Its Distributions Ltd

Its Distributions Ltd, based in Worsley, UK, is a small, active company founded four years ago. With a single employee and £2,360 in assets, it operates from a virtual address shared by seventy-eight other companies, a detail that raises some questions. The business is owned and directed by Manel-la Pujol Fraesc Xavier, and features an e-commerce site. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s website, Anastasia Distribution, showcases a wide range of bathroom and kitchen products—taps, showers, toilets, furniture, and more—catering to both trade and retail customers. The site is well-organized, with clear product categories and a focus on competitive pricing and customer support. It’s clear that the business is heavily reliant on online sales.

Financially, Its Distributions Ltd presents a mixed picture. Cash bank on hand decreased by a significant 39% to just £180, while creditors remained stable at £3,600. Current assets also stayed the same at £2,400, but net current assets liabilities deepened to -£1,200. Trade debtors remained constant at £10, and equity declined to -£1,200. The lack of employees (just one reported) suggests a very lean operation. The company is exempt from audit, so the figures are unaudited.

The decline in cash reserves and the negative equity are concerning, but the stable creditors suggest the company is managing its debts reasonably well. Perhaps the business is reinvesting in inventory or marketing to drive sales, but it's important to monitor these trends closely. The company’s reliance on a shared virtual address could also pose risks if other businesses at that address experience issues.

Registered in England/Wales under the registration number 12645427, with a registered address at EC1V 2NX, England, London, 124 City Road.

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