Luba Distribution Ltd

Luba Distribution Ltd, based in Nottingham, UK, is a small, active company founded eight years ago. Employing just three people, it holds assets of £823,423 and boasts a perfect 5.0 Google rating from 147 reviews. The company is a regular importer of electrical machinery and equipment, with 16 months of import activity recorded, the last in November 2024. It operates in the wholesale of radio, television goods & electrical household appliances.

The company’s website, Luba Distribution, positions itself as a leading distributor of kitchen appliances and commercial equipment. It offers a wide range of products, including juicers, coolers, grain mills, and blenders, catering to both manufacturers and retailers. A key focus is the “Beezer” bottle cooler, a new product gaining traction for its design and competitive price. The site also features a catalogue for manufacturers and retailers, alongside consumer support.

Financially, Luba Distribution Ltd shows a mixed picture. Current assets increased by 67% to £820,000, while net assets grew by 55% to £460,000. Cash reserves also saw a healthy increase of 37% to £100,000. However, creditors have risen significantly, increasing by 75% to £230,000, which could indicate expanded operations or increased supplier costs. Trade debtors have also ballooned, rising by 140% to £240,000, suggesting potential issues with customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the rise in liabilities warrants monitoring. As a small company, it's exempt from an audit, so the figures are unaudited. Becker Sebastian Andr is the sole director and owner.

Registered in England/Wales under the registration number 10221096, with a registered address at NG1 1AW, England, Nottingham, 1108 Marco Island, Huntingdon Street.

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