Dash Components Ltd

Dash Components Ltd, based in Berwick Upon Tweed, UK, is a small, active company established 20 years ago. Employing 21 people, the firm holds £1,050,141 in assets and operates from a virtual address – a point to note as 62 companies share the same location. With four directors and three owners (though the list changed recently, suggesting potential changes in ownership), the company boasts a stellar 5.0 Google rating based on five reviews. Dash Components Ltd regularly imports treated or layered fabrics for industrial use, with 76 months of import activity recorded.

The company’s website is minimal, offering little insight into its operations beyond its name and contact information. It appears to be primarily a B2B supplier, rather than a direct-to-consumer retailer. The company operates in the manufacture of other textiles n.e.c. industries.

Financially, Dash Components Ltd presents a mixed picture. While bank borrowings decreased by 17%, cash reserves increased by a substantial 26% to £380,000. However, net assets only increased slightly by 2.8% to £1,000,000. Creditors increased by 24%, and trade debtors decreased by 21%, which could indicate a need to improve cashflow management. 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 is consistent with its status as a small, exempt company. Depreciation for computer equipment has increased by 39%, which could be due to investment in new technology, but depreciation for motor vehicles has decreased by 56%, which could be due to the sale of assets.

Overall, Dash Components Ltd appears to be financially stable, but it’s important to monitor its cashflow and debt management. The recent changes in ownership could also signal a shift in strategy or direction for the company.

Registered in England/Wales under the registration number 05290025, with a registered address at TD15 1TB, England, Berwick Upon Tweed, Northumberland, Halidon House 17d Windmill Way West, Ramparts Business Park.

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