Vb Distribution Limited

Vb Distribution Ltd from Glasgow UK: small company, active status, founded 5 years ago, 1 employee, £3,317 assets, virtual address, 1 director, 1 owner, solo founder. It’s a small operation, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company, registered as SC635824, has been active since July 11, 2019, and operates from a virtual address shared by many other businesses—4450, to be exact. It’s led by a single director and owner, Kieran Dewar, and employs just one person.

The company's website showcases a trade-focused e-commerce platform specializing in well-known brands like Wilkinson Sword, Hawaiian Tropic, Wet Ones, and Suntribe. It offers a range of products, from shaving essentials to sun care and hygiene items, catering to the wholesale sector. The site emphasizes competitive pricing and offers a newsletter subscription for exclusive deals. It’s clear the focus is on bulk sales to retailers and distributors, not direct-to-consumer. There’s a nice selection of products and it seems well-organized.

Financially, Vb Distribution Ltd presents a mixed picture. Current assets have declined by 17% to £3,300, while net assets have risen by 28% to £1,700. Loans from directors increased significantly by 67% to -£2,400, suggesting reliance on personal funding. Cash on hand remained steady at £2,600. Creditors have also decreased slightly. The company's small size exempts it from an audit, so the figures are unaudited. It seems like they are doing okay, but the increase in loans from the director is something to keep an eye on. The company's small size and reliance on personal funding might make it vulnerable to economic fluctuations.

Registered in Scotland under the registration number SC635824, with a registered address at G11 6AX, Scotland, Glasgow, 3/2 302 Meadowside Quay Walk Meadowside Quay Walk.

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