Datem Ltd

Datem Ltd, based in Sleaford, UK, is a small, active family business established 22 years ago. Employing 26 people, the company holds £1,215,091 in assets and operates from a real address on Woodbridge Road Industrial Estate. With four directors and four owners, Datem Ltd is a regular importer and exporter of optical and medical tools and devices, with 48 months of import activity and 134 months of export activity.

The company’s website reveals a focus on the offshore geotechnical market, specializing in the design and manufacture of seabed cone penetration systems. Datem Ltd provides a range of products, including the Neptune 3000 and 5000 CPT systems, as well as training courses, repairs, and bespoke engineering solutions. They even offer subsea cable assembly services. The website emphasizes global coverage and a commitment to customer service, highlighting 75 seabed systems worldwide.

Financially, Datem Ltd shows some concerning trends. While turnover isn’t explicitly stated, net assets increased by 15% to £1,400,000, a positive sign. However, cash reserves dropped 17% to £280,000, and current assets decreased by 14% to £960,000. Bank borrowings increased, and trade debtors grew, suggesting potential cash flow pressures. The company meets the criteria for a small business, with turnover below £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no auditor mentioned, likely due to the company's small size.

Despite these challenges, Datem Ltd’s focus on specialized equipment and services within the offshore geotechnical market provides a strong foundation. The company’s long history and commitment to innovation could help it navigate these financial headwinds and continue to serve its global client base.

Registered in England/Wales under the registration number 04640927, with a registered address at NG34 7EW, Sleaford, Lincolnshire, Datem Ltd, Woodbridge Road Industrial Estate.

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