Dartmouth Brands Ltd

Dartmouth Brands Ltd is a small, active company from Hertford, UK, established eleven years ago in 2013. It's a family business with five employees and holds £660,629 in assets. The company is run by two directors and two owners, and was founded by a solo entrepreneur. Dartmouth Brands Ltd regularly imports and exports clocks, watches, and their parts, with 266 months of import activity and 28 months of export activity recorded.

The company operates in the retail sale of watches and jewellery in specialised stores. While no website is listed, this suggests a more traditional retail model, potentially relying on wholesale partnerships or local sales.

Financially, Dartmouth Brands Ltd presents a mixed picture. Current assets have decreased significantly by 39%, falling to £660,000. Net assets have also declined, dropping 14% to -£740,000. Bank borrowings have decreased substantially, falling 73%, and cash reserves have also fallen by 9%. Creditors have decreased by 31%, suggesting improved debt management, but the substantial net asset decline is a concern. Trade debtors have decreased by 58%, which could be a positive sign of quicker payments. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The decrease in assets and the negative equity suggest Dartmouth Brands Ltd may be facing financial challenges. The decrease in bank borrowings and creditors is a positive sign, but the company needs to address the underlying issues impacting its equity. With no auditor mentioned, the financial statements are unaudited, which means the figures rely on director-reported data.

Registered in England/Wales under the registration number 08576415, with a registered address at SG14 1DL, England, Hertford, 4 Post Office Walk, Fore Street.

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