Dbm Control Systems Limited

Dbm Control Systems Ltd from Magherafelt UK: a small, active company founded four years ago, employs ten people, and holds £787,620 in assets. It’s a family business with three directors and three owners, boasting a perfect 5.0 Google rating from one review. The company operates as an irregular importer of electrical machinery and equipment, with just one month of import activity recorded as of December 2023.

The company’s core business involves the manufacture of other electrical equipment, and it operates from Unit 5 Linc Business Park in Magherafelt. The address is real, with only one other company registered there. While the company’s website is unavailable, its profile on Companies House reveals a focus on electrical engineering and control systems.

Financially, Dbm Control Systems Ltd demonstrates a mixed picture. Cash bank on hand has seen a significant increase of 580%, jumping to £160,000, while creditors have ballooned by 2,100%, reaching £100,000. Current assets have also grown by 58%, to £790,000, and equity has increased by 75%, to £560,000. However, accumulated depreciation impairment property plant equipment has also increased significantly, by 600%, to £42,000. The company is classified as small, meeting two of three conditions for size: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size and exemption from an audit.

Overall, Dbm Control Systems Ltd appears to be growing, with increased cash reserves and assets. However, the rise in creditors suggests a need to manage debt carefully. It's a family-run operation, and the company's success will likely depend on maintaining its reputation and adapting to changing market conditions.

Registered in Northern Ireland under the registration number NI673752, with a registered address at BT45 8DP, Northern Ireland, Magherafelt, Unit 5 Linc Business Park, Castledawson Road.

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