Scv Distribution Limited

Scv Distribution Ltd, based in Hoddesdon, UK, is a small, holding company with an active status. Founded 39 years ago in 1986, the company employs nine people and holds £1,120,639 in assets. With a real address and three directors, it’s a well-established operation. The company is a regular importer and exporter of electrical machinery and equipment, with 561 months of import activity and 38 months of export activity recorded. The last import was made in October 2024, and the last export in September 2024.

The company operates in the non-specialised wholesale trade industries, and is owned by Imag Electronics Holdings Ltd. Stirling Andrew John, Esau Matthew James, and Young Ian Charles are the directors of the company.

Financially, Scv Distribution Ltd shows some interesting trends. Cash and cash equivalents have increased by a significant 56%, reaching £240,000, which is a good sign. However, net assets have remained relatively stable at £770,000. Trade debtors have risen by 23%, reaching £230,000, which could indicate delayed payments from customers, or perhaps a strategic decision to offer more credit. Creditors have also increased by 30%, reaching £380,000, which could be related to the increased trade debtors. Bank borrowings have not been reported. 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 flexibility, but the increase in trade debtors and creditors warrants monitoring. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Scv Distribution Ltd appears to be a stable, well-established company, but the increase in trade debtors and creditors should be watched closely.

Registered in England/Wales under the registration number 01993558, with a registered address at EN11 0NT, Hoddesdon, Hertfordshire, Unit C1 Geddings Road, Belcon Industrial Estate.

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