Daviscomms Uk Limited

Daviscomms UK Limited is a small, active company based in Milton Keynes, UK, established eighteen years ago in 2006. With two employees and £3,193,176 in assets, it operates from a real address and is led by two directors and a single owner, who is also the solo founder. The company is regularly importing and exporting electrical machinery and equipment, with 24 months of import activity and 26 months of export activity recorded. It operates in the telecommunications industry.

The company’s website, Daviscomms UK Limited, appears to be primarily informational, lacking direct e-commerce functionality. It details the company's services and expertise, but doesn't offer online sales. The site suggests a focus on providing telecommunications consulting and potentially facilitating connections within the industry.

Financially, Daviscomms UK Limited presents a mixed picture. Cash bank on hand has decreased significantly by 37%, falling to £1,900,000. Current assets have also seen a slight decline, dropping 3.6% to £3,200,000. However, current assets investments have dramatically increased by 100%, reaching £1,000,000. Trade debtors have also decreased, which could indicate improved collection practices. Despite this, net assets have decreased by 3.2%, falling to £890,000. Creditors remain relatively stable, and the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility. There is no auditor mentioned, which is typical for a small, exempt company.

The significant decrease in cash reserves is a point to note. While the company has increased its investments, it’s important to monitor whether this is a strategic move or a sign of tightening finances. The stable creditor levels and decreased debtors suggest the company is managing its short-term liabilities well, but the overall decline in net assets warrants further observation.

Registered in England/Wales under the registration number 05992662, with a registered address at MK5 7HQ, England, Milton Keynes, 74 Faraday Drive, Shenley Lodge.

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