Daro Connectivity Limited
- Small
- Holding
- Active
- 8 years
- 7 employees
- £518,613 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Daro Connectivity Ltd from Sudbury UK is a small holding company with an active status, established seven years ago in 2017. The company employs seven people and holds £518,613 in assets, operating from a real address in Chilton Industrial Estate. It's led by two directors and has one owner. Daro Connectivity is a regular importer of electrical machinery and equipment, with its last import operation recorded in September 2024.
The company’s website indicates it has been incorporated into Daro Manufacturing Services, continuing to provide manufacturing capability to the communications industry. Contact is made through Daro Manufacturing Services. It's a 100% owned subsidiary of Daro Group Ltd and fits perfectly with Daro Group strategy. The company operates in the other business support service activities n.e.c. industries.
Financially, Daro Connectivity Ltd’s recent performance reveals some concerning trends. Cash bank on hand decreased by 52% to £48,000, while creditors surged 90% to £390,000. Net assets also took a hit, dropping 39% to £130,000. Trade debtors increased significantly, by 170%, reaching £470,000. Despite these challenges, creditors decreased by 18%, suggesting improved debt management. The company’s small size—meeting two of three conditions for a small company—helps it remain agile. The lack of an auditor mentioned is likely due to its status as a small company, so the figures are unaudited.
The company’s financial data suggests it’s facing some pressures, although it’s difficult to say if it’s burning through money. The increased debt and decreased cash reserves are worrying, but the decrease in creditors is a positive sign. It’s likely the company is still adjusting to market conditions, and the integration with Daro Manufacturing Services could be impacting its financial performance.
Registered in England/Wales under the registration number 10810142, with a registered address at CO10 2YA, England, Sudbury, Suffolk, Churchfield Road, Chilton Industrial Estate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 8 years
- 7
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 2 years
- 8
-
Resident of Sweden
-
Individual
- 8 years
- 10
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
Confirmation statement made on 2024-06-07 with no updatesDownload 3 pages pdf report
-
Accounts for a small company made up to 2023-12-31Download 10 pages pdf report
-
Total exemption full accounts made up to 2022-12-31Download 10 pages pdf report
Importer profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
Similar importers
- Company names
- HS codes
- Financial data
- Officers and owners
FAQ about Daro Connectivity Limited
Looking for leads in the UK?
Try our FREE App—access UK datasets with limited features!