Kaspas Distribution Ltd

Kaspas Distribution Ltd, based in Croydon, UK, is a small holding company with an active status, established eleven years ago in May 2014. The company employs fourteen people and holds assets totaling £4,085,253. While it operates an e-commerce site and has three directors and two owners, its registered address is a virtual one, shared by eighty-one other companies. It regularly imports furniture, lighting, and prefabricated buildings—a consistent pattern over the past twenty months, with the most recent import occurring in January 2025. The company’s core business involves wholesale of fruit and vegetable juices, mineral water and soft drinks, and non-specialised wholesale trade.

The company’s website is not available for analysis.

Financially, Kaspas Distribution Ltd presents a mixed picture. Accumulated depreciation on plant and machinery increased by 20%, while the total accumulated depreciation increased by 50%. Cash bank on hand decreased by 2.2% to £460,000. Creditors rose significantly by 36% to £1.3 million, while trade debtors increased by 14% to £2.9 million. Dividends paid remained constant at £150,000. Equity decreased slightly by 2.1% to £3.1 million. Fixed assets saw a dramatic increase of 360% to £370,000. Net current assets and liabilities decreased by 11% to £2.8 million. Other creditors increased by a staggering 1200% to £460,000. Other taxation and social security payable decreased by 36% to £210,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in creditors and decrease in cash reserves warrants attention. The company’s financial statements are unaudited, relying on director-reported data. It is probable that the company is doing well, but the increase in creditors needs to be watched.

Registered in England/Wales under the registration number 09021141, with a registered address at CR0 1JG, England, Croydon, 73 Park Lane.

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