Dalion Engineering Limited

Dalion Engineering Ltd from Dudley, UK, is a small, active company established 18 years ago. With just two employees and £5,580 in assets, it’s a solo-founded operation overseen by three directors. The company, based at a real address, regularly imports machinery, boilers, and mechanical appliances (parts) – with 74 months of import activity recorded – and exports electrical machinery and equipment, boasting 113 months of export activity.

The company's website describes it as specialists in general and precision engineering solutions, offering engineering, hydraulics, and a gallery of their work. They design, manufacture, customise, and maintain engineering products for various sectors including mining, electrical components, trucking, and automotive. The website highlights their commitment to quality and customer service, with a vision to be a leading engineering enterprise in Southern Africa.

Financially, Dalion Engineering Ltd's report reveals a concerning trend. While bank borrowings decreased by 4.1% to £630,000, current assets plummeted a staggering 94% to just £5,600. This drastic reduction in liquid assets, coupled with a 93% drop in cash reserves, suggests a serious cash flow problem. Creditors increased significantly by 620%, reaching £1.9 million, and net assets fell 84% to just £24,000. Trade debtors have disappeared completely, which is a good sign. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity raises questions about its long-term viability. With no auditor mentioned, the figures rely on unaudited statements.

The company’s subsidiary, Midland Tool and Design Limited, is also mentioned, with the company providing guarantees for its bank borrowings. It's likely the parent company is supporting the subsidiary, but the financial strain on Dalion Engineering Ltd is clear. The company is clearly struggling to maintain its financial health, and the future remains uncertain.

Registered in England/Wales under the registration number 06228103, with a registered address at DY4 9DF, Dudley, West Midlands, Unit 20 Barnfield Road, Tipton.

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