Damax Limited

Damax Ltd from Buckingham UK: a small, active company founded 34 years ago, employs just two people, and holds £108,903 in assets. Operating from a virtual address—where 63 other companies are registered—it's led by three directors and owned by two individuals, though the ownership list hasn’s been updated in nine years. Its Google rating sits at a low 1.0 based on just one review. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with recent activity recorded four months ago.

The company's website, Damax.co.uk, showcases a specialized business: providing race car support and Ferrari servicing. It offers both workshop services and trackside assistance, catering to various race series. A gallery highlights past events, and a "For Sale" section lists race cars and Ferrari parts. Contact information and useful links are also provided. The company's address is listed as 8e Boundary Road, Brackley, Northamptonshire.

Financially, Damax Ltd presents a mixed picture. While cash reserves have increased significantly to £18,000—a 380% jump—net assets have surged to £30,000, a remarkable 1300% increase. However, creditors have also risen to £88,000, a 5.4% increase, and trade debtors have ballooned by 620% to £13,000. Bank borrowings have decreased by 33% to £3,700. The company’s small size—meeting two of three conditions for a small company—helps it remain flexible. No auditor is mentioned, which is typical for companies of this size. The increase in debtors could suggest a need to improve payment collection.

Registered in England/Wales under the registration number 02530526, with a registered address at MK18 1TF, England, Buckingham, Whiteleaf Business Centre, 11 Little Balmer.

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