Rock Distribution Limited

Rock Distribution Limited, based in Mitcham, UK, is a small, active company founded eight years ago. With a single employee and £263,257 in assets, it operates from a virtual address shared by ten other companies, a fact that might raise a few eyebrows. The company is led by one director and owned by Morley Peter John. It’s a regular importer and exporter of electrical machinery and equipment, having imported for 50 months (last import in December 2020) and exported for 3 months (last export in January 2021).

The company's website reveals a more detailed picture: Rock Distribution operates as a premier distribution company specializing in musical instruments and professional audio, video, and lighting equipment, alongside stage machinery integrations and installations. It serves clients in the Baltic states, providing everything from guitars and microphones to lighting fixtures and stage rigging. The company emphasizes efficiency, quality, transparency, and customer support.

However, a closer look at the financials paints a concerning picture. While turnover remains undisclosed, net assets have plummeted by a staggering 86%, dropping to just £21,000. Cash reserves have also taken a hit, decreasing by 28% to £71,000. Bank borrowings have risen significantly, and trade debtors have increased by 87%. Creditors have also decreased, which is a positive sign, but the overall trend suggests the company is burning through cash. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the dramatic equity decline warrants attention. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The company’s business is in the wholesale of radio, television goods & electrical household appliances.

Registered in England/Wales under the registration number 10213175, with a registered address at CR4 3BW, England, Mitcham, Surrey, 170 Church Road.

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