Danarm Machinery Limited

Danarm Machinery Ltd from Gloucestershire UK: a small, active company founded 25 years ago, employs three people, and holds assets valued at £610,567. With a real address and three directors, it’s a well-established operation. The company regularly imports machinery, boilers, and mechanical appliances, parts—a consistent flow over the past 190 months—and has also engaged in some exporting activity, though less frequent, with three months of export activity recorded.

The company’s website reveals a broader scope than initially apparent. Dorn Hill Machine Services, the primary site, functions as a dealer for CFMOTO off-road vehicles, including quad bikes and utility vehicles. They cater to various industries, from agriculture to equestrian, and also offer garden machinery sales, servicing, and contract hire. The site highlights a 30-year history in land-based engineering and emphasizes quality service and repairs. They also sell used machinery and offer a wide range of garden machinery, from ride-on mowers to chainsaws.

Financially, Danarm Machinery Ltd presents a mixed picture. Cash bank on hand has impressively increased by 98%, reaching £260,000, a positive sign. However, creditors have risen significantly by 160%, reaching £97,000, which could indicate increased reliance on credit. Trade debtors have decreased by a substantial 44%, suggesting potential issues with customer payments. Equity has increased by 2.6%, and net current assets liabilities have also increased by 3%. The company’s small size—meeting two of three conditions for being a small company—allows for flexibility, but the rise in creditors warrants closer attention. The company’s accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Registered in England/Wales under the registration number 03883770, with a registered address at GL6 0JP, Gloucestershire, Unit 1 Gigg Mill, Old Bristol, Road, Nailsworth.

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