Dcs Universal Contractors Ltd

Dcs Universal Contractors Ltd from Watford UK is a small, active company founded seven years ago in 2018. With four employees and £437,850 in assets, it operates from a real address and is overseen by two directors and one owner, boasting a stellar 5.0 Google rating from six reviews. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with recent import activity recorded just one month ago.

The company’s website highlights its focus on bespoke furniture, offering "kitchens made to measure" and a range of other products, including wardrobes, shelving, and bathroom cabinets. It positions itself as a family business providing affordable, high-quality furniture manufactured in its Watford workshop, with a commitment to exceptional workmanship and customer service. The site encourages customers to visit the workshop during fabrication and offers a range of services, including design consultations and installation.

Financially, Dcs Universal Contractors Ltd presents a mixed picture. While net assets increased by 110% to £850, current assets dropped by 180% to £440,000. Bank borrowings increased significantly by 93%, reaching £91,000, and cash reserves decreased by 66% to just £460. Creditors also rose considerably by 130%, reaching £560,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in loans and the decrease in cash reserves suggest the company is investing in growth, but it also faces increased financial pressure. The significant rise in creditors also warrants closer attention. The lack of an auditor mentioned likely means the accounts are unaudited, relying on director-reported data.

The company’s recent change in ownership, just one month ago, could indicate a strategic shift or new investment, and the increased import activity suggests a focus on sourcing materials. Overall, Dcs Universal Contractors Ltd seems to be navigating a period of growth and change, but it will need to manage its finances carefully to ensure long-term sustainability.

Registered in England/Wales under the registration number 11251699, with a registered address at WD24 4AY, England, Watford, Hertfordshire, Ground Floor Unit 6, Bermer Place, Imperial Way.

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