Daro Manufacturing Services Limited

Daro Manufacturing Services Ltd from Sudbury UK: a small, holding company with an active status, was founded 24 years ago in 2000. The company employs 32 people and holds £2,126,260 in assets, operating from a real address shared by only three other companies. With two directors and one owner, it maintains a Google rating of 4.0 based on four reviews. It’s an irregular importer of electrical machinery and equipment, with just one month of imports recorded.

The company’s website highlights its services: product design, fabrication, and assembly. It’s clear that Daro Manufacturing Services isn’t an e-commerce business, but rather a business-to-business provider of manufacturing services. They work with aluminium, mild, and stainless steel, offering qualified welding services. They also provide product assembly services, including those requiring a controlled environment. The website lists several clients, including Hellenic Systems, Timberwolf, and Anglian Water, and proudly states it’s a 100% owned subsidiary of Daro Group Ltd.

Financially, Daro Manufacturing Services Ltd shows some interesting trends. While current assets increased by 21% to £2,100,000, net assets rose by 16% to £1,400,000. However, bank borrowings surged by 2,400%, reaching £29,000, and cash reserves plummeted 71% to just £4,100. Trade debtors ballooned by 890%, suggesting delayed customer payments or expanded credit terms, and creditors rose 35% to £34,000. The lack of employees (zero reported) hints at a lean, possibly solo operation. The company is a small business, meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 25 employees. The accounts are unaudited, and no auditor is mentioned. The company’s rapid growth in debt could be a sign of investment in new equipment or expansion, but it’s something to watch closely.

Registered in England/Wales under the registration number 04010490, with a registered address at CO10 2YA, 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.