Danuk Innovative Gifts Limited

Danuk Innovative Gifts Ltd from Stockport UK is a small, active company founded 18 years ago. With three employees and £37,046 in assets, it operates from a virtual address – a fact highlighted by the presence of 217 other companies registered at the same location. The company, overseen by three directors and two owners, maintains a perfect 5.0 Google rating based on eight reviews and regularly imports miscellaneous metal items, with 41 months of import activity recorded, the last in November 2024.

The company’s primary focus is retail sales via mail order and internet, as described on its website. While no dedicated e-commerce site is apparent, the company’s activities suggest an online presence. The business operates in the retail sector, catering to customers through mail order and online channels.

Financially, Danuk Innovative Gifts Ltd shows a mixed picture. Current assets have decreased by 26% to £37,000, while net assets have fallen 30% to £40,000. Cash bank on hand has also declined by 12%, dropping to £21,000. Trade debtors have seen a significant decrease of 39%, falling to £16,000, which could indicate improved collection efforts. However, creditors have also decreased, suggesting a need to manage short-term obligations. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the decline in equity raises questions. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company's depreciation on computer equipment has increased by 86%, while motor vehicle depreciation has increased by 1400%, suggesting increased investment in these assets. Despite these changes, the company's overall financial health appears to be in a state of flux, with both positive and negative trends evident.

Registered in England/Wales under the registration number 06053327, with a registered address at SK7 5ER, England, Stockport, 2 Station View, Hazel Grove.

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