Davilex Group Limited

Davilex Group Limited, based in London, UK, is a small, active company established five years ago. With nine employees and £1,535,497 in assets, it operates from a real address and is led by one director and two owners. The company specializes in the wholesale of household goods and boasts three distinct brands: Brackit DIY Hardware, Deskit Laminating & Office, and Edukit Creative & Craft. It’s a regular importer of plastics and plastic products, with 73 months of import activity, and a less frequent exporter, with six months of export activity.

The company's website showcases a diverse range of products, from DIY tools and laminating solutions to arts and crafts supplies. It emphasizes quality, affordability, and customer satisfaction, targeting both individual consumers and commercial clients. The brands are marketed through an e-commerce platform and, in the case of Deskit, even have a presence in Harrods.

Financially, Davilex Group Limited presents a mixed picture. While current assets remained stable at £1,500,000, net assets increased significantly by 290% to £49,000. Cash bank on hand, however, took a substantial hit, dropping 59% to £6,400. Trade debtors have increased by a remarkable 72%, potentially indicating a shift towards extended payment terms or an increase in sales volume. Creditors also rose, but by a more modest 8.4%. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decrease in cash reserves warrants attention. The unaudited accounts, typical for a small company, rely on director-reported data.

Overall, Davilex Group Limited seems to be navigating a period of change. The growth in debtors suggests increased sales, but the decline in cash reserves could pose a challenge. The company’s diverse product range and focus on customer service position it well for future success, but careful financial management will be crucial.

Registered in England/Wales under the registration number 12036972, with a registered address at N16 5BW, England, London, 5 Bethune Road.

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