Davy J Ltd

Davy J Ltd from Plymouth UK is a small, active company founded eight years ago in 2016. With three employees and £89,094 in assets, it operates from a real address and is led by a solo founder and one director, with two owners. The business runs an e-commerce site and regularly imports clothing and accessories made by knitting or crocheting, with four months of import activity recorded. It operates in the manufacture of other wearing apparel and accessories.

The company’s website, Davy J Swimwear, showcases a range of stylish, practical waterwear for women, emphasizing sustainability and ethical production. The site offers a wide selection of swimwear, from one-pieces to mix-and-match separates, catering to various activities like swimming, surfing, and paddleboarding. A key selling point is the brand’s focus on sculpting and shaping swimwear, providing support and confidence for women of all shapes and sizes. The website also features a blog with content on water activities and sustainability, reinforcing the brand’s expertise and values.

Financially, Davy J Ltd presents a mixed picture. Current assets have decreased by 17%, falling to £89,000, while net assets have plummeted 98%, leaving just £340. Cash reserves have also decreased significantly, falling 190% to -£6,800. Trade debtors have fallen by 89%, which could be a positive sign of improved collections. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the sharp decline in equity raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Davy J Ltd appears to be a small, e-commerce-focused business with a strong brand identity and a commitment to sustainability. However, the recent financial results suggest it's facing challenges, and it will be interesting to see how it navigates these pressures in the coming months.

Registered in England/Wales under the registration number 10329696, with a registered address at PL1 3PS, England, Plymouth, 10 Caroline Place.

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