Dc Express Limited

Dc Express Limited, based in Leamington Spa, UK, is a small holding company with an active status, established 24 years ago. Employing 29 people and holding assets of £2,058,582, it operates from a real address and is overseen by one director and one owner. While registered as a regular importer and exporter, it hasn's imported or exported anything for a considerable time - 15 months and 23 months respectively.

The company’s core business revolves around logistics, as highlighted on its website. Dc Express Ltd is a member of the APC network, providing distribution, warehousing, and fulfilment services. It caters to a growing customer base across Coventry and Warwickshire, Banbury and Oxfordshire. Testimonials on the site emphasize reliability, friendly service, and proactive communication – a refreshing contrast to typical courier experiences. The company also handles international shipments through global networks. It’s a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

However, a closer look at the financial data reveals some concerning trends. Current assets have decreased by 10%, while net assets have fallen by 11% to £1 million. Bank borrowings have shrunk by 46%, and cash reserves have plummeted 67% to £65,000. Creditors have remained relatively stable, but the decrease in cash and the drop in net assets suggest a tightening of funds. Future minimum lease payments are also down, though still substantial at £1 million. The company's financial statements are unaudited, a common occurrence for small entities.

The decrease in assets and cash reserves could be attributed to increased operational costs or delayed payments from customers, though the stable creditors suggest the latter is less likely. It's possible the company is reinvesting in its infrastructure or expanding its services, but the decline in cash warrants careful monitoring. The lack of an auditor mentioned further emphasizes the reliance on internal financial management.

Registered in England/Wales under the registration number 04189587, with a registered address at CV6 4AD, United Kingdom, Coventry, Bridge House, 9-13, Holbrook Lane.

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