Midland Distributors Limited

Midland Distributors Ltd from Leicester, UK, is a small holding company with an active status, established 16 years ago. Employing nine people, the company holds assets valued at £1,874,869, operating from a virtual address shared by 33 other companies. It’s led by one director and one owner, and features an e-commerce site with a respectable Google rating of 4.0 based on 17 reviews. The company regularly imports sugars and sweets, with the last import operation recorded three months ago in December 2021.

The company’s website positions Midland Distributors as a “Local Wholesale Partner,” offering a wide range of FMCG products, including soft drinks, confectionery, household products, toiletries, pet care, and groceries. It also distributes alcoholic beverages and offers packing solutions like carrier bags and pizza boxes. The site highlights its extensive range, reliability, transparency, and customer satisfaction, targeting both small retailers and larger enterprises. It even supplies clearance stores with short-dated goods. The website has a good range of products.

Financially, Midland Distributors Ltd presents a mixed picture. While cash reserves have impressively increased by 1,400% to £350,000, net assets have declined by 11% to £490,000. Creditors have significantly risen by 95% to £1,400,000, suggesting increased borrowing or supplier payments. Trade debtors remain steady at £1,100,000. The company’s small size—meeting two of three conditions for being classified as small—helps it remain nimble, but the increase in creditors is something to keep an eye on. Depreciation on property, plant, and equipment has also decreased, which could mean less investment in the business. The company is exempt from an audit.

Overall, Midland Distributors Ltd appears to be navigating a period of change. The strong cash position is encouraging, but the rising debts and declining net assets suggest potential financial pressures. The company’s focus on wholesale distribution and diverse product range, however, provides a solid foundation for future growth.

Registered in England/Wales under the registration number 06795426, with a registered address at LE3 5GF, Leicester, Leicestershire, 50 Woodgate.

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