Daco Scientific Limited

Daco Scientific Ltd, based in Aldermaston, UK, is a holding company with an active status, marking 37 years in operation. Employing 73 people, the company boasts assets of £11,618,197 and a yearly revenue of £9,655,766. It has five directors, three owners, and a Google rating of 3.0 based on two reviews. The company regularly imports and exports electrical machinery and equipment, with a history of 271 months of imports and 347 months of exports.

Daco Scientific is a specialist hand controller company, offering both custom-built and modular options. Its website highlights expertise in unusual requirements, integration with unique interfaces, and a range of configurations to meet specific needs. They supply products to aerospace and defense programs and even offer 3D printing capabilities. Case studies on the website showcase solutions for design changes and replacement parts, demonstrating a commitment to customer support.

Financially, Daco Scientific presents a mixed picture. While revenue increased by a solid 14% to £9,655,766, net assets took a significant hit, decreasing by 68% to £1,680,000. Bank borrowings surged by 380% to £1,000,000, while cash reserves plummeted 60% to £340,000. Creditors decreased by 15% to £1,400,000, suggesting improved debt management. The company’s property, plant, and equipment saw a 12% increase, potentially reflecting investments in production capabilities. The lack of an auditor mentioned suggests the company is exempt, relying on unaudited statements.

The sharp decline in equity, despite increased revenue, is a cause for concern. It could be due to increased investment in inventory or expansion efforts. The surge in bank borrowings suggests a need for additional funding. The company's focus on specialized hand controllers and its commitment to quality and customer service position it well for future success, but managing its financial health will be crucial.

Registered in England/Wales under the registration number 02151964, with a registered address at RG7 8PB, Aldermaston, Berks, Vulcan House, Calleva Industrial Park.

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