Paws Distribution Limited

Paws Distribution Ltd is a small, active company based in Oldham, UK, founded seven years ago. It operates as an e-commerce site, employing just two people and managed by a solo founder and one director. The company’s registered address is a virtual one, shared by forty-nine other businesses.

The company specializes in the wholesale trade of motor vehicle parts and accessories, and retail sales via the internet. Its website, 4Down Distribution, showcases a wide range of BMX bikes, parts, and merchandise, catering to a niche market with a focus on rider-owned and rider-run brands. The site’s inventory includes everything from complete bikes and BMX parts to clothing, accessories, and even video content, demonstrating a commitment to the BMX community.

Financially, Paws Distribution Ltd presents a mixed picture. While it meets the criteria to be considered a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), the latest figures show some concerning trends. Equity has fallen significantly, dropping 83% to £330, while net current assets liabilities have also decreased dramatically, falling 78% to just £430. Bank borrowings have also increased, though not as dramatically, and cash reserves have shrunk by a substantial amount. Trade debtors have decreased by 19%, which could indicate improved collections, but the overall decline in equity and net assets suggests potential financial strain. The company's debts have increased, which is not a good sign. There was a decrease in the value of debtors, which could be a positive sign.

With no auditor mentioned, the financial statements are unaudited. The company’s reliance on a virtual address and the decline in financial health raise questions about its long-term viability, but its focus on a specialized market and its active e-commerce presence could provide a buffer against these challenges.

Registered in England/Wales under the registration number 11188155, with a registered address at OL4 1HB, England, Oldham, Db Tax Ltd, 54 Greenacres Road.

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