Dawood Industries Ltd

Dawood Industries Ltd is a small, active company based in London, UK, founded four years ago in 2021. It employs three people and holds £257,069 in assets, operating from a virtual address shared by many other companies. The company is led by two directors and has one owner, Dawood Shezad, who is also the solo founder. It’s an irregular importer, primarily dealing in plastics and plastic products, with just one month of import activity recorded as of June 2024.

The company’s website, currently marked "coming soon," hints at a third-generation platform with new products and services. It will showcase artistic creation industries, with an email address infodawoodindustries.com and a Turkish-based physical address. The website also lists services like management theme design, development, SEO optimization, and domain contact, powered by Olive Themes and WordPress.

Financially, Dawood Industries Ltd presents a mixed picture. Cash bank on hand increased by 35% to £250,000, a positive sign, but current assets declined by 44% to £260,000. Trade debtors plummeted by a staggering 98% to just £5,700, suggesting either rapid collections or a significant shift in sales terms. Equity also decreased by 7.1% to £290,000. While the company meets the criteria to be classified as small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the decline in assets and the large decrease in debtors warrant closer attention. The company's fixed assets, however, increased by 270% to £130,000. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Dawood Industries Ltd seems to be navigating a period of transition. While cash flow improved, the drop in current assets and the dramatic decrease in debtors suggest potential challenges. The company's focus on artistic creation, combined with its irregular import activities, makes it a unique player in the London business landscape, but its long-term financial health remains to be seen.

Registered in England/Wales under the registration number 13189017, with a registered address at W1D 1LP, United Kingdom, London, Third Floor, 104-108 Oxford Street.

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