Company Overview
The Distribution Solution (Ni) Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 08 April 2008, so this is a well established company. The Distribution Solution (Ni) Ltd has been in business for 17 years and 11 months. The accounts status is unaudited abridged and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Unit 26 Kilwee Business Park, Upper Dunmurry Lane, Dunmurry, Belfast, BT17 0HD
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Companies House Data
Company NameTHE DISTRIBUTION SOLUTION (NI) LTD
Company NumberNI068803
Registered Office AddressUnit 26 Kilwee Business Park, Upper Dunmurry Lane
 Dunmurry
 BT17 0HD
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date08/04/2008
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date06/05/2017
Returns Last Made Up Date08/04/2016
Directors & Members
Show Resigned
John Heenan - Director
(Northern Irish, 67 years old, born June 1959)
Appointed 01 April 2018
 Active
Lorraine Heenan - Director
(Northern Irish, 64 years old, born August 1962)
Appointed 01 July 2023
 Active
Secretaries
Show Resigned
John Heenan - Secretary
Appointed 01 April 2018
 Active
Other Company Directorships
John Heenan
GOODBUYCO LTD.
GREENTECHENV LTD
REFIRED LTD
THE DISTRIBUTION SOLUTION (EUROPE) LTD
Lorraine Heenan
REFIRED LTD
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 106,514 106,514 62,225
Current Assets 629,293 629,293 538,214
Creditors Due Within One Year 328,689 328,689 299,508
Working Cap 300,604 300,604 238,706
Total Assets Less Current Liabilities 407,118 407,118 300,931
Long-term Liabilities 129,430 129,430 57,854
Net Assets 277,688 277,688 243,077
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 277,688 277,688 243,077
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 14.5% 14.5% 10.4%
Stocks Inventory - - -
Debtors 62.4% 62.4% 62.5%
Cash Bank In Hand 23.1% 23.1% 27.1%
Current Assets 85.5% 85.5% 89.6%
Creditors Due Within One Year 44.7% 44.7% 49.9%
Net Current Assets Liabilities 40.9% 40.9% 39.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 37.7% 37.7% 40.5%
Capital Employed - - -
Total Assets Less Current Liabilities 55.3% 55.3% 50.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Liquidity Ratio 1.9 1.9 1.8
Solvency Ratio 1.6 1.6 1.7
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Assets 735,807 735,807 600,439
Debt 458,119 458,119 357,362
Net Assets/Debt 277,688 277,688 243,077

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 29 June 2025 with no updates
Confirmation statement made on 29 June 2024 with updates
Appointment of Mrs Lorraine Heenan as a director on 1 July 2023
Confirmation statement made on 29 June 2023 with updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 29 June 2022 with no updates
Notification of Lorraine Heenan as a person with significant control on 9 September 2021
Confirmation statement made on 29 June 2021 with no updates
Confirmation statement made on 29 June 2020 with updates
Confirmation statement made on 13 March 2020 with no updates
Confirmation statement made on 13 March 2019 with updates
Change of details for Mr John Heenan as a person with significant control on 1 November 2018
Secretary's details changed for Mr John Heenan on 1 November 2018
Director's details changed for Mr John Heenan on 1 November 2018
Secretary's details changed for Mr John Heenan on 1 November 2018
Change of details for Mr John Heenan as a person with significant control on 1 November 2018
Director's details changed for Mr John Heenan on 1 November 2018
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