Danum Couplings Ltd

Danum Couplings Ltd, a small, active company based in Doncaster, UK, has been operating for eleven years. Founded in 2014, it employs just one person and holds £292,018 in assets. The business, led by a solo founder and single director, Whitworth Christopher Dean, is a regular importer of machinery, boilers, and mechanical appliances, with five months of import activity recorded as of October 2024. It also engages in irregular exporting, with just one month of export activity noted as of November 2022. The company operates in the machining industries.

The business's website is currently unavailable, making it difficult to determine the specifics of its online presence and sales strategy. It’s unclear if they have an e-commerce site or rely solely on business-to-business sales.

Financially, Danum Couplings Ltd presents a mixed picture. While net assets increased by 34% to £110,000, bank borrowings have risen significantly by 31% to £110,000. Cash reserves are minimal at just £210. Trade debtors have increased substantially, suggesting potential issues with customer payments, while creditors have also increased, though not as dramatically. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

The increase in bank borrowings, combined with the low cash balance, suggests the company may be burning through money, although the increase in net assets indicates some level of profitability. The rise in trade debtors could be a temporary blip or a sign of longer-term payment issues. It's possible the company is investing in growth, which would explain the increased borrowing, but the minimal cash reserves are a cause for concern.

Registered in England/Wales under the registration number 09002743, with a registered address at DN3 1QQ, England, Doncaster, 93 Newhall Road, Kirk Sandall.

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