Wkd Distribution Limited

Wkd Distribution Ltd, based in St. Albans, UK, is a small, active company founded fourteen years ago in 2011. With four employees and £797,068 in assets, it operates as a family business with a solo founder. The company boasts a Google rating of 4.0 based on one review and is managed by two directors and two owners. It has a real address and is registered at AL3 6XT, St. Albans, Hertfordshire, Unit 3 The Caxton Centre, Porters Wood.

Wkd Distribution Ltd specializes in importing and exporting electrical machinery and equipment, with 117 months of import activity and 159 months of export activity recorded. Its website highlights a shift in strategy, with the company now operating from Poland to better serve European clients and avoid customs duty issues. It offers a wide range of mobile phone accessories, from batteries to bluetooth devices, and even provides services like piano restoration.

Financially, Wkd Distribution Ltd shows a mixed picture. Current assets increased by 27% to £800,000, while net assets grew by 9.4% to £1,600,000. Bank borrowings surged by 84%, reaching £170,000, and cash reserves increased by 64% to £710,000. Trade debtors decreased by 48%, suggesting improved collections, but other creditors increased significantly by 2300%, reaching £86,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial increase in other creditors warrants further investigation. The company is exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 07498426, with a registered address at AL3 6XT, St. Albans, Hertfordshire, Unit 3 The Caxton Centre, Porters Wood.

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