D&m London Ltd

D&m London Ltd, based in London, UK, is a small, active company founded three years ago. With two employees and £9,482 in assets, it operates from a virtual address shared by 258 other companies, a detail that warrants some scrutiny. The company is led by two directors and owners, Cakit Nurdogan and Palamut Mehmet, and boasts a stellar 5.0 Google rating from nine reviews. It's an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of imports recorded as far back as December 2021.

The company’s website, DM London Cleaning, highlights its focus on professional cleaning services, particularly for construction sites and refurbishment projects. It’s a full-service operation, offering everything from builders cleans to sparkle cleaning and commercial contracts. The site emphasizes building relationships and providing customized cleaning plans, suggesting a customer-centric approach. It’s a family-run business, a detail they prominently feature, and they even have a blog with helpful cleaning tips.

Financially, D&m London Ltd presents a mixed picture. Current assets have decreased significantly, falling by 47% to just £9,500. Bank borrowings have increased by a staggering 2,400% to £29,000, while cash reserves have plummeted 71% to £4,100. Creditors have also risen sharply, increasing by 110% to £10,000. Despite these challenges, the company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor, likely due to its small size, means the figures are unaudited.

The company’s reliance on a shared virtual address, coupled with the sharp decline in cash reserves and the rise in debt, suggests it’s burning through money. While its cleaning services seem well-regarded, the financial data raises concerns about its long-term sustainability.

Registered in England/Wales under the registration number 13611906, with a registered address at N15 5EA, England, London, C/O Dirench & Co 151 West Green Road, Seven Sisters.

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