Da Convenience Ltd

Convenience Da Ltd from Brierley Hill UK is a small, active company founded six years ago. It employs three people and holds £35,009 in assets, operating from a real address. The company is led by a solo founder and one director, with Malhotra Baljeet Singh owning the business. It’s an irregular importer, having imported electrical machinery and equipment for just two months, with the last import occurring in September 2022. The company operates in the other retail sale in non-specialised stores industries.

The company's website, Star Women in Convenience Awards, focuses entirely on an annual awards event recognizing women in the convenience store industry. It’s not an e-commerce site, but rather a platform for nominations, registration, and event promotion. The awards ceremony, held annually in Toronto, Canada, celebrates leadership, innovation, and commitment within the convenience sector. The event also features networking opportunities, keynote speakers, and is highlighted in a magazine and online. It's clear the company's primary focus is on organizing and promoting this awards event.

Financially, Convenience Da Ltd presents a mixed picture. Cash bank on hand has dramatically decreased by 95%, falling to just £810, while bank borrowings have reduced by nearly 30% to £22,000. Current assets have also fallen by 27% to £35,000, and net assets have dropped by 21% to £2,200. However, creditors have decreased by 20%, and trade debtors have seen a significant increase of over 500%, reaching £34,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in equity and cash reserves suggests it’s burning through money. The company is exempt from an audit, so the figures are unaudited. It's possible the company is investing heavily in the awards event, which could explain the drop in cash, but the increase in trade debtors is a concern.

Registered in England/Wales under the registration number 12007585, with a registered address at DY5 3JA, United Kingdom, Brierley Hill, West Midlands, 63 High Street, Brockmoor.

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