Dc Engineering (east Anglia) Limited

Dc Engineering East Anglia Ltd from Norwich UK: a small, family business active for 16 years, employs 14 people, and holds £428,986 in assets. Operating from a virtual address—shared by 72 other companies—it’s led by four directors and owned by two individuals. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating from six reviews. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with the last import occurring in July 2024.

The company’s website showcases a focus on hydraulics and machining services, with a dedicated section for "Pure Equine" machinery. It offers manufacturing services, a trade counter with hose-making, and sells products like Aztec hydraulic fluids and cleaners. The site emphasizes innovation and precision, targeting engineering needs.

Financially, Dc Engineering East Anglia Ltd is showing some concerning trends. Current assets have fallen by 34% to £430,000, and net assets have dropped 17% to £74,000. Bank borrowings have significantly decreased by 69%, while cash reserves have plummeted 83% to just £4,600. Creditors have also decreased by 60%, which could be a positive sign of improved debt management. The company meets two of the three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

The sharp decline in cash reserves and net assets suggests the company may be facing financial pressure. While its e-commerce site and hydraulics services appear to be operating, the financials indicate a need for careful management. The family-run nature of the business could be a strength, but the reliance on irregular imports could also create vulnerabilities.

Registered in England/Wales under the registration number 06837439, with a registered address at NR6 6BB, United Kingdom, Norwich, Norfolk, Evolution House Iceni Court, Delft Way.

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