Leaker Direct (distribution) Limited

Leaker Direct Distribution Ltd, based in Newhouse, Motherwell, UK, is a small, active company established 25 years ago. With 15 employees and £2,312,876 in assets, it operates from a real address and is overseen by four directors and one owner. A Google rating of 4.0 from 23 reviews suggests a positive customer experience. The company regularly imports furniture, lighting, and prefabricated buildings—a trend spanning six months, with the most recent import occurring in October 2024.

The company’s website showcases a wide range of products, including fitted kitchens, appliances, flooring, and lighting, catering to both retail and trade customers. It emphasizes a family-run business with over 25 years of experience, offering design meetings and next-day delivery. The site also highlights partnerships with several brands and showrooms, indicating a broader network within the kitchen and appliance industry.

Financially, Leaker Direct Distribution Ltd demonstrates some concerning trends. While cash reserves increased by a substantial 140% to £610,000, current assets have decreased by 18% to £2,300,000. Bank borrowings remained steady at £100,000. Creditors have significantly decreased by 47% to £730,000, which could indicate improved debt management. However, trade debtors have fallen by 50% to £730,000, potentially reflecting slower customer payments. Depreciation for computer equipment has decreased by 13%, while for motor vehicles it has also decreased by 13%. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the decline in assets warrants closer scrutiny. No auditor is mentioned, which is typical for a small, exempt company.

Overall, Leaker Direct Distribution Ltd appears to be navigating a period of change. While cash flow has improved, the decrease in assets and the decline in trade debtors suggest potential challenges ahead. The company’s long-standing experience and strong online presence, however, position it well to weather these pressures—though a more detailed financial review would be beneficial.

Registered in Scotland under the registration number SC203894, with a registered address at ML1 5RX, Newhouse Motherwell, Lanarkshire, Units 109-110 Block 11, Howden Avenue Newhouse Ind Est.

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