Smart R Distribution Ltd

Smart R Distribution Ltd, based in Haverhill, UK, is a small, active company founded 14 years ago. With six employees and £426,243 in assets, it operates as a solo-founded business led by a single director and owner. The company regularly imports and exports electrical machinery and equipment, with 99 months of import activity and 5 months of export activity recorded. It’s a real address, not a virtual one.

The company’s website positions it as a partner for access control, CCTV, and smart building solutions, supplying installers and system integrators with a wide range of products from brands like Dahua, Hanwha, and HID Global. It’s not a pure e-commerce site; instead, it functions as a distributor, offering both individual components like cards and readers and complete, integrated systems. The website also highlights technical support, training, and a presales team, suggesting a focus on building relationships with its customers. There’s a blog section with insights on security technology, which is a nice touch.

Financially, Smart R Distribution Ltd shows a mixed picture. Cash bank on hand decreased by 51% to £37,000, while creditors decreased by 18% to £180,000. However, bank borrowings increased by 19% to £81,000. Average number of employees during the period increased by 17% to 7. Net assets increased by 6.2% to £410,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, likely due to its small size and exemption from an audit. The accounts are unaudited.

The company’s financial trends suggest it’s managing its debts, but the decrease in cash reserves could be a concern. It’s likely reinvesting in the business, perhaps expanding its product range or marketing efforts. The increase in bank borrowings could be related to this expansion. Overall, Smart R Distribution Ltd appears to be a stable, well-managed small business, but it’s important to monitor its cash flow in the coming months.

Registered in England/Wales under the registration number 07247586, with a registered address at CB9 7AA, England, Haverhill, Suffolk, Smart R House 13 Moonhall Business Park, Helions Bumpstead Road.

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