Micon Distribution Limited

Micon Distribution Ltd, based in Lisburn, UK, is a small, family-run business with an active status. Founded 22 years ago, the company employs 31 people and holds £4,417,328 in assets. It has a real registered address, five directors, and two owners, all contributing to its 5.0 Google rating based on 32 reviews. The company regularly imports iron or steel products, with 185 months of import activity recorded, the last in February 2025.

The company’s website, Micon Distribution, is primarily geared towards trade customers. It requires JavaScript to function and features a search bar and trade enquiry contact number. The site showcases a range of fireplaces, stoves, and accessories, with a focus on electric fires and surrounds. It operates a B2B model, offering brochures and trade applications, and even has a "Find a Stockist" feature. The website also highlights its partnerships with leading brands like Arada and Evonic Fires. It's clear that Micon Distribution isn's an e-commerce site, but a trade-only distributor.

Financially, Micon Distribution Ltd presents a mixed picture. While cash bank on hand increased significantly by 160% to £480,000, current assets decreased by 2.9% to £4,400,000. Debtors dropped considerably by 28%, suggesting better collection practices, but creditors increased by 33% to £900,000. Equity also declined by 11%, resulting in a 9.7% decrease in net assets to £3,700,000. Despite the decrease, the company’s retained earnings and share premium remained constant. 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 remain agile, but the drop in equity is something to keep an eye on. No auditor is mentioned, likely due to its status as a small company.

In short, Micon Distribution Ltd seems to be holding its own, but the financial figures indicate a need for careful management. The company’s focus on trade relationships and strong brand partnerships suggests a sustainable business model, but the recent financial trends warrant close monitoring.

Registered in Northern Ireland under the registration number NI044285, with a registered address at BT28 2NE, Lisburn, Antrim, 1 A, Hallstown Road Ballinderry Upper.

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