Danseod's Ltd

Danseod's Ltd is a small, active company based in London, UK, established 14 years ago in 2010. It's a solo-founded operation with three directors and two owners, operating from a real address. The company regularly imports clothing and accessories, not knitted or crocheted, with 14 months of import activity recorded, the last in January 2021. While it's a small business – meeting two of three criteria (turnover under £10.2m, assets under £5.1m, fewer than 50 employees) – it's facing some financial challenges.

The company’s core business involves wholesale of clothing and footwear, retail sale via stalls and markets of textiles, clothing and footwear, retail sale via mail order houses or via internet, and agents involved in the sale of textiles, clothing, fur, footwear and leather goods. However, a website isn't available to analyze, so it's unclear if it operates an e-commerce site.

Financially, Danseod's Ltd shows a mixed picture. Accumulated depreciation impairment property plant equipment has increased significantly by 420%, reaching £3,100. Bank borrowings have remained steady at £5,000, while cash bank on hand has risen slightly to £1,500. However, creditors have increased by 25%, reaching £29,000, and net assets have declined by 3.7% to -£35,000. The company’s bank overdrafts remain at £3,600. Despite the decline in equity, the company’s cash reserves are still positive, although it's a small amount. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It's clear that Danseod’s Ltd is facing some financial pressures. The increase in creditors suggests the company may be relying on credit to manage its operations. Whether this is a temporary setback or a longer-term trend remains to be seen.

Registered in England/Wales under the registration number 07404691, with a registered address at SE11 4JE, London, 85 Guinness Trust Buildings, Kennington Park Road Kennington.

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