Daily Max Accessories Ltd

Daily Max Accessories Ltd is a small, active company based in Peterborough, UK, founded nine years ago in 2015. It’s a solo-founded operation with one director and owner, operating an e-commerce site specializing in security systems. The company meets two of three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. Current assets are reported at £6,537.

The company’s website, Daily Max Accessories UK, showcases a range of security products, including indoor and outdoor cameras, smart doorbells, and wireless devices. It positions itself as a leading supplier, offering competitive pricing and worldwide delivery. The site highlights partnerships with brands like Vstarcam and DAMAXA, and features a blog offering advice on home security. The site is very active, and well-designed.

Financially, Daily Max Accessories Ltd presents a mixed picture. Net assets have plummeted 98% to -£8,500, and cash reserves have fallen 62% to £540. Bank borrowings increased 140% to £7,500, and creditors rose 26% to £15,000. The company’s average number of employees during the period was zero. While the business has seen a decrease in current assets, it’s important to note that these are unaudited accounts, and the company is exempt from an audit as a small entity. There's no auditor mentioned.

The company's financial situation suggests it's facing challenges, possibly typical for a startup or small business. The rise in bank borrowings and the decrease in cash reserves could indicate a need for additional funding or improved cash flow management. However, the active e-commerce site and focus on a growing market suggest potential for future growth.

Registered in England/Wales under the registration number 09854740, with a registered address at PE2 9RQ, England, Peterborough, 9 Clement Drive.

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