Rely Distributions Ltd.

Rely Distributions Ltd is a small, active company based in Halesowen, UK, founded two years ago. With £7,968 in assets and a real address, it operates as a solo-founded business with one director and owner. The company runs an e-commerce site, bridging the gap between large companies and smaller retailers by offering product procurement expertise.

The website details a range of services, including product evaluation, supplier negotiation, quality assurance, supply optimization, market research, and inventory management. It emphasizes sourcing unique, high-quality products for independent retailers, partnering with top-notch brands and offering flexible ordering and competitive pricing. Testimonials highlight the company’s positive impact on clients’ businesses.

Financially, Rely Distributions Ltd presents a mixed picture. While the company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity sits at a negative £3,000. Cash reserves remain steady at £4,400, but creditors have held at £11,000. Trade debtors are at £280. The lack of employees (zero reported) suggests a lean operation. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It seems like Rely Distributions Ltd is navigating the challenges of a young business. While its service-based model and focus on independent retailers show promise, the negative equity suggests it’s burning through money. Whether it can sustain its growth and turn a profit remains to be seen.

Registered in England/Wales under the registration number 14440000, with a registered address at B62 8BF, Halesowen, West Midlands, Grove House Coombswood Court, Steelpark Road.

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