Davies Salvage Limited

Davies Salvage Limited, based in Nottingham, UK, is a small, active family business established thirteen years ago. With eleven employees and £453,578 in assets, it operates from a real address and is managed by two directors and owners. The company’s primary focus is exporting machinery, boilers, and mechanical appliances – a consistent activity spanning 57 months, with the most recent export recorded in December 2024. It also engages in irregular importing of iron or steel products, with just one month of import activity noted in 2022.

The company’s website doesn’t provide much detail beyond its registration information, suggesting a focus on business-to-business operations rather than direct consumer sales. It appears to be primarily involved in the collection of non-hazardous waste, a vital service for various industries.

A review of Davies Salvage Limited’s financial data reveals a mixed picture. While net assets increased by a substantial 27%, to £360,000, cash reserves experienced a significant drop of 38%, settling at £160,000. Bank borrowings decreased by 6.8%, to £25,000, indicating improved debt management. Trade debtors have increased substantially, by 340%, to £140,000, which could be a sign of expanding sales but also potential collection challenges. Creditors also increased, by 0.67%, to £250,000. 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. There is no auditor mentioned, consistent with its status as a small, exempt company.

The company’s financial trends suggest a period of growth, but also potential liquidity concerns. The increase in trade debtors warrants close monitoring, and the decrease in cash reserves may require careful management of expenses. Despite these challenges, Davies Salvage Limited's established export activity and family ownership provide a solid foundation for continued operation.

Registered in England/Wales under the registration number 07805491, with a registered address at NG13 9HY, Nottingham, Langar North Trading Estate Harby Road, Langar.

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