Daimensions Ltd

Daimensions Ltd is a small, active company based in Guildford, UK, founded eight years ago in 2016. It's a solo-founded operation with one employee, a single director, and one owner. The company holds £23,180 in assets and has a real registered address. It operates in the retail sale via mail order houses or via internet, and management consultancy activities other than financial management.

The company's website is minimal, suggesting a focus on direct sales rather than a large-scale e-commerce platform. It's likely that Daimensions Ltd relies on platforms like Etsy or eBay to reach customers, rather than maintaining a dedicated online store. This approach would be consistent with its small size and solo founder status.

Financially, Daimensions Ltd presents a mixed picture. Cash reserves have increased dramatically, jumping 980% to £3,800, which is a positive sign. However, net assets have significantly decreased, dropping 95% to -£87,000, indicating accumulated losses. Bank borrowings have also increased, with overdrafts rising 45% to £22,000 within the last year. Creditors have increased by 200% within the last year to £72,000. While trade debtors have decreased by 56%, this could be a result of tighter credit terms or improved collections. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial losses raise concerns about long-term sustainability. There is no auditor mentioned, which is typical for small, exempt companies.

Overall, Daimensions Ltd appears to be navigating a challenging financial landscape. The increase in cash reserves is encouraging, but the significant losses and rising debt suggest that the company is burning through money. Whether it can achieve profitability remains to be seen, but its focus on niche services and lean operations may give it an edge in a competitive market.

Registered in England/Wales under the registration number 10369399, with a registered address at GU2 8EW, England, Guildford, Surrey, 5 Park Barn East.

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