Sykes Distribution Limited
- Small
- Active
- 43 years
- 18 employees
- £1,656,702 (assets)
- Real address
- 3 directors
- 2 owners
- Regular importer
- Irregular exporter
- Family business
- E-commerce
- Rating 5.0 (3)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Sykes Distribution Ltd, based in Manchester, UK, is a small, family business with an active status, having been founded 42 years ago in 1982. Employing 18 people, the company holds £1,656,702 in assets and operates a well-regarded e-commerce site with a perfect 5.0 Google rating from three reviews. It’s a tight-knit operation with three directors and two owners. The company regularly imports furniture, lighting, and prefabricated buildings – a total of 136 months of import activity, with the last operation in February 2025 – and occasionally exports miscellaneous metal items, with just two months of export activity, the last in March 2024.
The company’s website, Sykes Distribution, focuses on supplying components for kitchen furniture – handles, drawers, hinges, storage solutions, and more – catering to both trade and retail customers. The site offers a wide range of products, categorized by style, finish, and application, and even provides a blog with helpful advice and inspiration. It’s clear they’re aiming to be a one-stop shop for kitchen fitters and DIY enthusiasts.
Financially, Sykes Distribution Ltd shows a mixed picture. Current assets have decreased by 15%, dropping to £1,700,000, while net assets have increased slightly by 1.3%, reaching £960,000. Cash reserves have taken a significant hit, plummeting 80% to just £100,000. Trade debtors have also decreased by 16%, falling to £550,000. Creditors have seen a substantial reduction, dropping 60% to £99,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp decline in cash reserves is concerning. No auditor is mentioned, likely due to the company’s small size and exemption from audit. The accounts are unaudited, relying on director-reported data.
In short, Sykes Distribution Ltd is facing some financial headwinds, but it’s a long-standing business with a loyal customer base and a well-established online presence. Whether it can weather these challenges and continue its growth remains to be seen.
Registered in England/Wales under the registration number 01639878, with a registered address at M24 2LX, England, Manchester, Brulimar House Jubillee Road, Middleton.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 1
- psc
-
Resident of United Kingdom
-
Individual
- 8 years
- 1
- psc
-
Resident of United Kingdom
Managers
-
Individual
- 25 years
- 1
-
Resident of United Kingdom
-
Individual
- 28 years
- 1
-
Resident of United Kingdom
-
Individual
- 28 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Unaudited abridged accounts made up to 2024-07-31Download 12 pages pdf report
-
Confirmation statement made on 2024-12-17 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2023-07-31Download 12 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Sykes Distribution Limited
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