Datum Alloys Ltd

Datum Alloys Ltd, based in Totnes, UK, is a small, holding company with an active status. Established 31 years ago in 1993, it employs 24 people and holds assets valued at £5,643,040. The company, managed by three directors and owned by Datum Capital Ltd, operates from a real address and regularly imports iron and steel (185 months) and exports machinery, boilers, and mechanical appliances (168 months).

The company’s website is non-existent, which suggests a business-to-business operation relying on direct sales rather than online retail. It appears to be focused on supplying metal products to other industries, rather than selling directly to consumers.

Financially, Datum Alloys Ltd shows some interesting trends. Creditors have increased by 13%, reaching £1.8 million, while bank borrowings have risen significantly, jumping 7.7% to £820,000. Cash reserves have decreased by 60%, dropping to £98,000, and trade debtors have fallen by 24%, suggesting a potential cash flow issue. Despite this, net assets have increased by 4.9% to £4 million, and retained earnings have increased by 4.9% to £4 million. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, as is typical for small companies. Bishop Fleming LLP is the auditor.

The company’s financial data suggests it’s navigating a period of change. While asset growth and retained earnings are positive, the decline in cash reserves and increased borrowings could indicate a need for careful financial management. It’s likely the company is investing in its operations, but it should monitor its cash flow closely to ensure it can meet its obligations.

Registered in England/Wales under the registration number 02834675, with a registered address at TQ9 7QQ, England, Totnes, Unit 9 Torr Hill Park Torr Quarry Industrial Estate, East Allington.

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