Williams Distributors Ltd

Williams Distributors Ltd, based in Peterborough, UK, is a small, active company founded nine years ago. Employing just two people, it holds £686,930 in assets and maintains a real address. With a Google rating of 4.0 from 12 reviews, it’s a well-regarded local business. The company regularly imports miscellaneous manufactured goods, with eight months of import activity recorded.

The company operates in the other retail sale of new goods in specialised stores industries. Its website, saleswilliamstools.co.uk, focuses on the sale of builders tools, hand tools, and power tools accessories. The site offers a wide range of products, including knives, workwear, and storage solutions, catering to tradespeople and DIY enthusiasts. The website also features a clearance section and discounts, aiming to attract budget-conscious customers. The site's design is functional, with clear product categories and a simple checkout process. It appears to be primarily an e-commerce operation, with no mention of a physical store.

Financially, Williams Distributors Ltd shows a mixed picture. Current assets increased by 24% to £690,000, while net assets increased by 42% to £410,000. Bank borrowings increased by 2,400% to £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. 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 equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s growth in assets and net assets is encouraging, but the increase in bank borrowings and decrease in cash reserves suggest it may be relying on external financing to support its operations. The decrease in creditors is a positive sign, indicating improved financial discipline. Overall, Williams Distributors Ltd appears to be a stable, albeit small, business navigating the challenges of the current economic climate.

Registered in England/Wales under the registration number 10083110, with a registered address at PE1 2QE, England, Peterborough, Cambs, 108-110 Burghley Road.

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