Davlex Ltd

Davlex Ltd, based in Liverpool, UK, is a small, active company established 19 years ago. With two employees and £117,764 in assets, it operates from a virtual address shared by 125 other companies, a detail that warrants some scrutiny. The company is led by a single director and owner, Wareing Alex, and features a Google rating of 2.0 based on just four reviews. It’s a regular importer of electrical machinery and equipment, having imported for 92 months, with the most recent activity in February 2025. Davlex Ltd also runs an e-commerce site, catering to commercial kitchen appliance needs.

The website showcases a wide range of cooking equipment, refrigeration, and food preparation tools, targeting restaurants, cafes, and other hospitality businesses. It emphasizes next-day delivery and a commitment to competitive pricing, highlighting a focus on customer service. The site also features a "pizza prep counter" collection, suggesting a specialization within the catering equipment sector.

Financially, Davlex Ltd’s recent performance presents a mixed picture. Cash bank on hand has fallen by 24% to £71,000, and net assets have declined significantly by 80% to just £1,800. While current assets have increased slightly to £120,000, trade debtors have surged by a staggering 490%, indicating potential issues with customer payments. Creditors have also risen by 28%, adding to the financial pressures. The company’s small size – meeting two of three conditions for being classified as small – provides some flexibility, but the decrease in equity is concerning. The lack of an auditor mentioned, likely due to its small size, means these figures are unaudited.

Overall, Davlex Ltd appears to be navigating a challenging period. While its e-commerce operation and product range are well-presented, the financial data suggests a need for careful management and a focus on improving cash flow.

Registered in England/Wales under the registration number 05777687, with a registered address at L3 5NW, Liverpool, Seymour Chambers, 92 London Rd.

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