Darn It Limited

Darn It Ltd from Leeds UK: a small, active company established 38 years ago, operates with seven employees and holds £4,749,992 in assets. Founded by a solo entrepreneur, the business is now managed by two directors and owned by Darabi Farzad. It’s a regular importer of headgear and accessories, with 60 months of import activity recorded, and has recently begun exporting these same products, with three months of export activity.

The company’s website, Darn It And Stitch, primarily showcases a checkout and discount codes, with a focus on deposit and VAT registration. The site seems to be in a state of flux, with loading issues and error messages, suggesting it may be undergoing development or experiencing technical difficulties. There's a "Book Now" feature, implying a possible service or event booking component, but the overall impression is of a site that's not fully operational.

Financially, Darn It Ltd presents a mixed picture. Cash bank on hand has increased by a substantial 27%, reaching £2,800,000, which is a positive sign. However, creditors have decreased by 9.5%, and trade debtors have fallen by 71%, which may indicate issues with customer payments or a shift in payment terms. Property, plant, and equipment has also decreased by 5.5%. Despite these challenges, equity has increased by 13%, reaching £4,900,000, suggesting the company is retaining profits. 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. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

Registered in England/Wales under the registration number 02024052, with a registered address at LS10 1LB, Leeds, West Yorkshire, 15 Carlisle Road, Hunslet.

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