Danzak Limited

Danzak Ltd, based in Oxfordshire, UK, is a large, active company established nineteen years ago. With seven employees and £3,144,388 in assets, it’s a significant player in the region. Two directors and one owner oversee the operations, which are anchored at a real address. The company regularly imports and exports leather goods, travel bags, and animal harnesses – a consistent pattern over the past 73 months of imports and 31 months of exports.

Danzak Ltd operates within the non-specialised wholesale trade industries and is part of a larger financial group, with its ultimate parent company located in the United States. Its website, danzakfinance.co.uk, positions the company as a commercial finance provider, offering development finance, bridging finance, and other financial solutions to businesses. The site emphasizes personalized service, expert guidance, and access to a wide range of lenders. It’s clear they’re aiming to be a one-stop shop for businesses seeking funding.

However, a closer look at the financial data reveals a mixed picture. While net assets increased by 50% to £2,400,000, there are concerning trends. Cash reserves have declined significantly, dropping 49% to £630,000. Administrative expenses have risen sharply, increasing by 33% to £1,100,000, which could be a result of increased marketing efforts or expanding operations. Debtor levels have also surged, more than doubling to £1,600,000, potentially indicating difficulties in collecting payments. Bank borrowings have increased by a staggering 2,400%, reaching £1,200,000, suggesting the company is relying more heavily on debt financing. The company’s auditor, Kench & Co Ltd, has not reported any concerns, but the rising debt and declining cash reserves warrant close monitoring. The decrease in average employees from seven to five may also be a sign of restructuring or cost-cutting measures. It's possible that the company is investing heavily in growth, but the financial data suggests it's walking a fine line.

Registered in England/Wales under the registration number 05534506, with a registered address at RG9 1AY, Oxfordshire, 10 Station Road, Henley On Thames.

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