Dannex Systems (uk) Ltd.

Dannex Systems (uk) Ltd is a small, active company founded 21 years ago, operating out of Falkirk, Scotland. With a single employee and £19,183 in assets, it’s a family business run by two owners and overseen by one director. Confirmation is currently overdue by a year, a slight concern. The company’s registered address is a virtual one, shared by 28 other businesses, which is a bit unusual. It’s an irregular importer, primarily dealing in wood and wood products, with recent activity recorded just two months ago. The company operates in the “other business support service activities n.e.c.” industries.

The company’s website is non-existent, so it’s difficult to determine if it operates an e-commerce site or provides services directly. Without a website, it’s hard to gauge its online presence or customer engagement.

Financially, Dannex Systems (uk) Ltd shows a mixed picture. While average number of employees increased by 100% to two, cash bank on hand disappeared entirely, dropping 100% to zero. Bank borrowings surged by a staggering 210%, reaching £30,000, and current assets plummeted 77% to just £19,000. Creditors also increased significantly, rising 61% to £85,000. On the plus side, trade debtors decreased by 75%, suggesting improved collection of payments. Equity took a massive hit, falling 62,000% to -£98,000, a worrying trend. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

Overall, Dannex Systems (uk) Ltd is facing financial pressures. The sharp decline in cash reserves and the significant increase in bank borrowings are concerning. While the decrease in trade debtors is positive, the negative equity and the surge in creditors suggest the company is burning through money. It's possible that the company is undergoing a period of investment or expansion, but without more information, it's difficult to say for sure.

Registered in Scotland under the registration number SC264637, with a registered address at FK1 1HZ, 2 Melville Street, Falkirk.

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