 7EF, Brackley, Northamptonshire, Unit 5, Oxford Road Industrial Estate.

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