Danley Distribution Ltd

Danley Distribution Ltd from Glasgow UK: a small, active company founded five years ago, employs two people, and holds £334,949 in assets. It operates from a virtual address, is overseen by three directors, and has one owner. The company regularly imports and exports electrical machinery and equipment, with 23 months of import activity and 55 months of export activity recorded.

The company’s website highlights its focus on audio technology, particularly for professional applications. It describes itself as providing "smart, sustainable sound" and emphasizes the benefits of its patented technology, including reduced transport costs, improved sightlines, and enhanced ROI. The site showcases its products, case studies from stadiums to places of worship, and encourages potential customers to leave a message for contact. It’s clear that Danley Distribution Ltd is positioning itself as a provider of high-quality audio solutions for a range of industries.

Looking at the financials, Danley Distribution Ltd shows some concerning trends. While fixed assets increased by 4.6%, current assets decreased by 32%, dropping to £330,000. Net assets also took a hit, decreasing by 64% to £150,000. Bank borrowings increased by 6.6%, and cash reserves plummeted 98%, leaving just £4,700. On a brighter note, creditors decreased by 44%, which could indicate improved debt management. The company’s small size—meeting two of the three criteria for a small company—helps it remain flexible, but the significant decline in equity warrants attention. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Danley Distribution Ltd appears to be facing financial headwinds. While its audio technology focus and regular import/export activity suggest ongoing business, the declining assets and cash reserves raise questions about its long-term sustainability. It’s possible that increased competition or changing market conditions are impacting its performance, but more information would be needed to draw firm conclusions.

Registered in Scotland under the registration number SC631599, with a registered address at G1 3NQ, Scotland, Glasgow, 6th Floor Gordon Chambers, 90 Mitchell Street.

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