Danscot Limited

Danscot Ltd from Perth UK: a small, active company celebrating 50 years in business, was founded in 1975. Employing 20 people and boasting a perfect 5.0 Google rating from 21 reviews, it’s a well-regarded local operation. With four directors and a single owner – Wallace Mary Ann – and a real address, it’s a stable presence in the community. The company regularly imports furniture, lighting, and prefabricated buildings, with 51 months of import activity recorded.

The company operates in the printing n.e.c., wholesale of office furniture, and retail sale of newspapers and stationery industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The company’s website is currently unavailable, so it's unclear if they operate an e-commerce platform or primarily serve business-to-business clients.

Financially, Danscot Ltd presents a mixed picture. While cash reserves increased by a respectable 65% to £190,000, net assets declined by 13% to £630,000. Bank borrowings have increased significantly, with a 200% rise in current instruments and a staggering 2200% increase in non-financial instruments, reaching £44,000. Creditors have also risen substantially, increasing by 77% to £380,000. The company’s property, plant, and equipment has increased by 570% to £2,200,000, a notable increase. The company’s assets have increased by 51% to £840,000.

Despite these challenges, the company's strong Google rating and long-standing presence suggest a loyal customer base. As a small company, it benefits from agility, but the rise in debt warrants close monitoring. With no auditor mentioned, the financial data relies on unaudited statements, which is common for small entities.

Registered in Scotland under the registration number SC056986, with a registered address at PH1 3DZ, Scotland, Perth, Bute House, Arran Road.

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