Daifuku Automotive U.k. Ltd

Daifuku Automotive Uk Ltd from Milton Keynes UK is a large company, holding company, and active status, founded 56 years ago. It employs 18 people and holds £13,293,943 in assets, with a real address and four directors overseeing operations. One owner is listed, though this may not be exhaustive. The company boasts a perfect 5.0 Google rating based on three reviews. It’s a regular importer of machinery, boilers, and mechanical appliances; parts (151 months imported), and a regular exporter of the same (28 months exported).

The company operates in the manufacture of lifting and handling equipment industries. It’s a large company, meeting two of three conditions: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The company’s website is currently unavailable, so it’s difficult to determine if it operates as an e-commerce business.

Financial data reveals a mixed picture. While bank cash increased significantly by 490%, rising to £6.1 million, net losses deepened considerably, jumping 710% to -£6.1 million. Trade debtors increased by 140%, suggesting delayed customer payments, while creditors rose 330%, indicating growing short-term liabilities. The company’s net assets plummeted 73%, leaving it with just £16,000. Despite these challenges, the company’s bank borrowings surged by 2,400%, reaching £29,000, which could indicate an investment in growth or a need to cover shortfalls. The lack of an auditor mentioned suggests the company is exempt from mandatory auditing.

It appears Daifuku Automotive Uk Ltd is facing some financial headwinds, despite its established presence and strong Google rating. The significant increase in debt and the deepening losses suggest it’s burning through cash, but the increase in bank cash could indicate a recent influx of funds. The company’s long history and experience in the industry, however, could provide a buffer against these pressures.

Registered in England/Wales under the registration number 00939789, with a registered address at MK10 0BY, Milton Keynes, Bucks, Unit 5 Kingston Business Park Dunfermline Court, Kingston.

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