LEA DISTRIBUTION LIMITED

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Executive Summary

Lea Distribution Limited shows improving financial strength with growing net assets and positive working capital, supported by increased stock and cash balances. However, the company has taken on significant hire purchase debt that elevates financial risk and impacts liquidity. Conditional credit approval is recommended, contingent on ongoing monitoring of liquidity, debt servicing, and inventory management to ensure continued ability to meet obligations.

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Who controls this company?

Mr Ian Davy

Correspondence address
1 Causeway Lane, Lea, Gainsborough, England, DN21 5JH
Date of birth
April 1969
Notified on
2020-12-29
Nationality
British
Country of residence
United Kingdom
 
Source data
Nature of control
Owns between 25% and 50% of the company's shares

Mr Jack Anthony Stewart Davy

Correspondence address
Unit 11, Striling Place, Gaqinsborough, England, DN21 1NF
Date of birth
May 2002
Notified on
2020-12-29
Nationality
British
Country of residence
England
 
Source data
Nature of control
Owns between 25% and 50% of the company's shares
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