D-tec Automotive Limited

D-Tec Automotive Limited is a small, active company based in Wakefield, UK, founded eight years ago in 2016. Employing just one person, the company holds £88,725 in assets and operates from a real registered address. Shaw Darren Christopher is both the director and owner, acting as the solo founder. The company specializes in the retail trade of motor vehicle parts and accessories, and retail sales via mail order houses or via the internet.

The company's website is non-existent, which makes it difficult to assess its online presence and e-commerce activities. It’s likely that D-Tec Automotive Limited primarily operates through other channels, such as wholesale or direct sales.

Financially, D-Tec Automotive Limited presents a mixed picture. Current assets have decreased by 14% to £89,000, while net assets have fallen by 19% to £77,000. Bank borrowings are not mentioned, but creditors have increased by 42% to £12,000, suggesting a reliance on short-term financing. Cash reserves have also decreased, falling 8.1% to £63,000. Despite these challenges, the company’s debts are decreasing, which is a positive sign. The company meets two of the three conditions to be considered small, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, D-Tec Automotive Limited appears to be a small, struggling business. The decrease in assets and cash reserves suggests that the company is burning through money, but the decrease in debts is a positive sign. It’s unclear whether the company can turn things around, but it’s certainly facing an uphill battle.

Registered in England/Wales under the registration number 10473841, with a registered address at WF4 4LY, England, Wakefield, 65 Coxley View, Netherton.

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