Dafs Ltd

Dafs Ltd from London UK: a small, active company founded four years ago, employs just one person, holds £1,579 in assets, and operates from a real address. With one director and two owners, it’s a family business running an e-commerce site and enjoys a stellar 5.0 Google rating from 106 reviews.

The company's core business revolves around retail sale via mail order houses or via internet, alongside advertising agencies. It’s a small operation, meeting two of three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The website, while not directly linked to Dafs Ltd, appears to be a major player in the truck industry, showcasing a wide range of DAF trucks, services, and components. It highlights new generation models, used trucks, dealer networks, and even driver training programs – a far cry from the presumably smaller-scale e-commerce operation.

Financially, Dafs Ltd’s numbers paint a mixed picture. Current assets have fallen by 13% to £1,600, while net assets have dropped by 15% to -£5,800. Bank borrowings are down, which is good, but cash reserves are a meager £72. Debtors have also decreased, which is positive, but the negative equity suggests the company is burning through cash. The lack of employees (just one reported) keeps overhead low, but the declining equity raises concerns about its long-term viability. With no auditor mentioned, the figures are unaudited.

Overall, Dafs Ltd seems to be navigating a challenging financial landscape. While its e-commerce site enjoys positive reviews, the underlying business is struggling to build a sustainable foundation. The connection to the larger, well-established DAF truck business remains unclear, but it’s a fascinating juxtaposition of scale and ambition.

Registered in England/Wales under the registration number 13076906, with a registered address at E6 2JA, United Kingdom, London, Office 454 182-184, High Street North.

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