Db Merchandise Ltd

Db Merchandise Ltd, based in Leicester, UK, is a small, active company founded just one year ago. It's a solo founder operation with one employee and a turnover of £361,031. The company operates an e-commerce site selling a wide range of promotional products, from bags and pens to technology and PPE. It has a real registered address and is managed by one director and owner.

The website showcases an extensive catalog, catering to businesses seeking branded merchandise for staff, events, or corporate gifting. It even offers luxury items from brands like Hugo Boss and Yeti. The site highlights its ability to provide custom solutions and emphasizes its experience working with various industries, including finance, IT, and education. It also has a section dedicated to health and wellbeing merchandise, reflecting a shift in focus towards employee wellness.

Financially, Db Merchandise Ltd is showing some concerning trends. While turnover remained steady at £360,000, the company reported a net loss of -£30,000. Equity is low at just £1, and cash reserves are minimal. Bank borrowings increased, suggesting a need for external funding. Trade debtors are up, which could be a sign of slow-paying customers. The company’s small size (meeting two of three criteria for a small company) means it’s exempt from an audit, so the figures are unaudited.

It’s clear that while Db Merchandise Ltd has a strong online presence and a diverse product range, it’s facing financial pressures. The company’s ability to maintain its growth and profitability will depend on its ability to manage its costs and improve its cash flow. It seems like the business is burning through money, but it's also trying to adapt to new trends.

Registered in England/Wales under the registration number 14885435, with a registered address at LE2 6EL, United Kingdom, Leicester, Leicestershire, 450 Welford Road.

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