Navigation Distribution Ltd

Navigation Distribution Ltd, based in Barnoldswick, UK, is a small, active company founded five years ago in 1999. Employing just two people and holding £56,109 in assets, it operates from a real address and is managed by a single director and owner. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just two months of import activity recorded as of March 2023.

The company’s website reveals a focus on dropshipping lighting products, acting as the sole UK distributor for a Polish manufacturer, Milagro. It targets retailers and trade outlets, offering a range of over 1300 products, with a focus on fast delivery, free returns, and excellent customer service. The company’s website highlights a team with over 60 combined years of experience in the retail and trade sectors, emphasizing a “no risk” proposition for its customers.

Financially, Navigation Distribution Ltd presents a mixed picture. Creditors have increased significantly, rising by 13% to £54,000 within a year, while bank borrowings have decreased by 66% to £8,100. Cash reserves have increased by 42% to £1,100, and current assets have increased by 37% to £56,000. However, retained earnings have decreased by 97% to -£11,000, indicating a potential reliance on external financing. 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 keep overhead low, but the decline in equity is something to keep an eye on. As a small company, it’s exempt from an audit, so these are unaudited figures.

Registered in England/Wales under the registration number 12529187, with a registered address at BB18 6SZ, England, Barnoldswick, Unit 9 Soughbridge Mill Colne Road, Kelbrook.

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