P&p Distribution Limited

P&P Distribution Ltd, based in Leeds, UK, is a small, family-run business with an active status. Founded seven years ago in 2018, it operates with two directors and owners, and boasts £128,952 in assets. The company has a real registered address and is currently importing drinks, alcohol, and vinegar—a regular activity spanning nine months, with the latest import recorded in November 2024. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s website, pmpdistributionltd.co.uk, is a wholesale supplier of vape products, focusing on disposable vapes, e-liquids, and related accessories. It operates as an e-commerce business, offering next-day delivery for orders placed before 2pm and same-day dispatch. The site features a wide range of brands and products, including Lost Mary, Elf Bar, and various e-liquids, catering to both retail customers and wholesale buyers. It seems to be a popular choice, with a strong social media presence across Facebook, Twitter, Pinterest, Instagram, and TikTok.

Financially, P&P Distribution Ltd presents a mixed picture. Creditors increased by 12% to £220,000, while cash bank on hand rose dramatically by 390% to £520. However, net assets decreased by 15% to -£120,000, and bank borrowings remained constant at £7,400. Trade debtors saw a significant jump, ballooning by 540% to £8,300, which could indicate a reliance on customer payments. The company’s small size and lack of employees (zero reported) suggests a lean operation, but the declining equity raises concerns. The financial statements are unaudited, and no auditor is mentioned.

Overall, P&P Distribution Ltd seems to be a dynamic, albeit financially challenged, business. Its focus on the growing vape market and strong online presence offer potential for growth, but the company will need to address its declining equity and manage its trade debtors effectively to ensure long-term sustainability.

Registered in England/Wales under the registration number 11327020, with a registered address at NG5 5DY, England, Nottingham, 54 Dunvegan Drive, Rise Park.

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