Chris Davison Agencies Ltd

Chris Davison Agencies Ltd, based in Alnwick, UK, is a small, active company founded 25 years ago. Employing just three people, the business holds assets totaling £569,709 and operates from a real address at Lee Moor Business Park. With three directors and one owner at the helm, it’s a relatively compact operation. Google reviews, however, paint a mixed picture, with a rating of just 2.0 based on three reviews. The company regularly imports footwear and related items—a consistent pattern over the last 59 months—and has recently started exporting, with four months of export activity recorded.

The company’s website, CDA Limited The Mountain Works, suggests a focus on outdoor gear and brands, with a clear emphasis on retail and a login area hinting at a B2B component. While the site is simple, it does present a range of outdoor clothing and equipment, indicating a focus on the wholesale of clothing and footwear industries.

Financially, Chris Davison Agencies Ltd’s recent performance shows some concerning trends. Net assets have plummeted by a staggering 98%, landing at a negative £70,000. Cash reserves have also declined, dropping 25% to just £3,900. Bank borrowings have surged by a substantial 88%, reaching £280,000, while overdrafts have also increased significantly. Creditors, however, have decreased by 27%, suggesting some improvements in managing short-term debts. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity raises questions about its financial health. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Chris Davison Agencies Ltd appears to be facing financial headwinds. While its import and export activities remain consistent, the significant losses and rising debt suggest a need for careful management. It’s a small company, and these things happen, but the trends are not encouraging.

Registered in England/Wales under the registration number 03829598, with a registered address at NE66 3RL, England, Alnwick, Northumberland, The Loft Unit 3, Lee Moor Business Park, Rennington.

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